How do you calculate the payroll accrual?

By |2024-05-01T09:08:59+00:0028 Jula, 2020|Categories: Bookkeeping|

So, as you near the end of the accounting period, calculate the accrued payroll by figuring out the wages payable. If the accounting period ends in the middle of a pay period, prorate the gross pay based on the number of days worked. Accrued payroll covers salaries, wages, and other compensation employees earn for a specific [...]