PAYROLL SERVICES STANDARD PRACTICE GUIDE

MICHIGAN TECHNOLOGICAL UNIVERSITY HUMAN RESOURCES - 2017 PAYROLL SERVICES STANDARD PRACTICE GUIDE PAYROLL SERVICES STANDARD PRACTICE GUIDE Page 1 of 7 Table of Contents Objective .. 2 Overview of PAYROLL Procedures .. 2 Department Roles and Segregation of Duties for PAYROLL processing .. 2 PAYROLL Guidelines .. 2 PAYROLL 3 PAYROLL Time Entry Individual Time Sheets .. 3 PAYROLL Time Entry - Organizational Time Sheets .. 4 Department Time 4 Web Time Entry .. 5 TimeClock Plus Entry .. 5 Reporting Prior Pay Periods .. 6 Revising Prior Pay Periods .. 6 Verifying and Monitoring PAYROLL Transactions .. 6 Record 7 Endnotes .. 7 PAYROLL SERVICES STANDARD PRACTICE GUIDE Page 2 of 7 Objective This GUIDE outlines STANDARD PAYROLL procedures and internal controls that should be applied by all University departments for paying employees.

Department Roles and Segregation of Duties for Payroll Processing . Regardless of the reporting method, the department is responsible for maintaining internal controls for the payroll process. Segregation of duties needs to be established to ensure one individual is not recording, approving and reviewing the payroll.

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  Internal, Control, Processing, Payroll, Internal control, Payroll processing

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