Payroll
Costpoint Payroll contains the tables related to overall payroll settings and maintenance of your company payroll schedules, deductions, tax tables, workers' compensation data, and employee data.
Reports containing basic employee setup data are also available, as are the functions to compute and edit payroll data, to process payroll checks and direct deposits, and to post the payroll to the general ledger. Costpoint Payroll also contains a variety of reports and inquiries, which provide data on employee earnings, workers' compensation, quarterly taxes, and withholdings.
- Related Topics:
- Payroll Process Flow
The Payroll Process Flow diagram describes the overall activities involved in Payroll. - Payroll Processing
Payroll processing includes several activities such as managing pay periods and updating excess life deductions. - Payroll Closing
There are several applications related to payroll closing such as Post Payroll Journal and Print Certified Payroll Report. - Payroll History
There are several applications related to Payroll History which are the Print Employee Earnings Report and the Manage Employee Earnings History. - US Treasury Savings Bonds
There are several applications related to US Treasury Savings Bonds such as the Manage Savings Bonds Treasury File Data and Create US Treasury File screens. - Tax Reporting
Tax Reporting are divided into two categories which are Federal Taxes and State and Local Taxes. - Ceridian Tax Services
There are several applications that are related to Ceridian Tax Services such as Configure CTS Settings and Manage CTS Tax File Data. - Year-End Processing
The applications for year-end processing are categorized into W-2s and Electronic Filing. - Payroll Utilities
There are several applications related to Payroll Utilities such as Delete Payment Advices from Payroll Edit Table and Update State Filing Status. - Payroll Interfaces
There are several applications that are related to Payroll Interfaces and they are Configure Payroll Tax Report Settings and Export Payroll Taxes. - Payroll Reports/Inquiries
There are several reports and inquiries in Payroll such as Print Deduction Summary Report and View Bank Information. - Deductions
There are several applications related to Deductions such as Manage Deduction Modify Codes and Manage Deduction Schedules. - Garnishments
There are several applications related to Garnishments such as Manage Garnishment Recipients and Manage Federal Tax Levy Exemptions. - Federal Taxes
There are several applications related to Federal Taxes such as Manage Federal Taxes and Manage Advance Earned Income Credit Tables. - State Taxes
There are several applications related to State Taxes such as Manage State Taxes. - Local Taxes
There are several applications related to local taxes such as the Manage Local Taxes screen and the Manage Local Taxes table. - Payroll Controls
Use the screens in the Payroll Controls application group to set up overall parameters and settings for Payroll module and payroll-related information. - Administrative Utilities
The Purge Audit File Data screen is an Administrative utility. - Related Topics
View additional topics related to payroll processing in Costpoint. - Multi-State Taxes
Multi-state taxes enable employees to report when they work in various states during one pay period and be taxed appropriately.
Parent Topic: People