Which step comes after "Start Payroll" in the Payroll process?

In the Payroll process, after the "Start Payroll" step, the next step is "Release Payroll." This step is crucial because it signifies the official transition from the preparation phase of the payroll to the execution phase. Once payroll has started, it needs to be validated and the necessary calculations must be performed based on the data collected. By releasing payroll, the system processes the data and prepares to generate the actual payroll outputs, such as paychecks and payroll reports.

The release step ensures that any pending tasks such as data corrections or reviews are adequately handled before proceeding. It reflects a commitment to finalize the payroll process and ensures all legal and organizational compliance aspects are met, leading to a well-organized payroll run. This step is essential because it kicks off the activities leading to further payroll processing actions, including reviewing and finalizing.

The other steps, like reviewing or finalizing payroll, come after the release, as they involve checks and confirmations after the initial calculation and processing have occurred. Therefore, understanding the sequence of steps in the payroll process is key for effective payroll management.