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Chapter 12 - Preparing Payroll Records

Chapter 12 - Preparing Payroll Records

Author: Bill Yedinak
Description:

Complete a payroll by making the necessary tax calculations and then filling in the necessary records.

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Tutorial

Time Cards

In the following video, you will shown a simple time card and how to manually fill it out.  

Time Cards Video

Application Problem 12-1

Now go ahead and complete P. 315 of your accounting handout.  The directions are found on (12-1) P. 360 of your text.

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Payroll Register

In the following video, you will see how to fill out a company's payroll register which includes tax calculations, other deductions, and net pay.  The directions are found (12-3) P. 360 of your text.

Payroll Register Video

Application Problem 12-3

Complete the payroll register which is found on P. 317.  The directions are found on (12-3) P. 360 of your text.  NOTE:  You must use the tax charts found in your book on P. 347-48 for Federal Income Tax.

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Earnings Record for the Quarter

The video will guide you through preparation of an earnings record for an employee.  This is done once the payroll register is complete.

Earnings Record Video

Application Problem 12-4

You will find this form on P. 318 of your handout.  The directions are found on (12-4) P. 360-61 of your text.

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