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Finance

Payroll Cycle

End-to-end payroll cycle: timesheet collection and validation, gross-to-net calculation with tax and benefits, approval, ACH disbursement, pay stub distribution, tax filings, and GL journal posting.

14steps
14connections
Loading diagram: Interactive BPMN diagram with 14 steps for the "Payroll Cycle" process.
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Process steps

1
Collect Timesheet Data
HR · Workday + Deel
2
Manager Timesheet Validation
Managers · Workday
3
Resolve Timesheet Issues
HR · Workday
4
Calculate Gross Pay
Payroll · Gusto
5
Apply Tax Deductions and Benefits
Payroll · Gusto
6
Net Pay Calculated and Audit Trail Generated
Payroll · Gusto
7
Payroll Approval
CFO · Gusto
8
ACH Transfer Initiated
Treasury · Plaid + Bank API
9
Pay Stubs Distributed
Payroll · Gusto
10
Tax Filings Submitted
Payroll · Gusto Tax
11
GL Journal Entries Posted
Accounting · NetSuite + Gusto Sync

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