LESSON 12-3 Preparing Payroll Records

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Presentation transcript:

LESSON 12-3 Preparing Payroll Records 12/1/2018 LESSON 12-3 Preparing Payroll Records

Preparing Payroll Records Payroll register- business form used to record payroll information Summarizes payroll for one period Shows total earnings, withholdings, and net pay for all employees Use application three to practice Complete the register

Employees Earnings Records Form used to record details affecting payments made to an employee Show example p. 353 Use application 4 to practice Emphasize/ Explain Accumulated Earnings

EMPLOYEE EARNINGS RECORDS page 353 1. Last day of quarter 4 2. Employee personal data 5 3. Beginning accumulated earnings 1 2 4. Pay period 3 5. Earnings, deductions, net pay 6 6. Updated accumulated earnings 7 7. Total and prove LESSON 12-3

TERMS REVIEW payroll register net pay employee earnings record page 355 payroll register net pay employee earnings record LESSON 12-3