Explore BrainMass

Payroll Function and Reporting

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

1. What types of regulations requiring periodic reporting, both monetary and statistical, come along with the payroll function, and what are the reports required?
2. Is the payroll function best performed within a company, or is outsourcing a better approach to payroll processing?
3. What are the positives and negatives of both?

© BrainMass Inc. brainmass.com October 25, 2018, 7:24 am ad1c9bdddf

Solution Preview

1. The regulations requiring periodic reporting that come with payroll function are the reporting of withholding of salaries for the purpose of taxation. There is also need to report withholding to the state government. For example, form 941 and 940 have to be filled. Form 940 is the Federal Annual ...

Solution Summary

The response provides you a structured explanation of Payroll Function. It also gives you the relevant references.

See Also This Related BrainMass Solution

Human Resource Manager: A Job Description

Please help me with this assignment:
Assume that your company is searching for a candidate to fill in the Human Resource Manager post. This position will have to manage about 60 employees. The new Human Resource Manager will be reporting directly to the Human Resource General Manager.

Conduct a detailed job description for this position.
The job description should cover FIVE main tasks as a Human Resource Manager.

Please provide an example of a job description and set of tasks.

View Full Posting Details