Accounts and simplified payroll

At month end, the payroll preparer and the person making transfers need to agree on the same amounts.

Prepare the period

Select the period and review employee records. Check variable items such as bonuses or absences against approved records before preparing payslips.

Review the payslip

For a one-off bonus, check its effect on net pay. Review social contributions and rounding separately before releasing the payslip.

Track payments

Record the date, amount and payment account. An advance covers only part of a salary. Reconcile the balance and payment history against the bank statement.