51 Overview to Journal Entry Processing Prior to the Payroll Cycle

This chapter contains these topics:

• Section 51.1, "Objectives,"

• Section 51.2, "About Journal Entry Processing Prior to the Payroll Cycle."

51.1 Objectives

• To process journal entries between payroll cycles

51.2 About Journal Entry Processing Prior to the Payroll Cycle

Labor intensive companies that want to monitor and analyze labor expenses on a daily basis typically process journal entries prior to the payroll cycle. The information for these journal entries comes directly from timecards.