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Good morning Monday, May 7, 2012

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Presentation on theme: "Good morning Monday, May 7, 2012"— Presentation transcript:

1 Good morning Monday, May 7, 2012
Moment of silence/Pledge/Announcements Chapter 12: Preparing Payroll Records

2 LESSON 12-3 Preparing Payroll Records and Payroll Checks
4/24/2017 LESSON 12-3 and LESSON 12-4 Preparing Payroll Records and Payroll Checks

3 PAYROLL REGISTER 1. Pay period date
page 351 1 2 11 4 5 6 7 8 9 10 3 13 12 1. Pay period date 8. Health insurance premium deductions 2. Payment date 9. Other employee payroll deductions 3. Employee personal data 10. Total deductions 4. Earnings 11. Net pay 5. Federal income tax withheld 12. Total, prove, and rule 6. Social security tax withheld 13. Check number 7. Medicare tax withheld LESSON 12-3

4 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

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

6 LESSON 12-4 Preparing Payroll Checks
4/24/2017 LESSON 12-4 Preparing Payroll Checks

7 PAYROLL BANK ACCOUNT 1 2 1. Prepare the check stub.
page 356 1 2 1. Prepare the check stub. 2. Prepare the check. LESSON 12-4

8 EMPLOYEE’S PAYROLL CHECK
page 357 1 2 1. Prepare the check stub of each employee’s payroll check. 2. Prepare each employee’s payroll check. LESSON 12-4

9 On Aplia: Complete 12-3 and 12-4
LESSON 12-1 4/24/2017 ASSIGNMENT 12-3 and 12-4 Work Together Packet Show to Mrs. Hochstein On Aplia: Complete 12-3 and 12-4 On Your Own: GRADED LESSON 12-1


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