Payroll for Pay Period

NOTE: Before running Payroll Processing you must set up parameters in the Payroll Parameters form.

Payroll allows the following functions to be performed:

Generation of payroll transactions from both Posted Job Transactions and records entered onto the Payroll Hours form.
Updates to and addition of payroll transactions via the Payroll Log Hours for Pay Period form.
Computation of taxes, withholdings, deductions, net pay, and Medicare amounts for each payroll transaction based upon the Employees and Payroll Parameters files.
Manual distribution of the payroll to various wage accounts.
Printing of the checks and check register.
Posting of the payroll transactions to the Employees file, General Ledger Journal, and the Posted Payroll Transactions.