Daily Archives: June 3, 2020

Payroll Accounting in Ghana

Payroll Accounting: What it is and how to do it properly

What is Payroll accounting? Payroll accounting is generally about properly accounting for salaries and wages of workers, taking into consideration the statutory obligations that arise and then making payments for them within the required time and with the right documentation. It hinges on 3 pillars: the terms of employment, the policies of the company, and the laws of the land.…