Steps in Payroll Process

If you look at the below picture, there are six different steps in PeopleSoft Payroll Process.

1. Setup Core HR and Payroll Tables
2. Employee Data Setup based on Step 1.
3. Create PaySheets for all Employees based on Step 2.
4. Run PeopleSoft Pay Calculations
5. Finalize and Confirm the Payroll
6. Run Reports which includes Direct Deposits, Printing Checks etc.

With PeopleSoft North American Payroll , you should be able to:

• Set up employee data for U.S. and Canada.
• Process garnishments.
• Create and work with paysheets.
• Run pay calculation processes.
• View earnings and paycheck summaries for U.S. and Canada.
• Run pay confirmation processes, including USF reports.
• Work with checks and direct deposits for U.S. and Canada.
• Perform periodic payroll events.
• Enter, view, and process tip allocation data.
• Process retroactive pay.
• Process retroactive benefits and deductions.
• View and adjust employee balances for U.S. and Canada.
• Generate a Canadian Record of Employment (ROE).
• Generate IRR and ROST reports for USF.
• Run Human Capital Management (HCM) reports.