(Optional) Prepare payroll records.
Preparation of records should include
- identifying industry software used to automate the payroll process
- outlining physical and electronic procedures for submitting federal and state taxes
- calculating gross earnings (e.g., salary, hourly rate, commission, per diem, tips)
- calculating, maintaining, and updating payroll withholdings, Social Security and Medicare deductions, other deductions, and net earnings
- completing the employer's quarterly and annual federal and state tax returns, which includes the calculations for employee and employer taxes
- maintaining payroll register and individual earnings record
- maintaining confidentiality
- keeping records on all leave earned and used
- preparing an accurate overview of pre- and post-tax deductions and contributions from an employee’s paycheck.