ResponsibilitiesCollect daily, weekly or monthly timesheetsCalculate bonuses and allowancesPrepare employees compensation by the end of each month using payroll softwareSchedule bank payments or hand out paychecks directly to employeesDistribute payment statements and gather signed receipts (digital or paper)Report on payroll expensesEnsure wages and tax withholdings comply with regulationsEnter new employees data (e.g. bank accounts and tax identification numbers) into internal databases