Gather Employee Information: Collect and maintain employee details, tax forms, and banking information.

Track Time and Attendance: Record employee work hours, including regular time, overtime, and leave.

Calculate Gross Pay: Determine employee earnings based on pay rates and hours worked, including any additional earnings.

Deductions and Withholdings: Calculate and deduct taxes, such as federal, state, and local, and other deductions like insurance premiums and retirement contributions.

Net Pay Calculation: Subtract total deductions from gross pay to arrive at the net pay amount.

Payroll Processing: Enter employee data into a payroll system, review for accuracy, and process payroll accordingly.

Pay Employees: Choose a payment method, such as direct deposit or printed checks, and distribute pay stubs or electronic statements.

Payroll Tax Deposits and Filings: Deposit and report payroll taxes to the appropriate tax agencies, complying with deadlines and regulations.

Maintain Payroll Records: Keep records of employee earnings, tax forms, and payroll reports for the required duration.

Payroll Reporting and Compliance: Generate payroll reports for analysis and maintain compliance with changing laws and regulations.