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Payroll cycle- harware and software, controls

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In respects to the Payroll cycle - think of what hardware and software would be necessary to integrate this cycle into an automated system. Please respond to the following questions:

1. What controls will need to be in place for the payroll cycle in order to integrate this cycle into an automated system?

2. What types of reports will need to be generated?

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Solution Summary

The expert determines the controls needed to be in place for the payroll cycle in order to integrate this cycle into an automated system.

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Some of the internal controls which need to be in place for the payroll cycle in order to integrate it into an automated system are:

The foremost thing is to ensure that payroll disbursements are made only upon proper authorization to bonafide employees so that no unauthorized person can get disbursements from the system. The system should be password protected and secure to avoid intrusions by outside and unauthorized ...

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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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