Page 294 - Essentials of Payroll: Management and Accounting

Index

401(k) plan Stock options, 161–165
Description, 152 Stock purchase plans, 165–166
Employee entry into, 90 Workers’ compensation, 166–167
Linkage to payroll system, 91–92 Best practices, 74–106
403(b) plan, 153 Business cards, 91
Business expense reimbursement,
117–118
A
ABC test, 259–260
Achievement awards, 120 C
Address change notification, 90–91 Cafeteria plans, 138–141
Alien payroll taxes, 186 Cash
Alternative minimum tax, 163 Balance plan, 154
Applicable federal rate, 126 Payments, 228–232
Application for employer identifica- Charitable contributions, deductions
tion number, 186–190 for, 206–208
Asset purchases, deductions for, 206 Check
Auditing, internal, 43 Address comparison, 68
Automated Clearing House, 234 Issuance, 67
Mutilation, 64
Payments, 232–233
B
Backflushing, 33–34 Security features, 63
Stock, 12
Back pay, 117
Storage, 63
Bank reconciliations, 64
Uncashed, 12, 65
Benefit ratio method, 261
Child support
Benefit wage ratio method, 261
Administrative fees, 211
Benefits
Deductions for, 208–212
Cafeteria plans, 138–141
Clock, see Time clock
Insurance, 142–146
Club membership, 118–119
Leaves of absence, 146-149
COBRA, 143-145
Pension plans, 150-156
Commission payments, 98–99,
Personal retirement accounts,
156–160 114–115
Contractor definition, 108, 170
Sick/disability pay, 160–161
267