Registration of payroll accounting
Payroll accounting is an important part of the accounting process, which is also effective in calculating the cost price. At the end of the year, the accountants are trying to close the accounts and calculate their salaries and other personnel of the collection. Today, we are going to review the example of payroll accounting registration once again.
In the calculation of salaries and wages, in addition to the fixed wages, other benefits will be given to the workforce. But the salary and benefits based on what conditions are given to a person is one of the common questions these days.
Salary expenses include:
Gross amount of monthly salary
overtime
The right of mission
Children’s rights
right to housing
The right to food or bin food
Annual basis
The cost of unemployment insurance
Employer’s share insurance
along with other benefits that companies pay for their employees. All these items are kept in the certain amount of salary and wages which is in the total cost account.
Some of these items are subject to tax and others are subject to insurance.
The following items are subject to insurance premium calculation:
salary
Fees and charges
The right to consultation
Cash benefits: super job, overtime, night work, shift work, hard work, food allowance, housing allowance, commuting allowance
Holiday pay. paid leave
Non-continuing rewards
Fixed superlatives and the like
Non-cash benefits such as food, clothing, etc.
And the following items are not included in the insurance premium:
Redemption of vacation days
The cost of family
Travel expenses and extra mission
Eid
Compensation for the difference in housing and food allowances during unemployment
milk right
The reward of the literacy movement
Security deposit (fund deduction)
Severance pay and termination benefits
Bonus for increased production
Registration of payroll accounting:
bad
Housing fee *
food allowance fee *
Basic annual fee *
Cost of unemployment insurance *
Insurance premium cost of the employer’s share *
enough
workforce *
Paid insurance *
Tax paid *
help *
The following example can be used to register salary payment accounting documents:
workforce *
Payable documents *
#Accounting registration
#Haqq and salary
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@hesab_asan2020
This post is written by sfhjhygfrhesabhaseb