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:
The Payroll Process Flow diagram describes the overall activities involved in Payroll.
Payroll processing includes several activities such as managing pay periods and updating excess life deductions.
There are several applications related to payroll closing such as Post Payroll Journal and Print Certified Payroll Report.
There are several applications related to Payroll History which are the Print Employee Earnings Report and the Manage Employee Earnings History.
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 are divided into two categories which are Federal Taxes and State and Local Taxes.
The applications for year-end processing are categorized into W-2s and Electronic Filing.
There are several applications related to Payroll Utilities such as Delete Payment Advices from Payroll Edit Table and Update State Filing Status.
There are several applications that are related to Payroll Interfaces and they are Configure Payroll Tax Report Settings and Export Payroll Taxes.
There are several reports and inquiries in Payroll such as Print Deduction Summary Report and View Bank Information.
There are several applications related to Deductions such as Manage Deduction Modify Codes and Manage Deduction Schedules.
There are several applications related to Garnishments such as Manage Garnishment Recipients and Manage Federal Tax Levy Exemptions.
There are several applications related to Federal Taxes such as Manage Federal Taxes and Manage Advance Earned Income Credit Tables.
There are several applications related to State Taxes such as Manage State Taxes.
There are several applications related to local taxes such as the Manage Local Taxes screen and the Manage Local Taxes table.
Use the screens in the Payroll Controls application group to set up overall parameters and settings for Payroll module and payroll-related information.
The Purge Audit File Data screen is an Administrative utility.
View additional topics related to payroll processing in Costpoint.