SOP Templates > Carpentry > Finance & Accounting > Payroll Processing

Payroll Processing for Carpentry

The Payroll Processing workflow helps carpentry contractors maintain accurate and compliant employee payments. It covers verifying hours, applying wage rates, approving overtime, and deducting benefits or taxes. Managers process paychecks, record transactions, and generate payroll reports for financial tracking. By standardizing payroll, carpentry companies reduce errors, strengthen compliance, and protect profitability. Clients benefit from reliable, fairly compensated crews who deliver consistent results. Teams gain accountability with documented payroll practices. With this workflow in place, carpentry contractors can strengthen professionalism, improve efficiency, and deliver projects more reliably with a solid financial foundation.

Confirm all approved timecards have been received by the deadline

Review timecards for accuracy (regular time, overtime, PTO, holidays)

Enter or import hours into payroll software or system

Verify employee wage rates, tax withholdings, and deductions

Calculate gross pay, deductions, and net pay for each employee

Review payroll summary for errors or red flags

Get final payroll approval from designated manager or owner

Process payroll via direct deposit or paper checks

Generate and distribute pay stubs to employees

Submit tax withholdings, garnishments, and benefits contributions

Update payroll records in HR or accounting systems

Respond to employee questions or corrections promptly

File payroll reports and maintain compliance documentation

Schedule reminders for next payroll cycle and tax deadlines