Theses are the numeric items you will find on your payroll report.
(terms may be different or abbreviated)
- Federal Unemployment tax = FUTA
- Social security and medicare tax = FICA
- State Unemployment tax = SUTA
Your accountant will use theses numbers for your bookkeeping. And your accountant knows what is a debit and what is a credit.
In the payroll form you can enter additional rows. For each company this is different.
You may add rows for example:
- Health insurance
- 401K contributions
You will see two fields. One is for description and the second is for amount
Some reports look like this:
When you call customer service "from your payroll provider" you can ask them about the totals you need.
OPTIONALLY: You can hire us to do this work for you. Payroll Report Analysis