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Payroll is a method of administering employee’s salaries in an organization. In a company, employee payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions and also from joining to resigning all of the formalities. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. The Payroll Management System deals with the financial aspects of employee’s salary, allowances, deductions, gross pay, net pay etc.