peachtree-software peachtree complete accounting 7.0 Guía De Instalación Rápida
Lesson VI—Payroll
Analyzing Employee Earnings
143
Analyzing Employee Earnings
At the end of a period, quarter, or year, typically you need to examine the
accrued employee earnings. You may need to track certain payroll fields for
one reason or another. These reports also detail what is printed on your 941
forms as well as W-2s.
accrued employee earnings. You may need to track certain payroll fields for
one reason or another. These reports also detail what is printed on your 941
forms as well as W-2s.
1
From the Reports menu, select Payroll.
2
Scroll down and double-click the Quarterly Earnings report. Peachtree
displays the Quarterly Earnings report.
displays the Quarterly Earnings report.
Scroll down and notice that every payroll transaction is included for
each employee for the quarter and broken down by each payroll field.
There are subtotals for the quarter as well as year-to-date totals. If you
scroll to the very bottom, there are company totals for each payroll field.
each employee for the quarter and broken down by each payroll field.
There are subtotals for the quarter as well as year-to-date totals. If you
scroll to the very bottom, there are company totals for each payroll field.
Also, this report has the drill-down feature, shown by the blue outline
that appears when you click a transaction.
that appears when you click a transaction.
We want to see the employee totals in a summary format, rather than
listing every transaction.
listing every transaction.
3
Select the Options button. The Filter window appears.
4
Select the Show Totals Only check box, and then select OK. The report
reformats and shows a summarized version of the Quarterly Earnings
report.
reformats and shows a summarized version of the Quarterly Earnings
report.
When any report is displayed onscreen, you can select the Options
button to modify the filter or layout.
button to modify the filter or layout.
5
Select
q twice to close the report windows.
Review of Lesson VI
Let’s review some of the things we learned in this lesson:
•
Payroll fields are holding areas within each employee record for any
accumulating amount, dollars or otherwise, that should be updated
by payroll processing.
accumulating amount, dollars or otherwise, that should be updated
by payroll processing.
•
Once you establish Default Information and employee pay records,
regular paychecks calculate automatically based upon frequency, rate
of pay, valid deductions, and their corresponding tax tables.
regular paychecks calculate automatically based upon frequency, rate
of pay, valid deductions, and their corresponding tax tables.
•
Adjusted gross is the gross pay plus any amounts you must add for
tax purposes (such as restaurant tips), minus any amounts you must
deduct for tax purposes (such as 401(k) contributions).
tax purposes (such as restaurant tips), minus any amounts you must
deduct for tax purposes (such as 401(k) contributions).