While many aspects of accounting vary between companies, there is one constant - if your company has employees, it will need to account for these employees' payroll.
Payroll is one of the areas of accounting which small business owners find especially difficult, and as such is often dealt with by an external firm of accountants.
Accountants working in payroll face many challenges associated with the accurate and timely processing of employee compensation, which is often the single largest expense of an organization and as such must be rigorously controlled.…
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