Essentials of Payroll by Steven Bragg

As the title implies, this book covers the essential topics that an accountant needs to operate the payroll function and properly account for payroll transactions.  I have sprinkled operational improvement comments throughout the text in boxes called "Tips & Techniques," as well as real-life stories about how companies dealt with specific payroll problems.  Given the size constraints of this lower-cost book format, I withheld a few chapters, which are included in the more comprehensive Accounting for Payroll book.


Content

  • System creation
  • Time tracking
  • Procedures and controls
  • Payroll best practices
  • Compensation
  • Benefits
  • Taxes and remittances
  • Payroll deductions
  • Paying employees
  • Unemployment insurance

Related Books

Accounting for Payroll Just-in-Time Accounting
Accounting Policies and Procedures Payroll Best Practices

Reviews

Steven has done it again.  Payroll seems and is complicated to the average executive who is the decision-maker.  In the past, there has not been a source for understanding the technical and practical applications of payroll. Essentials of Payroll covers each area of payroll from the initial forms in the employee file to details about payment options, deposits, and problems such as termination, manual checks, and integration with general ledger.  I think this should be required reading for those executives who supervise personnel and payroll functions. -- Gail Sevier, Manager of Marrs Sevier & Company LLC

Creating effective procedures, maintaining policies, and streamlining operations are more important now than ever before.  This is an excellent reference and useful guide for professionals who manage payroll, compensation, and related benefit issues. -- Clint Davies, Partner at Berry, Dunn, McNeil & Parker