Slary
sheet is the form that we inform the finance department about the number ofdayss which employees are absent or present on leave.
Payroll is a kind of form that we record and show the payment .
no
The journal entries for salary payments are (Dr = debit, Cr = credit): Dr Salary Expense (P&L) - Gross Salary Cr Expense Deduction A/c (Bal Sheet) - Salary Deductions Cr Cash (Bal Sheet) - Net Salary paid to employee Then when the salary deductions are paid over, usually the following month the entries are: Dr Expense Deduction A/c (Bal Sheet) - Salary Deductions Cr Cash (Bal Sheet) - Salary Deductions
Drawing office salary what treatment in cost sheet
it's used by a manufacturer to record what is not possible to be recorded on the job cost sheet. Such as indirect labor, indirect material, payroll taxes, depreciation,.. and so on.
Payroll liability refers to the legal obligations a company has to pay its employees and the associated payroll taxes. This includes wages, salaries, bonuses, and withheld amounts like income tax, Social Security, and Medicare contributions. Payroll liabilities are recorded as current liabilities on a company's balance sheet until they are paid. Proper management of these liabilities is crucial for maintaining compliance with tax laws and ensuring accurate financial reporting.
no
Attendance system will give report in Excel sheet ,CSV,TXT which will contain employee name ,employee id then present day absent days and leave cart . Same file can be import in Payroll application and can generate salary with in second.
Payroll expenses account goes to Profit & Loss account while Payroll payable is a Balance Sheet Liability item... Journal entry:Payroll Expense Account - DR ...........(P&L)Payroll Payable Account - CR ............(B/S)
salary sheet
The journal entries for salary payments are (Dr = debit, Cr = credit): Dr Salary Expense (P&L) - Gross Salary Cr Expense Deduction A/c (Bal Sheet) - Salary Deductions Cr Cash (Bal Sheet) - Net Salary paid to employee Then when the salary deductions are paid over, usually the following month the entries are: Dr Expense Deduction A/c (Bal Sheet) - Salary Deductions Cr Cash (Bal Sheet) - Salary Deductions
FlexiTime offers many different advantages for managing their payroll system. They use computerised time sheets which improve accuracy. They are able to reduce mistakes by paying the staff for the hours that were entered into the online time sheet.
wo
Consolidated balance sheet shows the record of full group of companies while simple balance sheet shows the record of single company.
Those are different names for the same thing.
Drawing office salary what treatment in cost sheet
It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.It is the tab on the current sheet on your workbook. It will be in a different colour than all the other sheet tabs.
it's used by a manufacturer to record what is not possible to be recorded on the job cost sheet. Such as indirect labor, indirect material, payroll taxes, depreciation,.. and so on.