Paying the Payroll Liabilities: Tax Office, Social Fund & Pension Fund
This lesson is part of the course
In this lesson
You work out the due date, pay the three payroll liabilities in June and prove that the cash paid for May equals the total employer cost.
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Lessons in this course
- Gross Pay: Salary, Hourly, Overtime & Commission Locked
- Deductions & Net Pay: Pension, Withholding & Social Contributions Locked
- Employer On-Costs & the Total Cost of an Employee Locked
- The Payroll Register: Totals, Cross-Foot Checks & Error Flags Locked
- Payroll Journal Entries: Expense, Liabilities & Cash Locked
- Paying the Payroll Liabilities: Tax Office, Social Fund & Pension Fund Locked
- Month-End Accruals: Unpaid Wages & Holiday Pay Locked
- Payroll Reconciliation: Register vs Ledger vs Bank Locked