Can create or run the Detailed Labor Cost Report which provides an analysis of detailed labor and payroll information?
To create or run the Detailed Labor Cost Report, follow these steps:
A. In QuickBooks Desktop, go to Reports> Payroll> Detailed Labor Cost.
B. Select the report period you want to view and click on Display.
C. You can customize the report by selecting the columns you want to view.
D. You can also filter the report by employee, department, or location.
E. Once you are satisfied with the report, you can click on Print or Save to save the report.
The detailed labor cost report provides you with an analysis of detailed labor and payroll information, including:
1. Employee name: The name of the employee.
2. Department: The department the employee works in.
3. Regular hours: The number of regular hours the employee worked during the report period.
4. Overtime hours: The number of overtime hours the employee worked during the report period.
5. Total hours: The total number of hours the employee worked during the report period.
6. Gross wages: The total gross wages the employee earned during the report period.
7. Deductions: The total deductions taken from the employee's gross wages.
8. Taxable wages: The total taxable wages the employee earned during the report period.
9. Net wages: The total net wages the employee earned during the report period.
The detailed labor cost report can be used to analyze labor costs and identify trends in employee wages and hours. This information can be used to make decisions about staffing, compensation, and other payroll-related matters.
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