Accounting for Wages

Liz Barraclough
Mind Map by Liz Barraclough, updated more than 1 year ago
Liz Barraclough
Created by Liz Barraclough about 5 years ago
44
0

Description

Teaching Aid to accompany AAT2 accounting for payroll

Resource summary

Accounting for Wages
1 Gross Pay
1.1 Basic
1.2 Overtime
1.2.1 Overtime Rate
1.2.2 Overtime Premium
1.3 Shift Allowance
1.4 Bonus
1.5 Holiday Pay
1.6 Fuel Allowance
1.7 Sick Pay
1.8 Maternity Pay
1.9 Paternity Pay
1.10 Commission
1.11 Piece Work
1.11.1 Basic - per unit
1.11.2 Differential - over so many units
1.12 Time in Lieu
2 Deductions
2.1 National Insurance Contributions employees
2.2 Income Tax PAYE
2.3 Trade Union Subs
2.4 Student Loan
2.5 CSA Child Support
2.6 CIS (Building)
2.7 Employees Pension Contributions
2.8 Court Fines
2.9 Save as You Earn
2.10 Give as You Earn
2.11 Child care
3 Net Pay
3.1 Net Pay = Gross Pay Less Deductions
4 On costs
4.1 Employers Pension Contributions
4.2 Employers National Insurance Contributions
Show full summary Hide full summary

Similar

Sistem Pencernaan
Aliya Ufa
1.1.2 GOVERNEMNT INITIATIVES
Elliott Jennings
Pay and Deductions
Jaiden Butch
Probabilitas SD Kelas 9
Aryani Banun
Sistem Pencernaan
icon caby
1_1.1.2 GOVERNEMNT INITIATIVES
lucy harris
1.1.2 GOVERNEMNT INITIATIVES
lucy harris
Household income mind map 1st year
Méabh Butterly
Periodic Table
PatrickNoonan
GCSE AQA Chemistry - Unit 1
James Jolliffe