Payroll
Payroll refers to the process of calculating and disbursing compensation or wages to employees for their work performed during a specific period.
What is Payroll?
Payroll refers to the process of calculating and disbursing compensation or wages to employees for their work performed during a specific period. It encompasses various activities related to managing employee salaries, wages, deductions, benefits, and taxes, as well as complying with legal and regulatory requirements related to payroll administration.
You can manage payroll directly in NetSuite. The benefits of bringing payroll into NetSuite include: eliminating the need to manage, finalize, export, and import data payroll, automating approvals and journal entry processes, and gaining true visibility into the financial impact of labor costs. One way to do this is through a cloud-based, native NetSuite app—like ZonePayroll.
