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Payroll Register Definition

May 13, 2015

treehouseadmin

Term Definition
A report that summarizes payroll information. A payroll register is a hard copy or electronic spreadsheet listing important employee payroll information for specific payroll periods.
Extended Definition
A payroll register helps employers keep track of employee payroll information conveniently. It basically provides a summary of payroll data, serving as a reference, record and a tool to assist with a number of payroll tax-related tasks. These include submitting payroll tax deposits and tax reports to the IRS (Form 941) every quarter, and providing yearly tax and wage reports to employees and the SSA (Social Security Administration). A payroll register can be in the form of hard copies or electronic documents or a feature of a payroll software program. It is structured in a way that allows easy access and understanding of data. Some of the information listed by a payroll (for each payroll period) includes total gross pay, total deductions and total net pay.
Related Blog Article:
What is a Payroll Register?

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