What steps are involved in setting up the payroll ledger -

Question

Quizplus · Accepted Answer

All the given steps are involved in setting up the payroll ledger. Therefore, the correct answer is D, i.e., all of the above. The payroll ledger must have accurate employee information, linked payroll accounts for liabilities and expenses, and payroll names and settings defaults. Historical deductions should also be entered to ensure that previous payroll data is available for analysis and comparison.

What Steps Are Involved in Setting Up the Payroll Ledger