Preparation of Payroll

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Preparation of Payroll

The following are used in the preparation of Payroll:

Employee’s number.

Employee’s name.

Salary grade level.

Basic pay.

Allowance e.g. Transport, Housing, Medical etc.

Total allowances paid.

Gross pay.

Statutory deductions e.g. income tax.

Voluntary dedications

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JSS3: BUSINESS STUDIES - 1ST TERM

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