Date 1. Compute each employee's REGULAR and OVERTIME pay as well as GROSS PAY 2. Complete the PAYROLL REGISTER.EE, prepare JES (no Imprest account) 3. Compute ER PAYROLL TAXES, prepare JES including the payment of all taxes/deductions 4. Other: There are medical premiums of $40 per employee, the employee pays 1/2, the employer pays 1/2 Only Bob contributes 5% of his gross pay to a retirement plan. Only lo contributes $15 per week to charity Only Mat pays $5 per week for union dues. Overtime Regular Pay Pay This Week's Gross Pay Employee Bob Joe Mat Xen Withholding Employee Allowance Status Single Single Single Single NOO TIME SHEET Hours Hourly Worked Rate of Pay 42 50.00 48 24.00 40 20.00 41 16.00 Tax Liabilities Social Security Medicare FUTA SUTA X Rate 6.20% 1.45% 0.80% 1.75% Annual Ware Limit 106,800.00 None 7,000.00 7,000.00 Withholding Taxes Bob's FWT amount Other employee FWT SWT Use 208.00 Table p210 8% x FWT PAYROLL REGISTER, Weekly PPE 9/30/2009 FICA Income Tax Medicare FWT SWT Medical Gross Pay Soc Sec Retiremt Other Deductions Charity Union Net Pay Bob Joe Mat Previous YTD Pay 105,600.00 58,700.00 5,350.00 24,300.00 Xen EE Totals EMPLOYER TAXES Gross Pay FICA Medicare Soc Sec FUTA SUTA Medical Total Taxes Bob Joe Mat Xen Previous YTO Pay 105,600.00 58,700.00 5,350.00 24,300.00 ER Totals Date 1. Compute each employee's REGULAR and OVERTIME pay as well as GROSS PAY 2. Complete the PAYROLL REGISTER.EE, prepare JES (no Imprest account) 3. Compute ER PAYROLL TAXES, prepare JES including the payment of all taxes/deductions 4. Other: There are medical premiums of $40 per employee, the employee pays 1/2, the employer pays 1/2 Only Bob contributes 5% of his gross pay to a retirement plan. Only lo contributes $15 per week to charity Only Mat pays $5 per week for union dues. Overtime Regular Pay Pay This Week's Gross Pay Employee Bob Joe Mat Xen Withholding Employee Allowance Status Single Single Single Single NOO TIME SHEET Hours Hourly Worked Rate of Pay 42 50.00 48 24.00 40 20.00 41 16.00 Tax Liabilities Social Security Medicare FUTA SUTA X Rate 6.20% 1.45% 0.80% 1.75% Annual Ware Limit 106,800.00 None 7,000.00 7,000.00 Withholding Taxes Bob's FWT amount Other employee FWT SWT Use 208.00 Table p210 8% x FWT PAYROLL REGISTER, Weekly PPE 9/30/2009 FICA Income Tax Medicare FWT SWT Medical Gross Pay Soc Sec Retiremt Other Deductions Charity Union Net Pay Bob Joe Mat Previous YTD Pay 105,600.00 58,700.00 5,350.00 24,300.00 Xen EE Totals EMPLOYER TAXES Gross Pay FICA Medicare Soc Sec FUTA SUTA Medical Total Taxes Bob Joe Mat Xen Previous YTO Pay 105,600.00 58,700.00 5,350.00 24,300.00 ER Totals
