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DIRECT DEPOSIT AUTHORIZATION Western Michigan University Payroll Office 1903 West Michigan Avenue Kalamazoo, MI 49008 Mail Stop 5250 Seibert Administration Building, Room 4000 Phone: (269) 3872935
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How to fill out payroll and disbursements
How to fill out payroll and disbursements
01
Gather all necessary payroll information such as employee hours worked, overtime, bonuses, and commissions.
02
Calculate each employee's gross pay based on the information gathered.
03
Deduct any taxes, insurance premiums, retirement contributions, and other withholdings from each employee's gross pay.
04
Generate pay stubs for each employee showing their net pay after deductions.
05
Disburse payments to employees either through direct deposit or physical checks.
Who needs payroll and disbursements?
01
Businesses of all sizes that have employees need to handle payroll and disbursements.
02
Accounting or finance departments within organizations are typically responsible for managing payroll and disbursements.
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Freelancers or independent contractors may also need to manage their own payroll and disbursements.
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What is payroll and disbursements?
Payroll refers to the process of paying employees for their work, while disbursements refer to the distribution of funds for various expenses.
Who is required to file payroll and disbursements?
Employers are required to file payroll and disbursements for their employees.
How to fill out payroll and disbursements?
Payroll and disbursements can be filled out using payroll software or manually by entering all relevant employee and payment information.
What is the purpose of payroll and disbursements?
The purpose of payroll and disbursements is to ensure that employees are paid accurately and on time, and that expenses are properly recorded and accounted for.
What information must be reported on payroll and disbursements?
Payroll and disbursements must include employee names, hours worked, wages earned, deductions, and any other relevant payment information.
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