Page 195 - Essentials of Payroll: Management and Accounting

ESSENTIALS of Payr oll: Management and Accounting
Summary
The payroll manager is required to have an increasingly in-depth knowl-
edge of the rules associated with a wide range of benefits, partially
because they impact record-keeping, withholding, and tax reporting

issues,and partially because the payroll department is generally perceived
to be similar to the human resources department, hence may be asked
detailed questions about many of these topics by employees. Conse-
quently,it behooves the payroll staff to obtain a high degree of knowledge
of benefits-related issues.

Endnotes

1. This section is reprinted with permission from Steven Bragg,
Accounting Reference Desktop (New York: John Wiley & Sons,
Inc., 2002), 521.

2. Ibid., 532–537.
3. Ibid., 540–542.

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