02 — Capability · BC-350.50
Payroll
Pay every person the right amount on the right day, with deductions, withholdings and records correct in every jurisdiction the organization employs people in.
- Payroll Processing
- Pay Operations
In scope
- Payroll calculation and payment runs
- Deductions and garnishments
- Payroll records and employee pay inquiries
Out of scope
- Payroll tax filings (see BC-240)
- Journal entries and bank reconciliation (see BC-210)
Realized by · 2
Used in · 2
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 4
- BC-350.50.10Payroll CalculationCompute gross-to-net pay from time, pay rates, variable pay and elections for each pay period, with controls that catch errors before payment.
- BC-350.50.20Payroll Payment & DistributionDisburse pay by the chosen method on schedule and issue pay statements that explain the result.
- BC-350.50.30Deductions & GarnishmentsApply voluntary deductions and court-ordered withholdings correctly and remit them to the right parties.
- BC-350.50.40Payroll Inquiry & CorrectionAnswer pay questions and correct errors with off-cycle payments or adjustments, and learn from the pattern.