Payroll Interview Questions

• What are the mandatory fields while creating Payroll?
• Payroll Name
• Period Type
• Start Date
• Define Elements?
• Elements are the building blocks for earnings, deductions etc. of a Payroll.
• It is a Data Structure which is used to hold information for both Human Resources and Payroll.
• In Human Resources elements may represents compensation types including Earnings such as Salary, Hourly Wages and Bonuses.
• In Payroll, elements constitute all the items in the Payroll run process.
• What the Element can represent?
• Earnings >> Salary, Wages and Bonuses.
• Benefits >> Employee stock and Pension Plans.
• Non-Payroll Items >> Expenses
• Absences from work
• Voluntary and In-Voluntary deductions
• Employer Taxes and other Liabilities.
• What are the pre-defined Elements?
• UK Payroll legislation provides many predefined elements
• Tax
• National Insurance (Employee/Employer)
• Court Orders
• These Elements cannot be modified.
• What are the Element Entry Concepts?
• Recurring ->Recurring Entries can exists over many Payroll periods
• Non-Recurring -> Non-Recurring Entries are valid for single Payroll period only.
• What are the types of Element Entry?
• There are 4 types
• Normal Entry
• Override Entry
• Additional Entry
• Adjustment Entry
• Additive Adjustment
• Replacement Adjustment
• Balance Adjustment
• How can we add a new input value to an existing Element?
• We can add an additional input values to an existing Element if the element has not been processed in a Payroll run and the Effective data is the same date of creation of the Element.
• What is Salary Basis ?
• Salary basis is the duration on which the salary is reckoned. It is a rule to administer pay.
• Define Quick Pay and Batch Processing?
• When calculating pay, we can use either Quick Pay or Batch Process.
• Quick Pay Process-->This is for one employee
• Batch Process --> This is for all employees together
• What is Quick Pay/ Advance Pay/ Retro Pay?
• QuickPay: 
• QuickPay enables you to carry out payroll processing for individual employees. 
• You can use QuickPay to pay employees who are leaving and who require payment immediately.
• If an employee asks what their net pay will be this month, you can run QuickPay to find the answer, then roll it back to remove all results from the database.
• Advance Pay:
• The Advance Pay process enables you to pay employees in advance for holidays or other events. 
• The process performs payroll runs for the periods to be advanced, using all date effective information in place, and stores the final net figure as the amount to be advanced. 
• Retro Pay:
• Payment for any previous cycle in the current payroll run
• Define Batch Element Entry?
• This is an open interface specially designed for elements. 
• With BEE we can quickly incorporate mass updates in any specific elements.