It's a fact of business–if a company has employees, it has to account for payroll and fringe benefits.

In payroll accounting we provide for payroll, fringe benefits, and the payroll-related accounts that a typical company will report on its income statement and balance sheet. Payroll and benefits include items such as:

Salaries

Wages

Bonuses & commissions to employees

Overtime Pay

Payroll taxes and costs

Social Security

Medicare

Federal Income Tax

State Income Tax

State Unemployment Tax

Federal Unemployment Tx

Worker Compensation Insurance

Gratuity

Employer Paid Benefits

Holidays

Vacations

Sick Days

Insurance (health, dental, vision, life, disability)

Retirement Plans

Profit Sharing Plans

Many of these items are subject to state and federal laws; some involve labor contracts or company policies in which we have expertise