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What is the purpose of a payroll register?

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What is the purpose of a payroll register?

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Solution Summary

The solution lists the types of information which could be made part of payroll register. When properly done, such a register is a primary source for comprehensive payroll information.

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A payroll register serves several purposes:

1. It is a listing of checks written, like any other check book register.

2. It may show the calculations of straight time, overtime, double time, holiday, vacation, sick pay, commissions, and bonuses. In doing so, the register would provide accounting codes for a labor distribution in the accounting records.

3. Next it discloses the deductions from gross payroll to arrive at net payroll. The deductions could include FICA, Medicare, federal withholding, state withholding, city withholding, health insurance, payroll advances, union dues, 401(k) contributions, garnishments, and other deductions from gross pay.

4. When totaled, the ...

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