

The Payroll Process (Paperback)
Key item features
Specs
- Book formatPaperback
- Fiction/nonfictionNon-Fiction
- GenreBusiness & Investing
- Publication dateApril, 2024
- Pages384
- Edition2024
How do you want your item?
About this item
Product details
The Payroll Process, 2024 edition updates and adds new content to the popular prior edition. Uniquely, the book provides step-by-step coverage for both the Department of Labor's FLSA rules and calculations as well as the many IRS compliance requirements. The broad scope of the process, with clear explanations, numerous examples, practical advice, and references for further study address the variety of user needs.
For those wanting to achieve Certified Payroll PractitionerÔ status, there are multiple practice exams containing over 500 questions, each question with its solution and page reference to the explanation and examples in the book.
Payroll staff, HR staff, managers, owners, start-ups, and interested professionals can follow a mapping of all process steps with procedures and compliance explained clearly in each step. For employees, the discussion of employee rights and benefits will be of vital interest. Instructors and students will appreciate the clear explanations, many examples, and scope of topics.
Content Summary:
Employment law and methods: Searching and hiring; initial documentation; eligibility verification; employer misrepresentation and negligence; at-will employment; employee vs. independent contractor and related penalties; the ABC test; employee rights compliance; fair employment laws; monitoring and updating employment status; hiring and termination checklists; joint employers; payroll department systems and management guidelines; outsourcing pros and cons; using a staffing agency.
Gross wages and withholding: The Fair Labor Standards Act; minimum wage rules and calculations; conversions to required weekly periods; overtime principles and proper calculation examples - hourly non-exempt, salaried non-exempt, exempt, commission employees, tipped employees, retail sales employees, piecework, hospital and residential care employees, comp. time, deferred pay, and other pay arrangements, including daily overtime states; selecting a payroll period; FICA withholding; income tax withholding methods; self-employment tax; FUTA and other employer payroll expenses.
Employee benefits Principles and overview; tax-exempt benefit types and limits; tax-deferred (retirement) benefit types and limits; managing benefits, ERISA.
Accounting / recording payroll: An accounting primer; the payroll register illustrated; journal entries - gross pay and related accounts; employer payroll tax expenses, benefits, end of period accruals, vacation pay, sick leave and PTO; employee earnings records; summary of account types used.
Making payments: Payments on accruals; reversing entries and payment; manual paychecks; deposits to taxing authorities; deposit penalty waiver; garnishment; "grossing up" payment types.
Forms, reports, and audits: Quarterly and annual reporting; summary and examples of common forms used; making corrections; IRS penalties; IRS penalty reduction options; DOL penalty reduction; preparing for and dealing with audits; reports to management.
Employment of non-U.S. persons and expats: General procedures; resident aliens; non-resident aliens; dual-status aliens; employer form filing requirements; undocumented workers.
Internal control protection for payroll: Summary; special considerations; internal control checklist.
CPP practice tests: Covers all sections.
Specifications
Book format
Fiction/nonfiction
Genre
Publication date
Warranty
Warranty information
Similar items you might like
Based on what customers bought
"27": How it's going so Far..., (Paperback) $14.99
$1499current price $14.99"27": How it's going so Far..., (Paperback)
Koljos, (Paperback) $23.98
$2398current price $23.98Koljos, (Paperback)
Pennillam, (Paperback) $15.99
$1599current price $15.99Pennillam, (Paperback)
Jergario de Mexicanismos, (Paperback) $20.83
$2083current price $20.83Jergario de Mexicanismos, (Paperback)
Paycheque To Invoices, (Paperback) $16.99
$1699current price $16.99Paycheque To Invoices, (Paperback)
Honours Physiography, (Paperback) $24.50
$2450current price $24.50Honours Physiography, (Paperback)
There's Only I in Team, (Paperback) $17.92
$1792current price $17.92There's Only I in Team, (Paperback)
Systems Of Buddhistic Thought, (Paperback) $24.95
$2495current price $24.95Systems Of Buddhistic Thought, (Paperback)
En Vaasikka Vendum, (Paperback) $13.99
$1399current price $13.99En Vaasikka Vendum, (Paperback)
Sciences Les Inscriptions de Thugga, (Paperback) $22.54
$2254current price $22.54Sciences Les Inscriptions de Thugga, (Paperback)
Researching Your Way to a Good Job, (Paperback) $21.91
$2191current price $21.91Researching Your Way to a Good Job, (Paperback)
Pre-Owned The 48 Laws of Power Paperback $11.21
$1121current price $11.21Pre-Owned The 48 Laws of Power Paperback
Corporate Skills (Paperback) $24.48 Was $28.50
$2448current price $24.48, Was $28.50$28.50Corporate Skills (Paperback)
Emergence Process, (Paperback) $9.99
$999current price $9.99Emergence Process, (Paperback)
Révolution personnaliste et communautaire, (Paperback) $18.74
$1874current price $18.74Révolution personnaliste et communautaire, (Paperback)
A Woman's Guide to Finding Joy in Your Job, (Paperback) $26.98
$2698current price $26.98A Woman's Guide to Finding Joy in Your Job, (Paperback)
Growing Up in Stearns County, (Paperback) $13.91
$1391current price $13.91Growing Up in Stearns County, (Paperback)
logica et philosophia interrogans, (Paperback) $9.98
$998current price $9.98logica et philosophia interrogans, (Paperback)
Customer ratings & reviews
Related pages
- Bid Forms
- General Taxation Books
- Virginium Property Tax Record
- Corporate Taxation Books
- Estate Tax
- Apartment Rent Tax
- Application Employment
- Small Business Taxation Books
- Payroll Security
- Accounting & Finance Books
- International Accounting Books
- Finance & Accounting in Nonprofit Organizations & Charities Books


