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One principal across all businesses is Payroll. It is often the subject of error, fraud and theft, due to changing variables such as complex tax regulations, time tracking, attendance, incentive based pay and changes in contractual salary agreements. Additionally, high volume and frequency of transactions make Payroll an intricate process to assess.
Suspicious Activities Active employees not paid Payments after contract ends Ghost employees Irregular payments Changes in Basic Pay Overtime Exceptions Overtime abuse Overtime rate exceptions Master Data Amendments Changes in bank account numbers Employees added or removed Payroll codes added Changes in taxation methods Reactivation of payroll codes Master Data Exceptions Duplicate bank account details Missing bank account details Duplicate payments Duplicate Tax ID Tax ID Errors Areas of Applications
Mar 29 Python is considered the official programming language for non-programmers. It gives you increased flexibility and expansive access to your data. For those usin...
Sep 19 The general ledger is the core of the financial reporting system. Since the GL holds nearly all the financial information used to create the financial statement...
Nov 07 The SmartAnalyzer Financial App and other Audimated Apps are very powerful additions to IDEA. However, some users may find that they need a little assistance us...
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