Payroll Accounting Theme

Accounting Theme 1 - Payroll Accounting


By: Dr. Nabil Chaiban


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Across

  1. All the types of payments an employee earns.
  2. The process of compensating employees.
  3. Check issued to employee for working.
  4. A legal process that requires employers to withhold a specified amount of money from an employee’s paycheck and remit it to a third party.
  5. The amount an employee takes home after taxes and other payroll deductions.
  6. The document showing how the paycheck was calculated by breaking down the number of hours worked, pay rates, and payroll deductions subtracted from gross pay.
  7. How frequently a business runs payroll.
  8. The money an employer keeps, or withholds, from an employee’s paycheck to remit for paying government income taxes.

Down

  1. The employee’s wages that remain after all normal deductions and taxes are taken out. This is also known as net pay.
  2. A delayed payroll process where the business only pays employees once the pay period has ended, not before.
  3. Employee payments made to influence employee behavior or reward meeting specific goals.
  4. The total amount an employee earns before payroll deductions.
  5. A document showing the number of hours an employee worked within a pay period.
  6. The employee's earnings from which an employer must withhold taxes.
  7. The cost of having employees.
  8. Amounts taken from the employee’s paycheck (not to be confused with taxes). These can be voluntary amounts that the employee chooses, such as health insurance premiums, retirement plan contributions, and miscellaneous.
  9. mounts that are not considered part of the taxable compensation.