Keeping records of company transactions is a must for any business, especially in the area of payroll. The payroll record book is necessary for maintaining records of total earnings, deductions and net pay of all employees. With a concise listing in all these areas, the payroll record book provides the reassurance that at anytime the situation warrants it, the records can be produced, whether it be an employee asking for verification of pay or an auditor checking for accurate bookkeeping.
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