site icon 550x550 1

Best Practices in Payroll Management within Development Organisations

Time Sheet. Timesheet plays significant role as a source of recording and monitoring staff time, hence time sheets are completed by each employee, signed by the employee’s immediate supervisor, and submitted on or before the last day of the month to the appropriate Head of Department in charge of payroll after the CEO/MD/CoP has signed in addition to the supervisor. Payment of Salaries Depending of the nature and Internal control procedures, salaries are best paid through bank transfer. The appropriate personnel in charge of payroll prepares the transfer letters with the cheque, then review and approved by the bank signatory …

Best Practices in Payroll Management within Development Organisations Read More »