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Example Payroll Report

27 July 2009 No Comment

Payroll Convention

In order to correctly show payroll costs in a profit and loss account we adopt the convention which requires Gross Pay and Employer’s National Insurance to be identified separately. Many software packages will allow this sort of summary to be printed and this particular example comes from IRIS:

libexamplepayrollreportfromiris

Every month when the PAYE remittances report is prepared, please also prepare a Company Totals report and include it with the book keeping records.

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Posted on 27 Jul 2009 by The Proactive Accountant Dot Com