A payroll is a list of names.
A list is a list or catalog of names of people or things . In ancient times, according to the dictionary of the Royal Spanish Academy (RAE) , a payroll was a relic where names of saints were written. Today there are certain superstitious amulets that also receive this name.
On the other hand, this word, which has its origin in the Latin term nomĭna, also allows us to refer to the nominal relationship of individuals who, in an office, receive salaries and must justify with their signature that they have received them.
Payroll concept
It is, therefore, a manual accounting system that includes the preparation of payroll checks , a function that is generally separate from the maintenance of records showing salary, position, working time, deductions and rest of the data related to personnel. The payroll presents the list of people who work in an office with their respective salaries.
The payroll procedure, in short, consists of determining the gross amount earned by each worker , making the corresponding deductions, calculating the net amount to be paid, preparing paychecks and keeping an individual record of what is earned by each employee .
A company's payroll details how much each worker should be paid.
Classification according to type
There are various types of payrolls. More precisely, three are the most common. Among them are commissions , which are salaries that are only charged for making a series of sales. Thus, depending on them, they receive some commissions or others.
In second place are salaries , which are the most common types of payroll, and in third place are fees . The latter are those that are frequently used to pay for work carried out by freelancers or self-employed workers who operate on their own account.
Payroll preparation software
We also have to highlight that there is software that has been specially designed for the administration areas of companies that are responsible for preparing and preparing payrolls. We are referring to Nominaplus . This program has become one of the most useful and effective tools for preparing and preparing payrolls in a very comfortable and simple way.
The agreements, categories, Social Security, company data, worker category or contribution bulletins are some of the essential elements that are used as parameters in this aforementioned software to prepare the aforementioned payrolls.
Other considerations
Companies require a payroll summary for each period. They also usually require a distribution of payroll costs by department, by product or by classification, depending on the different production processes.
Although the mechanism for accounting for payroll may vary in each company, there are certain steps common to all, such as preparing the payroll with the names and salaries of the workers.
In addition to all the above, we cannot overlook the fact that payroll is also in ancient times how the relic where the names of all the saints were written was known. And that's without forgetting that payroll is also a series of amulets.