Employer's total out-of-pocket for payroll

[dmoney]

Do you have a place/report that shows my total out-of-pocket for payroll?

I have calculated it using data from Employer's Payroll Total Report.

Total Pay + (Total ALL Tax Liab - (All deductions added together)) = Employer's Out-of-pocket

[Paul Mayer]

That is the report that shows all of the employer's liabilities, but we do not total them all together.

[dmoney]

Could you add one more field on that report that is the employer's total out-of-pocket for that payroll?

[Paul Mayer]

The problem is that it would confuse users as "out of pocket" is really not a "payroll' item. You see that report shows you what you need to pay and that includes all taxes withheld from the employees which is really not "out of your pocket".

In over 30 years of our software, this is the first time I've had anyone request such a number and not even sure what it would be used for.

It's hard enough for a non-accountant to know what they need to pay and to add something like that to the report, they might confuse it with what they should pay and end up with a penalty.

[dmoney]

What does this payroll cost me the business owner? Total pay plus the employer's FICA, Medicare, SUTA, FUTA, and SDI. This number is not easily attained on any report without some extra math.

[Paul Mayer]

It's just not a simple number you can get because of the variables on how the deductions can be used since they can be deductions or used as a reimbursement to the employees say for mileage and such. Because of that, it would skew the numbers for a total of all expenses.

Because of the flexibility of the deductions used, there is no way to get a figure without you either pulling it from our accounting program or doing what you are doing now.

[dmoney]

I guess it just sounded simple to me. Thanks for the explanation!