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Payroll Processing Cycle Overview

 

 prs PayrollProcessingCycle

 

 

There are usually eight steps in a normal payroll cycle. In this chapter, we will take a closer look at some of the steps in detail and their implications for the company. 

To ensure punctuality of the payday, the company has to find the appropriate cut-off date for each step. We will explore more on how to derive a proper time frame later in this chapter.