Page 296 - Accounting Information Systems

CHAPTE R 6 The Expenditure Cycle Part II: Payroll Processing and Fixed Asset Procedures 267

General Ledger Journal Voucher File

JV Posting Detail Approved Journal Voucher

Update General Ledger

Labor Distribution Summary Disbursement Voucher Amount, Due Date, Check Number Voucher Register Journal Voucher

PROCEDURES Work in Process Employee (Payroll) Records Prepare Account Payable Check Register

PAYROLL Hours, Rate, Job Number Voucher Packet, Check Copy Amount, Date

OF Hours, Rate, Withholdings Payroll Register Prepare Cash Disbursement
DIAGRAM Update WIP Account Prepare Payroll Voucher Packet

FLOW Employee Paychecks Distribute Paycheck Payroll Check

DATA Job Ticket Time Card Personnel Action Employee Paychecks Employee Paychecks

E Bank
R 6-1 Production Department Department Employee
U Personnel
G
FI