Page 299 - Essentials of Payroll: Management and Accounting
P. 299

Time card                    Index
                                                                V
                                Collection, 2                   Vacation
                                Procedure, 51–52                  Accruals, 96–98
                                Verification, 2                   Tracking on honor system, 85–87
                              Time clock                        Vehicle, personal use of, 125–126
                                Best practice, 78–80            Veterans
                                Biometric, 80–81                  Check-off form, 17
                                Computerized, 31–32               VETS-100 form, 17
                                Manual, 10, 13, 30
                              Time tracking, 27–48
                                                                W
                              Tip income
                                                                Wage
                                Calculation of, 115–117
                                                                  Exemption guidelines, 108–109
                                Income tax return for, 130–131
                                                                  Minimum, 111
                              Transaction processing procedure,
                                   55–57                          Payment guidelines, 109–110
                                                                  Summarization of, 3
                              Travel time, reimbursement of, 127
                                                                Workers’ compensation, 166–167
                                                                Workweek
                              U                                   Definition of, 110–111
                              Unclaimed pay, 238–239
                              Unemployment tax
                                Contribution rate, 260–262
                                Decision steps for Form 940-EZ,
                                   246
                                Deposit forms, 245–254
                                Deposit schedule, 244
                                Federal, 242–243
                                State, 254–260
                                State wage bases, 256–259
                                Voluntary contributions, 262–263
                              Union dues, deduction of, 223


















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