What is payroll and the need for CIS Payroll in Cumberland RI

Priyakhatri 28 Sep, 2021Education

Payroll refers to the list of employees/workers that receive compensation from a company. But most companies use the term to refer to the money that is paid to the employees or the money records that detail how much each worker had made. Apart from this, payroll also refers to the company, software, or department that is used to process paychecks and taxes or to the process of calculating as well as distributing employee paychecks.