Payroll Accounting Change Notification

Payroll Accounting Change Notification

To: All Employees

From: Accounting Department

Date: [Month Day, Year]

Subject: Notification of Changes in Payroll Accounting Procedures

Dear Team,

We are writing to inform you of some important changes to our payroll accounting procedures that will take effect from [Effective Date]. These changes are part of our ongoing efforts to improve the efficiency and accuracy of our payroll process.

1. Change in Payroll Schedule

Effective [Effective Date], our payroll schedule will be adjusted. Please see the new schedule below:

Payroll Period

Previous Payment Date

New Payment Date

1st - 15th of month

20th of the same month

18th of the same month

16th - End of month

5th of the following month

3rd of the following month

2. New Payroll Software Implementation

We are transitioning to a new payroll software system to enhance our payroll processing. The new system, [Software Name], will offer a more user-friendly interface and additional features such as online pay slip access and automated tax calculations.

3. Updated Overtime Calculation Method

Overtime calculations will now be based on a new method, effective from [Effective Date]. The new calculation will ensure a more accurate reflection of overtime hours worked.

4. Change in Payroll Contact

For any payroll inquiries, please note the new contact details:

  • Payroll Contact: [New Contact Person's Name]

  • Email: [Contact Email]

  • Phone: [Contact Phone Number]

Action Required:

  • Review the new payroll schedule and plan accordingly.

  • Familiarize yourself with the new payroll software via the training session scheduled on [Date].

  • For overtime work, follow the new reporting procedure outlined in the attached document.

We understand that these changes may require an adjustment period, and we appreciate your cooperation and understanding. Our goal is to streamline the payroll process for the benefit of all employees.

Should you have any questions or need further clarification, please do not hesitate to contact [Your Name] or the Accounting Department.

Thank you for your attention to this important matter.

Best Regards,

[Your Name]

Accounting Department

Accounting Templates @ Template.net