Definition of Payroll Journal Report

What Are Payroll Internal Controls? And Why You Need Them

What is a payroll journal report? 

The payroll journal report shows the payroll history of employees at a company.

Payroll carriers generally:

  • Require a company to have at least 6 weeks of payroll in order to establish new coverage.
  • Prefer as much detail as possible in the payroll report.

If possible, the report should include tax info instead of a summary view.

Why is a payroll journal report important to a small business?

It is a required document for payroll carriers to establish coverage.

Other terms similar to payroll journal report that can assist you

  • Payroll
  • Payroll taxes

Summary of the definition of payroll journal report

A payroll journal report shows the payroll history of employees at a company, and it’s a required document for carriers to establish an organization’s coverage.

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