Payroll Reports

Lesson

Click on the "Reporting" tab on the left-hand side. Then, click on the "Payroll" tab on the top of the page. You'll see 4 detailed payroll reports. Let's go through the details of each report. 

Payroll Register

The payroll register report allows you to generate a complete and itemized report of your employee's wages, deductions, contributions, and reimbursements. Every payment or deduction item is broken out for each employee, along with high-level employee information. If you scroll to the top of the page and click on "Company," our system will generate a company level report. 

Edit date range – click on the “Filter” button on the top right corner, and you'll have the ability to filter reports by pay period, month, quarter, or year. 

In the popup, you'll notice a checkbox that reads, "Include pending payrolls if they are found in the date range". If you check off this box, our system will search to see if you have a pending payroll, a payroll that's already been calculated but not yet paid. Our system will then report on it if found in the date range. This information is valuable when creating detailed payroll reporting before moving any funds over.

Export option – you now have the option to export these reports in an Excel or PDF document.

Year-to-Date (YTD) Report

The year-to-date report is an itemized report that generates a payroll snapshot leading up to your company's year-to-date (YTD) amount. The default to the report is an annual view, which includes the element type (whether a payment or deduction) for each employee and how each pay period has led to the final YTD amount. This report is beneficial for making year-end reconciliations or tracking changes throughout the year.

Export option – you can filter and export this information into Excel. 

Remittance Report

The remittance report generates remittance details sent to government agencies. The default is set to an annual view. In this report, you’ll access:

  • Company name 
  • CRA account number
  • The period end date of each payroll 
  • The date the funds have been withdrawn 
  • The date that the payroll has been deposited to the CRA
  • The number of employees on payroll at the time 
  • The breakdown of the amounts remitted

Export option – you can filter and export this information into Excel. 

Journal Entry

The journal entry is a high-level report that provides a quick summary of moving funds from your bank account. You'll view the categories that have been paid out and matching amounts displaying what’s been debited from your bank account.