The Payroll Setup Checklist is a comprehensive list of the steps necessary to establish a payroll system in a business. It includes steps such as setting up a payroll account, obtaining payroll tax forms, registering with the IRS, setting up direct deposit, creating employee records, and more. The checklist also covers important topics such as employee withholding, taxes, and benefits. An organized checklist is essential to ensure that all steps are taken to set up a successful payroll system. It is an important tool for businesses to ensure that payroll is properly managed and that all employees are paid accurately and on time.