Payroll records are documents that a company maintains to track the payroll information of its employees. They include details such as the employee's name, pay rate, hours worked, and any taxes or deductions that have been withheld from the employee's pay. Payroll records are important for a company because they provide a record of the pay that has been issued to employees and the taxes and deductions that have been withheld. They are used to prepare a company's payroll tax returns and to provide employees with pay stubs and other documents.
What is Finanshels?Setting up a good small-business bookkeeping system can be an involved process, especially if you’re not an experienced bookkeeper. Rather than spending enormous time and effort on getting your books up and running, consider turning to Finanshels for help. We’ll set up your bookkeeping system to ensure that your business is starting off right – and we’ll save you a huge amount of stress.Want someone to help you organize your bookkeeping system? Try Finanshels
