Organizational-legal and accounting-analytical aspects of payroll

Abstract

Purpose. To establish directions for improving the organizational, legal, and accounting and analytical aspects of payroll, the state of legal support of the payroll organization. To identify gaps in the legal framework; develop directions for its change. To offer recommendations regarding improvement of payroll accounting organization, increasing incentive function of wages, areas of reorganization of analytical payroll accounting. Methodology. General scientific and special methods of knowledge are used: statistical analysis – to substantiate the inadequacy of institutional legal instruments for operational regulation of payroll accounting; comparison – to expand the use of local law; analysis and synthesis – to identify the reduction of the motivational function of the payroll accounting; induction and deduction – to develop stimulating payroll accounting, changing the salary structure, increasing differentiation in wages; critical analysis – to improve the analytical accounting model; formal and legal methods – to propose a change in legislative norms. Findings. There is a well-founded need for operational reorganization of payroll accounting. For the legal support of operational reorganization, it is proposed to expand the use of local law. Improvements to the analytical accounting model for simplifying data processing, implementation of detailing of payroll accounts, grouping of data by types and forms of payroll are proposed. The approach of reorganizing payroll accounting by changing the shares of the components in the salary structure, ensuring the possibility of normalization and standardization, and expanding the premium form of payroll accounting is proposed. Originality. It is indicated that there are such functions of local law as adaptability, efficiency, providing the opportunity to expand the scope of analytical accounting. The importance of implementing the principle of transparency of payroll accounting to ensure production efficiency is indicated. Changes to the legislation of Ukraine regarding: premium payments, peculiarities of accounting with tying wages to foreign currency, legal definition of in-kind payment are proposed. Practical value. The proposed changes to the legislation of Ukraine, proposals for the expansion of analytical accounting will expand the possibilities of payroll accounting, improve the motivation of employees, and increase the efficiency of production.