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payroll Sycle

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › payroll Sycle

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by Kim Smith.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • July 26, 2021 at 4:09 pm #629499
    abokor
    Participant
    • Topics: 82
    • Replies: 114
    • ☆☆

    Hello sir. hope u are doing good.

    is it ok if production supervisors distribute wages. or it should be done only by the payroll department.

    thanks.

    July 26, 2021 at 6:31 pm #629505
    Kim Smith
    Keymaster
    • Topics: 137
    • Replies: 8387
    • ☆☆☆☆☆

    I suppose there are some countries/businesses where wages are “distributed” – implying cash (rather than just a payslip confirming money transferred to the employee’s bank account).

    If it is cash and the production/factory supervisor is authorising overtime, it would be preferable to have segregation of duties here.

    July 26, 2021 at 6:43 pm #629507
    abokor
    Participant
    • Topics: 82
    • Replies: 114
    • ☆☆

    I take your point.

    thanks for your instant replay.

    July 26, 2021 at 7:47 pm #629515
    Kim Smith
    Keymaster
    • Topics: 137
    • Replies: 8387
    • ☆☆☆☆☆

    You’re welcome!

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘payroll Sycle’ is closed to new replies.

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