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Payroll and Sales Journal

Payroll

https://www.youtube.com/watch?v=240Jaf1AtcI
Payroll
How often we do payroll:

● Twice a month (Around the 15th and at the end of the month)

Taxes Paid by employees:

● Social Security, Medicare, Income, State and Federal withholding taxes


● After all taxes are taken out it is called Net Pay (That is what employees get paid)

Taxes we as a corporation have to pay

● Medicare, Social Security, State and Federal Unemployment Tax


Sales Journal
https://youtu.be/N8wjB8zh5Hw
Sales journal
How often we do the Sales Journal:

● At the end of every week

Currently we have:

● 400 sales
● Over $250,000 in sales
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https://create.kahoot.it/share/payroll-and-sales-journal/8b960540-2463-
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