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Gross payroll refers to the total amount of money a company pays its employees before any deductions, such as taxes, benefits, or retirement contributions, are taken out. It includes wages, salaries, bonuses, and any other compensation for work performed. Essentially, gross payroll represents the total labor costs incurred by an employer for a specific pay period.
What else can I help you with?
What information is not found on the payroll register?
What information isnot found on the payroll register?A.Type of payroll used C. Gross salaryB.Number of exemptions claimed D. Pension Plan payments
What does the Payroll Management System deal with?
The Payroll Management System is a computer program that deals with issuing payroll slips to employees. They organize salary, gross pay, deductions and net pay.
What do you mean by payroll in personnel management?
What do you mean by payroll in personnel management?"
What does payroll mean?
Payroll is a list of employees and their salaries.
What is total amount earned by the employees in a pay period is called?
gross pay
What information is not found on the payroll register?
What information isnot found on the payroll register?A.Type of payroll used C. Gross salaryB.Number of exemptions claimed D. Pension Plan payments
What does the Payroll Management System deal with?
The Payroll Management System is a computer program that deals with issuing payroll slips to employees. They organize salary, gross pay, deductions and net pay.
What payroll taxes do you take out for a child support garnishment?
Payroll taxes are based on gross income, i.e., before deductions such as child support.
What do you mean by payroll in personnel management?
What do you mean by payroll in personnel management?"
What does payroll mean?
Payroll is a list of employees and their salaries.
What is total amount earned by the employees in a pay period is called?
gross pay
What percentage of gross profit in an optometrist office should go to payroll?
15 to 30%
What is the total payroll for the week the gross or net pay?
The total payroll for a week typically refers to the gross pay, which is the total amount earned by all employees before any deductions such as taxes, benefits, or retirement contributions. Net pay, on the other hand, is the amount employees take home after these deductions. Therefore, when discussing total payroll, it usually means the gross pay unless specified otherwise.
What is the jounal entry to after-the-fact payroll where all taxes have been paid?
Debit - Payroll (Wages) - for the amount of the total gross wages. Debit - Payroll Tax Expense - for the amount of the EMPLOYER taxes. Credit - Cash
How much does small business insurance coast?
It depends on the type of business you have and your gross receipts or payroll.
How many taxes should be taken out of your paycheck?
Social Security and medicare insurance amount of 7.65% will be withheld from your gross pay plus the other amount the employer payroll department will be required to withhold from your gross pay before they issue you your NET take home paycheck for the pay period. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.
Where is a good place to find a payroll calculator?
A good place to find a payroll calculator is on Intuit's payroll section of their website. Intuit has both a personal and business calculator in which both have a salary, hourly and net-to-gross paycheck calculator.
