Automation of business processes of settlements with payroll personnel

The economic essence of payroll business processes is the observation and systematization of information on labor costs for production and remuneration of each employee. Business processes related to labor settlements include accrual of wages disbursement of funds to employees withholding of taxes and insurance contributions as well as transfer of withheld amounts to the relevant funds. Proposals to improve the software for payroll settlements with personnel will contribute to: building a unified information environment for payroll settlements streamlining business processes by eliminating the significant influence of the human factor building a transparent system of settlement and accounting operations creating an analytical system of primary operational accounting of payroll and personnel accounting obtaining operational analytical reporting for making optimal management decisions which in the final analysis will help to improve the efficiency of payroll settlements with personnel.