Payroll discrepancies costing businesses millions

Payroll discrepancies costing businesses millions

You’ve heard it before: Doing your own bookkeeping, payroll and accounting can result in costly mistakes.

For The University of Newcastle, payroll mistakes have cost $6 million in errors over a six-year period. These errors were results of the mismanagement of “overtime, span of hours, minimum engagement and meal allowance provisions.” Read more

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