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Payroll Sheet Quiz

This payroll document summarizes the payroll information for employees of UCC Company for the period of June 1-30, 2021. It includes employees' names, monthly/daily rates, days worked, regular and overtime pay calculations, gross and net pay amounts, and deductions for SSS, PhilHealth, and Pag-IBIG contributions. The total gross pay for the period is ₱266,100.96 and the total net pay to employees is ₱219,816.88.

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Joneric Ramos
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1K views

Payroll Sheet Quiz

This payroll document summarizes the payroll information for employees of UCC Company for the period of June 1-30, 2021. It includes employees' names, monthly/daily rates, days worked, regular and overtime pay calculations, gross and net pay amounts, and deductions for SSS, PhilHealth, and Pag-IBIG contributions. The total gross pay for the period is ₱266,100.96 and the total net pay to employees is ₱219,816.88.

Uploaded by

Joneric Ramos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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University of Caloocan City

Payroll Accounting

NAME:Ramos, Joneric, S. COURSE/YEAR/SECTION: ___BSA/1st year/ACC102

UCC Company
PAYROLL SHEET
For the Period June 1-30, 2021

DATE: June 30, 2021


125.00% 200.00% 4.50% 3.50% 2%
EMPL EMPLOYEE MONTHLY/ DAYS BASIC REGLR REG. OT SUN SUN./HOL. GROSS SSS PH PAGIBIG GROSS PAY - TAX TOTAL NET
No. NAME DAILY RATE WRKD PAY OT PAY HOL PAY PAY W/HELD W/HELD W/HELD SSS, PH & PF W/HELD DEDUCTIONS PAY
001 Ace Sa 70,000.00 26 70,000.00 8 3,365.38 6 4,038.46 77,403.85 3,483.17 2,709.13 1,548.08 69,663.46 11,731.94 19,472.32 57,931.52
002 Dolly Wa 40,000.00 26 40,000.00 8 1,923.08 6 2,307.69 44,230.77 1,990.38 1,548.08 884.62 39,807.69 4,118.67 8,541.75 35,689.02
003 Tet Lo 36,000.00 26 36,000.00 6 1,298.08 8 2,769.23 40,067.31 1,803.03 1,402.36 801.35 36,060.58 3,181.90 7,188.63 32,878.68
004 Apa Tan 24,000.00 26 24,000.00 6 865.38 8 1,846.15 26,711.54 1,202.02 934.90 534.23 24,040.38 641.48 3,312.63 23,398.90

005 Lim Ma 20,000.00 26 20,000.00 6 721.15 6 1,153.85 21,875.00 984.38 765.63 437.50 19,687.50 0.00 2,187.50 19,687.50

006 Annie Man 800.00 26 20,800.00 6 750.00 6 1,200.00 22,750.00 1,023.75 796.25 455.00 20,475.00 0.00 2,275.00 20,475.00
007 Pete To 600.00 26 15,600.00 8 750.00 6 900.00 17,250.00 776.25 603.75 345.00 15,525.00 0.00 1,725.00 15,525.00
008 Wal Lo 550.00 26 14,300.00 8 687.50 6 825.00 15,812.50 711.56 553.44 316.25 14,231.25 0.00 1,581.25 14,231.25
TOTALS 191,950.00 240,700.00 10,360.58 15,040.38 266,100.96 11,974.54 9,313.53 5,322.02 239,490.87 19,673.99 46,284.09 219,816.88

ADDITIONAL INFORMATION: 20800 22,750.00


(1) Overtime Pay 125% for hrs worked beyond the regular working hr (4) For W/holding Tax, use the provided table
(2) Holiday/Sun 200% for hours worked on Sundays/Holidays (5) SSS contribution, 8.5% & 4.5% & PH contribution, 3.5% & 3.5% for employer & employee
(3) Working Day 26 days a month, 6 days in a week and 8 hours a day (6) Pag-ibig Contribution: 2% of gross monthly pay for employee and employer

1 How much is the gross pay of Ace Sa? ₱ 77,403.85


2 How much is the net pay ofDolly Wa? ₱ 35,689.02
3 How much is the net pay of Tet Lo? ₱ 32,878.68
4 How much is the net pay of Apa Tan? ₱ 23,398.90
5 How much is the net pay of Lim Ma? ₱ 19,687.50
6 How much is the withholding tax of Annie Man? ₱ 0
7 How much is the withholding tax of Annie Man? ₱ 0
8 How much is the withholding tax of Ace Sa? ₱ 11,731.94
9 How much is the total deductions of Pete To? ₱ 1,725.00
10 How much is the total deductions of Wal Lo? ₱ 1,581.25

Required: Fill all the necessary blanks up to Total Net Pay


Ace sa annie man Ace Sa
Reg OT Reg OT Hol/Legal Sun/Hol OT
Basic 70,000.00 800.00 70,000.00 800.00
No. of days 26.00 26.00
Daily rate 2,692.31 800.00 2,692.31 800.00
No. of hrs 8.00 8.00 8.00 8.00
Hourly rate 336.54 100.00 336.54 100.00
OT Premium 1.25 1.25 2.00 2.00
OT rate/hr 420.67 125.00 673.08 200.00
No of hrs worked 8.00 6.00 8.00 6.00

Total OT pay 365.38 750.00 5,384.62 1,200.00

Gross Pay = Basic Pay + Reg OT Pay + Hol Pay


SSS = Gross Pay x Rate (4.5%)
PH= Gross Pay x Rate (3.5%)
PF = Gross Pay x Rate (2.0%)
GP-SSS. PH, PF
TD = SSS+PH+PF+WHT
NP = Gross Pay - Total Deductions

Withholding Tax
Ace sa annie man
Net GP 69,663.46 20,475.00
CR 66.67 20,833.00
Excess 2,996.46 (388.00)
Tax rate on excess 0.30
Tax on excess 898.94
Tax on 33,333 10.83 0.00
WHTax 11,731.94 0.00
REVISED WITHHOLDING TAX TABLE
Effective January 1, 2018 to December 31, 2022

DAILY 1 2 3 4 5 6
Compensation Range P685 & below 685 1,096 2,192 5,479 21,918
0.00 82.19 356.16 1,342.47 6,602.74
Prescribed W/holding Tax 0.00 20% 25% 30% 32% 35%
over P685 over P1,096 over P2,192 over P5,479 over P21,918
WEEKLY 1 2 3 4 5 6
Compensation Range P4,808 & below 4,808 7,692 15,385 P38,462 - P153,845 P153,846 and above
0.00 576.92 2,500 9,423.08 46,346.15
Prescribed W/holding Tax 0.00 20% 25% 30% 32% 35%
over P4,808 over P7,692 over P15,385 over P38,462 over P153,846
SEMI-MONTHLY 1 2 3 4 5 6
Compensation Range P10,417 & below 10,417 16,667 33,333 83,333 333,333
0.00 1,250 5,417.67 20,416.67 100,416.67
Prescribed W/holding Tax 0.00 20% 25% 30% 32% 35%
over P10,417 over P16,667 over P33,333 over P83,333 over P333,333
MONTHLY 1 2 3 4 5 6
Compensation Range P20,833 & below 20,833 33,333 66,667 166,667 666,667
0.00 2,500 10,833 40,833 200,833.33
Prescribed W/holding Tax 0.00 20% 25% 30% 32% 35%
over P20,833 over 33,333 over P66,667 over P166,667 over P666,667

ANNUAL TAX TABLE

EFFECTIVE DATE JANUARY 1, 2018 to DECEMBER 31, 2022


Not over P250,000 0%
Over P250,000 but not over P400,000 20% of the excess over P250,000
Over P400,000 but not over P800,000 P30,000 + 25% of the excess over P400,000
Over P800,000 but not over P2,000,000 P130,000 + 30% of the excess over P800,000
Over P2,000,000 but not over P8,000,000 P490,000 + 32% of the excess over P2,000,000
Over P8,000,000 P2,410,000 + 35% of the excess over P8,000,000

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