E20-8037 General Information Manual Payroll and Labor Accounting 1962

Please download to get full document.

View again

of 42
6 views
PDF
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Document Description
© 1962 by International Business Machines Corporation 'General Information Manual Payroll and Labor Accounting Copies of this and other IBM publications can be obtained through IBM Branch Offices. Address comments conceming the contents of this publication to IBM Technical Publications Department, 112 East Post Road, White Plains, New York. Contents Introduction ............................................................... 1 Objectives . . . . . . . . . . .
Document Share
Documents Related
Document Tags
Document Transcript
  © 1962 by International Business Machines Corporation 'General Information Manual Payroll and Labor Accounting  Copies of this and other IBM publications can be obtained through IBM BranchOffices. Address comments conceming the contents of this publication to IBM Technical Publications Department, 112 East Post Road,WhitePlains,NewYork.  Contents Introduction ............................................................... 1 Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Elements of Payroll. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ã . . . . . . . . . . . . . 2 Source Records ............................................................. 2Basic Payroll and Employee Records. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Deduction Authorizations .................................................. 3Time and Attendance Records. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Production Time Records. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6Regular Gross Earnings...................................................... 8Overtime Earnings .......................................................... 9Taxes ...................................................................... 9 Federal Insurance Contribution Act. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9State Unemployment Tax ............... , ........... , ... ... ... ... ... ... ... .. 9 Federal Unemployment Tax ...... : .............. ,. ... .. .. .. .. ... ... ... ... .. 9 Federal Withholding (Income) Tax......................................... 9State Withholding (Income) Tax ...................................... ~ . . . . . 9Quarterly and AnnuaLReports. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9Payroll Register ........................ , . . . . . . . . . . . . . . . . . . . . . . . . . .. .. . . . . . .. 11 Checks and Earnings Records. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11Cash Payments ............................................................. 12Control .................................................................... 14Employee History Record .................................................... 15Bank Reconciliation ......................................................... 15Management Reports .......... , .................... , ............... . ... ... .. 16 Payroll Procedures .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . 17 Salary Payroll. . .. . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . .. . . . .. .. .. . . . . . . . . 17 Day or Hourly Rate Payroll. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Exception Payroll. ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... .. .. .. .. .. 23 Incentive Payroll ................ ; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .... . . . . . 24 Group Incentive ............................................. ,. .. .. .. .. ... 24 Individual Incentive . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 25 IBM TELE-PROCESSING@ Equipment .. . . .. . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . .. 28 IBM 1001 Data Transmission System.... ... ... ... ...... ... ... ... .. ... ... ... ... 28 IBM 357 Data Collection System. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 29 Employee Attendance Reporting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 29 Job and Production ,Reporting.. ... ... ... ... ... ... ... ... ... ... ... ... .... .... 29 Labor Accounting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 30 IBM Data Processing Systems.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 32 IBM 1401 Data Processing System.. ... ... ...... ...... ...... ... ... ...... ... .... 32 IBM RAMAC® 305 Data Processing System................................... 35 Advantages. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 36
Similar documents
View more...
Search Related
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks