Payroll is the financial records of employee salaries including bonuses and deductions. Companies use payroll software to ensure that all employees get their accurately calculated wages, bonuses, or salaries on time. Payroll software has made easier to understand complex payroll systems operation. It facilitates the automation of calculation of wages or salaries based on the number of hours they work. It can also do necessary tax deductions to transfer net pay to the employee through cash, cheque, or credit transfer.