1. $ $ $ $ Section 3 Payroll Records What You’ll Learn Chapter 12
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. $ $

2. $ $ $ $ Why It’s Important Key Terms Chapter 12 payroll register
Section 3 Payroll Records (cont'd.)
Chapter 12 $
Why It’s Important
To comply with federal and state laws, payroll records must be kept accurately. $
Key Terms
payroll register
net pay
direct deposit
employee’s earnings record
accumulated earnings $ $

3. $ $ $ $ Preparing the Payroll Register Chapter 12
Section 3 Payroll Records (cont'd.)
Chapter 12 $
Preparing the Payroll Register
The payroll register is a form that summarizes information about employees’ earnings for each pay period. $ $ $

4. $ $ $ $ Preparing Payroll Checks Chapter 12
Section 3 Payroll Records (cont'd.)
Chapter 12 $
Preparing Payroll Checks
The payroll register is the source of information for preparing the payroll checks. $ $ $

5. $ $ $ $ The Employee’s Earnings Record Chapter 12
Section 3 Payroll Records (cont'd.)
Chapter 12 $
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. $ $ $

6. $ $ $ $ The Employee’s Earnings Record (cont'd.) Chapter 12
Section 3 Payroll Records (cont'd.)
Chapter 12 $
The Employee’s Earnings Record (cont'd.)
This amount was carried forward from the previous quarter’s record. $ $ $
This amount will be carried forward
to the next quarter’s record.

7. $ $ $ $ Check Your Understanding Chapter 12
Section 3 Payroll Records (cont'd.)
Chapter 12 $
Check Your Understanding $
What is the difference between a payroll register and an employee’s earnings record? $ $