PAYROLL FUNCTIONS Sample Clauses
The PAYROLL FUNCTIONS clause defines the responsibilities and procedures related to processing employee compensation within an organization. It typically outlines tasks such as calculating wages, withholding taxes, administering benefits, and ensuring timely payment to employees. By clearly assigning these duties, the clause helps prevent errors, ensures compliance with legal requirements, and maintains smooth payroll operations.
PAYROLL FUNCTIONS. Parent shall perform all payroll functions including, but not limited to, the preparation of all payroll checks and withholding tax reports.
PAYROLL FUNCTIONS. Check fortnightly payroll to ensure all information entered into system is accurate. Maintain all personnel records in relation to payroll functions (eg: leave, superannuation, etc). Provide information to staff on their employment entitlements (eg: leave, superannuation, etc). Interpret, understand and apply tax laws, superannuation, agreements and awards.
PAYROLL FUNCTIONS. Provider shall provide Company with the following payroll services: (i) maintenance of employer records concerning benefit and tax data; (ii) computation of amounts to be withheld for benefits and taxes; (iii) production of employee deposit advices or paychecks; and (iv) filing of payroll tax returns with appropriate taxing authority.
