Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Prepare a document flowchart to document the payroll processing system at No - Wear Products. The payroll processing system at No - Wear Products is

Prepare a document flowchart to document the payroll processing system at No-Wear Products.
The payroll processing system at No-Wear Products is fairly simple. Time data is recorded in each department using time cards and clocks. It is annoying, however, when people forget to punch out at night and we have to record their time information by hand. At the end of the period, our payroll clerks enter the time card into a payroll file for processing. Our clerks are pretty good though Ive had to make my share of corrections when they mess up the data entry.
Before the payroll file is processed for the current period, human resources sends up data on personnel changes, such as increases in pay rates and new employees. Our clerks enter this information into the payroll file so it is available for processing. Usually, when mistakes get back to us, its because human resources is recording the wrong pay rate or an employee has left and the department forgets to remove the record.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Statement Analysis

Authors: K. R. Subramanyam, John Wild

11th edition

78110963, 978-0078110962

More Books

Students also viewed these Accounting questions