Hakan YORULMUŞ 030070111 week8th second part

5)Payroll  (Group:managment)

(previous)
The payroll area computes payments, taxes, and other deductions for
employees. It also includes reporting and paying employee tax withholdings
to government agencies. Input includes time and attendance
information and production data from plant operations. Output
includes payroll checks, labor distribution, and government reports
and payments.
(Sabrie Soloman, Sensors and Control Systems in Manufacturing, 2nd edition, page 245)


(new)-better

Payroll is measured by employee compensation, including wages, salaries, commissions and any other form of remuneration paid or accrued to employees for personal services. Payroll may include compensation paid to ex­ecutive officers and certain in-kind payments, such as the value of board, rent, housing, lodging, and other benefits or services. Payroll generally excludes payments made to independent contractors and others who are not classified as employees.

The states generally assign payroll to the location where it is assigned for federal unemployment insurance purposes. If an employee performs services in more than one state, payroll is assigned to the state where the employee's base of operations is located.

The Canadian payroll factor includes compensation and taxable benefits paid to employees. The provinces assign salaries and wages to the location of the permanent establishment where the employee normally reports to work. Salaries and wages for head office administration are assigned to the province where the head office is located.

(Joann Martens Weiner, Company Tax Reform in the European Union: Guidance from the United States,2006,page53)