Intoduction to payroll

Introduction to Payroll Accounting

It's a fact of business - if a company has employees, it has to account for payroll and fringe benefits.

We provide solutions for Payroll, fringe benefits, and the Payroll-related accounts that a typical company will report on in its income statement and balance sheet. Payroll and benefits include items such as:

  • salaries
  • wages
  • bonuses and commissions to employees
  • overtime pay
  • payroll taxes and costs
    • social security
    • medicare
    • income tax
    • worker compensation insurance
  • employer paid benefits
    • holidays
    • vacations
    • sick days
    • insurance (health, dental, vision, life, disability)
    • retirement plans

 

Last modified on Tuesday, 26 April 2016 07:09
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About us

  • As Registered Accountants and Auditors with SAIPA, SAICA, SAIT and SAAA we will be able to assist any business in an array of accounting, bookkeeping, tax and advisory etc. services.

    No business will be able to survive without proper planning, basic understanding of the law, taxes and financial management.

    As not all business-owners have the time or knowledge to give attention to these details our team of qualified accountants and registered auditors will be able to give you outstanding, professional services at affordable rates with personal attention.

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