Table
of Contents
Chapter 1 - Payroll Management
Chapter 2 -
Definition of an Employee
Employee Withholding Liability
The Independent Contractor
Designation
Employees of Exempt Organizations
People in Business for Themselves
Chapter 3 - Employee
Time Tracking
Time Keeping Methods Usage Grid
Automated Time Tracking Reminders
Chapter 4 - Employee
Compensation
The Difference between Salaries
and Wages
Commissions Based on Cash
Receipts
Employee Business Expense
Reimbursements
Salaries Paid for Partial Periods
The Provider and Recipient of
Benefits
Cell Phones Provided by Employer
Workers’ Compensation Insurance
Rules for Withholding,
Depositing, and Reporting Benefits
Chapter 6 - Payroll
Deductions
Deductions for the Corporate
Benefits Package
Deductions for Payments to Third
Parties
Deductions for Financing
Repayments
Deduction Management by Employees
Average Estimated Wages Method
Earnings Not Subject to Payroll
Taxes
Employee Taxes Paid by the
Employer
Tax Deductions for the
Self-Employed Person
Payroll Taxes for a Successor
Employer
Payroll Taxes for Part-Time
Employees
Types of Tax Deposit Schedules
Federal Unemployment Deposit
Schedule
$100,000 Next-Day Deposit Rule
The Form 941 Quarterly Federal
Tax Return
Chapter 9 -
Unemployment Taxes
Responsibility for Unemployment
Tax Payments
Calculation of the State
Unemployment Tax Rate
Voluntary Unemployment
Contributions
Transferring an Unemployment
Experience Rating
Chapter 10 -
Payments to Employees
Flexible Spending Account Debit
Cards
Chapter 11 - Accounting
for Payroll
Where to Record Payroll
Transactions
Types of Payroll Journal Entries
Payroll Information in the
Financial Statements - Wages
Payroll Information in the
Financial Statements – Payroll Taxes
Corrections to Forms W-2 and W-3
Chapter 13 - Payroll
Recordkeeping
The Employer Identification
Number
Employment Eligibility
Verification
Chapter 14 - Payroll
Procedures
Forms: The Paycheck and
Remittance Advice
Procedure: Timecard Data
Collection
Procedure: Commission Calculation
Procedure: Issue Payments to
Employees
Chapter 16 - Payroll
Measurements
Payroll Entries to Headcount
Ratio
Payroll Transaction Error Rate
Outsourced Payroll Cost per
Employee
Annualized Compensation per
Employee
Net Benefits Cost per Employee
Chapter 17 - The
Outsourcing Option
Overview of Payroll Outsourcing
Reasons not to Outsource Payroll
The Outsourced Payroll Contract
The Transition to Payroll
Outsourcing
Terminating an Outsourcing
Arrangement
Appendix - Federal
Payroll Tax Calendar
Final
Examination ..................................................................................................................................280