Accounting for Payroll

A one-stop resource for setting up or improving an existing payroll system! The most comprehensive resource available on the subject, Accounting for Payroll: A Comprehensive Guide provides up-to-date information to enable users to handle payroll accounting in the most cost-effective manner. From creating a system from scratch to setting up a payroll department to record-keeping and journal entries, Accounting for Payroll provides the most authoritative information on the entire payroll process. Ideal for anyone new to the payroll system or as a skill-honing tool for those already immersed in the field, this hands-on reference provides step-by-step instructions for setting up a well-organized payroll system or improving an existing one.

Preface xiii About the Author xvii Chapter 1 Creating a Payroll System 1 Chapter 2 Accumulating Time Worked 19 Chapter 3 Payroll Procedures and Controls 33 Chapter 4 Payroll Best Practices 49 Chapter 5 Payroll Measurements and Internal Reports 73 Chapter 6 Compensation 89 Chapter 7 Payroll Deductions 111 Chapter 8 Payroll Taxes and Remittances 125 Chapter 9 Benefits 149 Chapter 10 Payments to Employees 171 Chapter 11 Unemployment Insurance 181 Chapter 12 Payroll Recordkeeping 197 Chapter 13 Payroll Journal Entries 203 Chapter 14 Payroll-Related Laws 215 Chapter 15 Outsourcing Payroll 227 Chapter 16 International Payroll Issues 237 Chapter 17 Setting Up the Payroll Department 251 Chapter 18 Government Payroll Publications and Forms 263 Appendix A Sources of Payroll Information 269 Appendix B Dictionary of Payroll Terms 271 Index 279