Remove Deductions Remove IT Remove Net Pay Remove Online Payroll
article thumbnail

Payroll Calculation in Excel vs. Payroll Software: Which Is Better?

Qandle

Looking for the Best HR Payroll Software ? Check out the Best HR Payroll Software. What Does It Mean to Run Payroll? Running payroll refers to the process of calculating and distributing employee compensation, including wages, salaries, bonuses, and deductions, within an organization.

article thumbnail

What Is Imputed Income? | Payroll Definition and Examples

Patriot Software

Do not include imputed income in an employee’s net pay. Non-deductible moving expense reimbursements. Essentially, imputed income can determine how much an individual pays for child support. In child custody cases, a judge may use imputed income to determine how much an individual can pay. Employee discounts.

Payroll 46