	In this chapter, you will be taught to identify various pay period options, the difference between salaries and wages, and how to calculate overtime pay. You will also learn multiple methods for determining pay, incentives, commissions, and bonuses. Finally, you will learn how to create a payroll register. _____________________________________________________________ Preparing for This Chapter You will need a complete installation of eLab and QuickBooks and student exercise files downloaded for successful completion of this lesson. ____________________________________________________________ Unit Readings and Videos Read chapter 2 using your textbook Review PA7E-C02-PPT.pptx Watch video How do biweekly pay periods work? DIFFERENCE BETWEEN WAGE AND SALARY Overtime Pay How to Calculate a Paycheck for Your Employees Bonuses and Commissions Calculating Commissions in Excel using IF Statement Preparing a Payroll Register Chapter7 Creating a Payroll Register ___________________________________________________________ Any required DISCUSSION: Initial posts due by Tuesday. Responses due by Friday _____________________________________________________________ Unit To Do List Read chapter 2 Review PA7E-C02-PPT-1.pptx Watch short videos above Complete Assignments in eLab System: Chapter 2 Practice Set (77 points) Take chapter 2 Concept Review Quiz (30 pts.) and chapter 2 test about Calculating Employee Pay (44 pts.) available in eLab through Canvas.	Learning Outcomes After studying this chapter, you will be able to: Identify various pay period options Distinguish between salaries and wages Define overtime pay Determine employee pay using multiple methods Calculate incentives, commissions, and bonuses Establish the payroll register

In this chapter, you will be taught to identify various pay period options, the difference between salaries and wages, and how to calculate overtime pay. You will also learn multiple methods for determining pay, incentives, commissions, and bonuses. Finally, you will learn how to create a payroll register.

_____________________________________________________________

Preparing for This Chapter

You will need a complete installation of eLab and QuickBooks and student exercise files downloaded for successful completion of this lesson.

____________________________________________________________

Unit Readings and Videos

Read chapter 2 using your textbook
Review PA7E-C02-PPT.pptx
Watch video

How do biweekly pay periods work?

DIFFERENCE BETWEEN WAGE AND SALARY

Overtime Pay

How to Calculate a Paycheck for Your Employees

Bonuses and Commissions

Calculating Commissions in Excel using IF Statement

Preparing a Payroll Register

Chapter7 Creating a Payroll Register

___________________________________________________________

Any required DISCUSSION: Initial posts due by Tuesday. Responses due by Friday
_____________________________________________________________

Unit To Do List

Read chapter 2
Review PA7E-C02-PPT-1.pptx
Watch short videos above
Complete Assignments in eLab System:
- Chapter 2 Practice Set (77 points)
Take chapter 2 Concept Review Quiz (30 pts.) and chapter 2 test about Calculating Employee Pay (44 pts.) available in eLab through Canvas.

Learning Outcomes

After studying this chapter, you will be able to:

Identify various pay period options
Distinguish between salaries and wages
Define overtime pay
Determine employee pay using multiple methods
Calculate incentives, commissions, and bonuses
Establish the payroll register