Accounting-Entering Payroll Data with Journal Entries 2024

Overview

In this class, we will look at examples of how to enter payroll transactions into your accounting software using journal entries. We will cover how to record gross wages, employer tax expenses, deductions, and associated cash impacts. This class is suitable for accounting staff that either enter payroll transactions manually or want to understand how to record payroll so they can ensure their payroll company’s auto-generated journal entries are properly accounting for the entries.

Highlights

• Payroll accounting

Prerequisites

None

Designed For

Data entry clerks and accounting managers.

Objectives

• Identify the common components of payroll batches
• Determine accounting treatment for each component
• Recognize the stages of the payroll cycle in the accounting system

Preparation

None

Notice

This course is offered by a 3rd party vendor. Login instructions will not be accessible in the My CPE Tracker section of the ISCPA website. Login instructions will be emailed directly to you by California Education Foundation (CalCPA).