Payroll Overview Analytics

Understand and interpret important information about your payroll and employee data. Analyzing your data allows you to make informed decisions and optimize your payroll processes. Using the Payroll Overview analytics, you can:

Delve into your payroll and employee information.
Generate insightful reports tailored to your needs.

To view the Payroll Overview analytics:

Go to Analytics on the left sidebar.
Click Payroll Overview under Analytics Category.

Payroll Summary

The Payroll Summary analytic provides an at-a-glance view of the payroll data for your organization over a selected period. This report breaks down essential payroll components, allowing you to keep track of earnings, benefits, deductions, and taxes for better financial planning and payroll insights.

The report breaks down the following pay components for a detailed overview:

Component	Description
Earnings	Displays the total amount of earnings for the chosen period, including regular wages, bonuses, and other earnings.
Benefits	Summarizes the total value of employee benefits, such as health insurance and retirement contributions.
Deductions	Shows the total deductions, including items like retirement contributions and garnishments.
Taxes	Summarizes payroll taxes withheld and any employer-paid taxes for the selected period.
Total Net Pay	The final amount paid to employees after deductions and taxes have been applied.

Pay Summary

The Employees’ Pay Summary analytic provides a detailed view of individual employees’ pay data over a selected period. This report displays key pay components, allowing you to analyze gross pay, benefits, deductions, taxes, and other relevant details for each employee.

The report includes the following columns to provide a comprehensive view of each employee’s pay details:

Component	Description
Employee Name	Displays the name of each employee included in the report.
Paid Hours	Shows the total hours for which the employee was paid during the selected period.
Gross Pay	The total pay before any deductions, including regular wages, bonuses, and other earnings.
Benefits	The total value of benefits provided to each employee, such as health insurance and retirement contributions.
Deductions	Total deductions from the employee’s pay, including retirement contributions, garnishments, and other withholdings.
Taxes	The total amount of payroll taxes withheld from the employee’s earnings.
Business Expense Reimbursements	Reimbursements provided to employees for approved business expenses.
Net Pay	The final amount paid to each employee after all deductions and taxes have been subtracted from the gross pay. This represents the net amount received by the employee.

Salary Statement

The Employees’ Salary Statement analytic provides a detailed breakdown of each employee’s salary components over a selected period. This report shows individual earnings and tax components, allowing you to review employee compensation in a structured and organized way.

The report includes the following components, presented in separate tables for Earnings and Taxes:

Component	Description
Employee ID	Displays the unique identifier assigned to each employee.
Employee Name	Shows the name of each employee included in the report.
Regular Pay	The base salary or standard pay for each employee during the period.
Over Time Pay	Additional pay for hours worked beyond regular working hours.
Double Time Pay	Extra pay awarded for hours worked at twice the regular rate, as applicable.
Bonus	Incentive pay provided to employees, such as performance bonuses.
Commission	Earnings based on sales or other targets, as part of variable compensation.
Gross Pay	The total pay before any deductions, combining all earnings components.

Benefits Summary

The Benefits Summary analytic provides an overview of employee benefits contributions over a specified period. This report shows the contributions made by both employees and employers, helping you to review benefit-related expenses and liabilities.

The report includes the following columns, providing a detailed view of benefit contributions:

Component	Description
Benefit Name	Lists the names of each benefit included in the report, such as health insurance or retirement plans.
Employees’ Contribution	The total contribution made by employees for each benefit during the selected period.
Employer’s Contribution	The total contribution made by the employer for each benefit during the selected period.
Total Contribution	The combined total of employee and employer contributions for each benefit.

Employee Deductions

The Employee Deductions analytic provides an overview of deductions made from employees’ pay over a specified period. This report shows the amount contributed by employees toward various deductions, helping you track payroll withholdings accurately.

The report includes the following columns to provide a detailed view of each employee’s deductions:

Component	Description
Employee Name	Displays the name of each employee included in the report.
Employees’ Contribution	Shows the total amount contributed by employees for each deduction during the selected period.

Tax Summary

The Tax Summary Report in Zoho Payroll provides an overview of tax-related contributions made by employees and employers over a specified period. This report helps you track the taxes withheld and contributed, along with a summary of paid employees and subject wages.

The report includes the following components, providing a detailed view of tax contributions:

Component	Description
Tax Name	Lists the names of each tax included in the report, such as Federal Income Tax, Medicare, etc.
Employees’ Contribution	The total amount contributed by employees towards each tax during the selected period.
Employer’s Contribution	The total amount contributed by the employer towards each tax during the selected period.
Total Contribution	The combined total of employee and employer contributions for each tax.

Tax Payments Summary

The Tax Payments Summary analytics provides an overview of all tax payments made over a specified period. This report shows the amount paid for each tax type, along with the total amount of federal and state tax payments combined, helping you keep track of payroll tax obligations.

The report includes the following columns, providing a detailed view of tax payments:

Component	Description
Tax Name	Lists the names of each tax included in the report, such as Federal Income Tax, Medicare, State Taxes, etc.
Amount ($)	The total amount paid for each tax during the selected period.

Additionally, the report provides a summary at the bottom:

Total Amount Paid (Federal + State): The combined total amount of federal and state tax payments made during the selected period.

Payroll Journal Summary

The Payroll Journal Summary analytic provides a comprehensive record of financial transactions related to payroll processing, including wage payments and tax liabilities. This report offers insights into payroll expenses and liabilities by tracking each debit and credit entry.

The report will display a chronological list of payroll transactions for the selected period, categorized by payroll event, such as Payroll Journal or Wage Payment.

The report includes the following columns to provide a detailed view of payroll transactions:

Component	Description
Date and Transaction Type	Displays the date and type of each payroll event, such as Payroll Journal or Wage Payment.
Description	Provides a brief description of each transaction, including details like Salaries and Employee Wages, Payroll Tax Payable, and Bank Account.
Debit	Lists the amount deducted from the company’s accounts for each transaction.
Credit	Lists the amount credited to the company’s accounts for each transaction.

Each transaction displays the relevant debit and credit entries, ensuring that every payroll-related financial movement is recorded and balanced.