Payroll Report

 

Company Name: XYZ Corporation

Report Period: February 2025

Generated On: March 1, 2025

Generated By: Payroll Department

1. Employee Payroll Summary




2. Payroll Breakdown

A. Salary Components

• Basic Salary: Fixed monthly salary for employees.

• Overtime Pay: Additional compensation for extra working hours.

• Bonuses: Any performance-based or seasonal bonuses (if applicable).

B. Deductions

• Tax Withholdings: Federal/State tax deductions.

• Health Insurance: Employee-contributed health plan deductions.

• Retirement Contributions: Pension fund or 401(k) deductions.

3. Payroll Summary for February 2025

• Total Employees Processed: 50

• Total Gross Payroll: $250,000

• Total Deductions: $30,000

• Total Net Payroll: $220,000

• Number of Pending Payments: 2

4. Approval & Signatures

Prepared By: ________________________

(Payroll Officer)

Approved By: ________________________

(Finance Manager)


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