Checking Accounts Prepare a deposit slip Record entries in a check register.
Section 3Payroll Records What You’ll Learn The purpose of a payroll register. How to prepare a...
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Section 3 Payroll Records What You’ll Learn The purpose of a payroll register. How to prepare a payroll register. How to prepare a payroll check. The purpose of an employee’s earnings record.
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Transcript of Section 3Payroll Records What You’ll Learn The purpose of a payroll register. How to prepare a...
Section 3Payroll Records
Section 3Payroll RecordsWhat You’ll Learn
The purpose of a payroll register.
How to prepare a payroll register.
How to prepare a payroll check.
The purpose of an employee’s earnings record.
How to prepare an employee’s earnings record.
What You’ll Learn
The purpose of a payroll register.
How to prepare a payroll register.
How to prepare a payroll check.
The purpose of an employee’s earnings record.
How to prepare an employee’s earnings record.
Why It’s Important
To comply with federal and state
laws, payroll records must be kept
accurately.
Why It’s Important
To comply with federal and state
laws, payroll records must be kept
accurately.
Section 3 Payroll Records (cont'd.)Section 3 Payroll Records (cont'd.)
Key Terms payroll register
net pay
direct deposit
employee’s earnings record
accumulated earnings
Key Terms payroll register
net pay
direct deposit
employee’s earnings record
accumulated earnings
Preparing the Payroll Register
The payroll register is a form that summarizes information about employees’ earnings for each pay period.
Preparing the Payroll Register
The payroll register is a form that summarizes information about employees’ earnings for each pay period.
Section 3 Payroll Records (cont'd.)Section 3 Payroll Records (cont'd.)
Preparing Payroll Checks
The payroll register is the source of information for preparing the payroll checks.
Preparing Payroll Checks
The payroll register is the source of information for preparing the payroll checks.
Section 3 Payroll Records (cont'd.)Section 3 Payroll Records (cont'd.)
The Employee’s Earnings Record
An employer must keep an
employee’s earnings record. This
record contains all of the payroll
information related to an
employee.
The Employee’s Earnings Record
An employer must keep an
employee’s earnings record. This
record contains all of the payroll
information related to an
employee.
Section 3 Payroll Records (cont'd.)Section 3 Payroll Records (cont'd.)
The Employee’s Earnings Record (cont'd.)The Employee’s Earnings Record (cont'd.)
Section 3 Payroll Records (cont'd.)Section 3 Payroll Records (cont'd.)
This amount was carried forward from the previous quarter’s record.
This amount was carried forward from the previous quarter’s record.
This amount will be carried forward to the next quarter’s record.
This amount will be carried forward to the next quarter’s record.
Check Your UnderstandingCheck Your Understanding
What is the difference
between a payroll register and
an employee’s earnings record?
What is the difference
between a payroll register and
an employee’s earnings record?
Section 3 Payroll Records (cont'd.)Section 3 Payroll Records (cont'd.)
