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Payroll register:
Payroll register is the report which includes several information related to payroll like, the employee’s name, employee number, employee’s social security number, gross pay, tax withholdings, payroll deductions, net pay, employer contribution towards social security, regular or overtime hours worked and overtime pay.
When a periodic payroll is run, the accountant uses the preliminary version of payroll register to ensure that payments have been processed correctly. In case of errors, the payroll is run again to examine for further errors. A manager reviews and approves the final payroll register before the final payments are made to employees.
To determine:
The ways a business might use a payroll register
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Chapter 11 Solutions
Horngren's Accounting
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education
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