Lesson 32: Preparing Payroll Checks
Duration of Days: 3
Lesson Objective
Justify the use of a payroll bank account and prepare employee payroll checks or direct deposit
Why is it important for a business to use a dedicated payroll bank account rather than mixing payroll funds with other business finances?
What are the advantages of using direct deposit for employee payments compared to issuing payroll checks?
voucher check
direct deposit
CTE Business & Finance Technology
F. Special Applications: Apply appropriate accounting principles to payroll.
22. Prepare and maintain payroll records.
The SAT measures student proficiency in math reading, language, and writing. With strong scores, accounting students set themselves up for successful entry into accounting and finance programs
Description: understand the purpose of a payroll bank account, the process of preparing payroll checks or initiating direct deposit, and the importance of accurate and timely payroll disbursements
Purpose: understand the importance of using a payroll bank account for managing employee payments and to teach them how to prepare payroll checks and set up direct deposits
DOK Level 1: Recall
What basic information is required to prepare a payroll check, and what steps are involved in setting up direct deposit for employees?
DOK Level 2: Skill/Concept
Explain how a payroll bank account helps in managing employee payments and maintaining financial accuracy. What are the differences between issuing payroll checks and using direct deposit?
Payroll may be mismanaged.
Understand the differences between direct deposit and payroll checks, assuming they are equally secure or that direct deposit is more complex than it is
Sampling, modeling, one one instruction, Google classroom or Moodle. Paper or or online assignments, online instructional tools, videos, textbook or online textbook, excel real world application of information, Spanish version available for ELL students
Guided Notes
Worksheet
Vocabulary assignment
Work together/on own problems, mastery or source document problems
moodle quiz
Century 21, Accounting, General Journal, 11th edition, online/paper edition
Online working papers (Mindtap)
Microsoft Excel software
Online instructional tools