The English word ‘payrollGlossary’ means ‘payrollGlossary accounting’ in German and covers all tasks related to the payrollGlossary of employees in a company. This includes:
- Recording or reviewing working hours
- Creation and review of way and salary payslips
- Calculation of social security contributions and taxes
- Payment of wages
PayrollGlossary is therefore a central part of human resources and ensures that all employees are paid on time and correctly.
Another aspect of payrollGlossary is compliance with legal requirements and guidelines. This includes, among other things, labour law, tax regulations and social security provisions. An incorrect payslip can not only lead to dissatisfaction among employees, but often has legal consequences – which quickly become expensive.
Modern software systems such as Apriko digitise these payrollGlossary processes in order to automate them. This saves time, money and minimises errors.