Payroll register

In accounting, payroll register means the record of one payroll run, a row per employee: gross payPayrollGross payWhat an employee earned for the pay period before anything is withheld — salary, or hours times rate, plus overtime, bonuses and commissions. Payroll expense in the books is the gross, not what reached the bank, each withholding, net payPayrollNet payGross pay less every withholding — income taxes, the employee's Social Security and Medicare, benefit deductions — and so what reaches the employee's bank. Always the remainder, never a separately computed figure and the employer's taxes, footed. The subledgerCore ledgerSubledgerThe detail, by customer, vendor or asset, whose total must equal its control account in the GL the payroll journalFoundationsJournalThe chronological record of entries, before they are summarized by account entries summarize, and what each Form 941PayrollForm 941The quarterly return of wages paid, federal income tax withheld and both halves of Social Security and Medicare tax, reconciled to the quarter's deposits. Due April 30, July 31, October 31 and January 31 — ten days later if every deposit was on time is reconciledCashReconciledMatched to a bank statement line to.