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【正文】 personalized pay cheques showing the name and the correct amount due to each employee ? Some systems allow payment to be made by Bank Giro, which reduce the costs of bank charges and administrative time when use cash or cheques for payroll. ? Business cost are reduced (one cheque for entire payroll) ? Employee get paid more quickly Payroll Systems ? How does the payroll system works? ? From the bank’ s point of view: Bank Giros are time consuming ? Solution: Paypath or BACS(Bank Automated Clearing System), ? allow the same data to be taken to the bank on puter disk, where it can be read directly ito the bank’ s puter ? Less time is needed for processing the transactions, which is reflected in lower bank charges for the service ? Solution2: electronic funds transfer (EFT) ? Eliminates the need to go to the bank. ? Data can be transferred electronically, and the funds required for payment automatically removed from the firm’ s bank account T i m e s h e e t R e s t au r an tW e e k e n di n g : 21 A u g 99N a m e M on da y T u e s da y W e dn e s da y T h u r s da y F r i da y S a t u r da y S u n da y T ot a lA n de r s on , J oh n 8 8 8 8 9 8 49B a r ke r , C l i v e 8 8 4 8 8 4 40D u n n e , J oe 9 8 8 8 8 41F a g a n , T om 8 8 8 8 4 36H og a n , Fr e d 4 8 8 8 8 36T w oo m w y , Fr e d 8 10 8 8 8 42T ot a l H ou r s 37 32 36 34 32 37 36 244Employee Time Sheet Employee Master File E m p lo y ee M a s t er F ile Pr iv a t e a nd c o nfiden t ia l E m p lo y ee n o . 6 7 8 4 5 A d d r es s : 1 2 7 A n g les ea R d Su r n a m e: S m it h Do n n y b r o o k Fi r s t n a m e: Fred Du b li n 4 Mar ital stat u s : Mar r ied Soc ial in s u r an ce n o . 1 2 3 6 7 8 9 A P ay m en t p er io d : Mo n th l y T ax tab le: C An n u al ta x f r ee allo w a n ce 4230 Soc ial in s u r an ce cate g o r y : A1 Salar y to d ate: 8000 Nu m b er o f c o n trib u tio n s : 32 T F A to d ate: 2810 C u m u lati v e ta x p aid : 2023 Personnel Systems ? Because of the links between the payroll and the personnel departments, their puter s
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