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Thursday, January 20, 2011

Introduction to PeopleSoft Payroll for North America.



Introduction to PeopleSoft Payroll for North America:

One of the Module within PeopleSoft HCM Suite is Payroll for North America. This module can be used for USA and Canada countries. Basically, this module provides the tools to calculate earnings, taxes, and deductions efficiently , i.e calculate Gross to Net; PeopleSoft North American Payroll is a robust payroll solution that enables you to turn your payroll processing into a dynamic, accurate, easily controlled operation.  From time entry, payroll calculation, and tax computation to check preparation, payroll reporting,  tax and year-end reporting;

If you are trying to process payroll for other countries like UK or France, then you would need to use another Module called "PeopleSoft Global Payroll";  You need to define and configure the rules around that countries payoll requirements.


Payroll for North America integrates with these PeopleSoft applications, including HRMS, Time and Labor, and Student Administration as shown below:


With Payroll for North America, you can design the payroll system to meet your organization's specific requirements. Provide the system with some basic information about the types of balances that you want to maintain, how you want to group the workforce, and when you want to pay them. You can define and establish earnings, deductions, taxes, and processes that fit your unique business needs. The payroll system enables you to calculate gross-to-net or net-to-gross pay, leave accruals, and retroactive pay.

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