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Film 27 · Payroll
Payroll: Calculation & Accounting
For the payroll specialist · ~1:25 · From settings to the gross-to-net waterfall and a single journal entry
Manager
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a · Purpose
What does this film teach?
How a month of payroll is calculated step by step and how it reaches the ledger as one entry.
b · Data entry
What do you enter?
Payroll settings and tax brackets
Extra earnings and net deductions
Year and month of the run
c · Where it lands
Its effect
A payslip per employee, every step visible
One draft journal entry with five lines
Legal figures stay the user's responsibility
Next: Travel allowance (Film 28)