{"id":237928,"date":"2025-05-12T11:18:54","date_gmt":"2025-05-12T11:18:54","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/dealing-with-wages-in-control-accounts\/"},"modified":"2025-05-12T11:18:54","modified_gmt":"2025-05-12T11:18:54","slug":"dealing-with-wages-in-control-accounts","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=237928","title":{"rendered":"Dealing With Wages In Control Accounts"},"content":{"rendered":"


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As a business, the wages that you pay might well be one of your biggest regular expenses. Not only that, but it\u2019s vital to keep your employees happy and ensure they get the money that they\u2019re owed each month.<\/span><\/p>\n

It\u2019s important, therefore, to keep on top of your payroll<\/a>. By tracking wages in your control accounts you\u2019ll have a good idea of what the picture is for your company.<\/span><\/p>\n

Wages in control accounts explained<\/b><\/h2>\n

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Your control account \u2013 a summary of the credit and debit totals of your other accounts \u2013 is important when it comes to being able to accurately and confidently fill in your financial paperwork.<\/span><\/p>\n

When it comes to looking at wages here, you first need to consider what makes up your gross pay \u2013 the total that you would pay to staff if there were no deductions.<\/span><\/p>\n

Your gross pay is made up of:<\/span><\/p>\n