--- title: 6 Important Payroll Reports to Run description: We discuss 6 of the most important payroll reports for reviewing compensation details, evaluating payroll accuracy, tracking payroll expenses, and more. image: https://blog.paydaypayroll.com/hubfs/Imported_Blog_Media/6-Important-Payroll-Reports-to-Run.png --- Industry News, Payroll, Administrative # 6 Important Payroll Reports to Run October 03, 2019 **Payroll reports are useful for reviewing compensation details, evaluating payroll accuracy, tracking payroll expenses, reconciling payroll activities and meeting payroll obligations. Below are six of these reports. ** ## 1. Time sheets Nonexempt employees are paid according to the hours reflected on their time sheets. Before payroll processing begins, run a report to confirm that employees' hours are correct and fix any errors before submitting the hours for processing. Time sheet reports can also be used to verify employees' hours from a prior pay period. ## 2. Payroll register This report summarizes each employee's payroll information for the selected pay period. Information may include employee name, Social Security number, hours worked, gross salary or wages, deductions, net pay, and year-to-date earnings. You can use the payroll register to double-check or reconcile payroll data for the pay period. Also, you can generate quarterly registers to verify your quarterly payroll tax filings and annual registers to reconcile annual Form W-2s. A preliminary version of the register can be run before the current payroll closes; this way, errors can be caught and easily fixed before employees are paid. ## 3. Time off/leave of absence If you provide paid or unpaid time off, you must monitor employees' accrued time off, days or hours taken, and available balances. This is essential, regardless of whether the time off is required by law or given at your discretion. By frequently running time off/leave reports, you can stay on top of time off requests and better track employee absences. ## 4. Paycheck deductions Paycheck deductions are a core aspect of payroll. They come in many forms, such as voluntary deductions for cafeteria and 401(k) plans and involuntary deductions for employment taxes and wage garnishments. Proper administration of these deductions is vital to avoiding issues with employees' paychecks and regulatory compliance. (The complexity of paycheck deductions is one of the many reasons employers outsource payroll.) You can obtain information on paycheck deductions by running a payroll register or examining employees' individual pay details. However, a report that zeroes in on just deductions will provide — in one document — the targeted information that you need. ## 5. Outstanding paychecks If an employee takes too long to deposit or cash his or her paycheck, you need to be aware of it — and the sooner the better, as employers are bound by state escheatment laws, which regulate unclaimed paychecks. By running a report that shows uncleared checks, you can take proactive measures, such as contacting the employee or reporting the unclaimed paycheck to your state. ## 6. Labor cost Like any other business expense, your payroll costs must be measured and managed. A report that breaks down your payroll expenses — including salaries, wages, benefits, taxes and insurances — can help you measure and manage your labor cost percentage. - Share This - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.paydaypayroll.com/6-important-payroll-reports-to-run) - [**](https://twitter.com/intent/tweet?text=&url=https://blog.paydaypayroll.com/6-important-payroll-reports-to-run) - [**](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.paydaypayroll.com/6-important-payroll-reports-to-run&title=&summary=) Related ### News, Insights and Updates [Read the Blog](https://blog.paydaypayroll.com/) [ Data-Driven Payroll and HR: Driving Business Success in 2025 December 17, 2024 ](https://blog.paydaypayroll.com/data-driven-payroll-and-hr) [ Payroll in 2025: Navigating New Regulations and Workforce Expectations December 10, 2024 ](https://blog.paydaypayroll.com/payroll-in-2025) [ Holiday Payroll Schedules: How to Avoid Delays and Ensure Timely Payments November 19, 2024 ](https://blog.paydaypayroll.com/holiday-payroll-schedules) [ Preparing for Year-End Payroll: Essential Tips for a Smooth Process November 07, 2024 ](https://blog.paydaypayroll.com/preparing-for-year-end-payroll) [ Maximizing ROI: The Financial Advantages of Integrating Employee Benefits with Payroll September 26, 2024 ](https://blog.paydaypayroll.com/maximizing-roi-the-financial-advantages-of-integrating-employee-benefits-with-payroll) [ Creating an Effective Payroll Training Program August 05, 2024 ](https://blog.paydaypayroll.com/effective-payroll-training-program) [ Importance of Payroll Training for HR Teams July 23, 2024 ](https://blog.paydaypayroll.com/payroll-training-for-hr-teams) [ Master Summer Hiring with Smart Payroll Tactics June 25, 2024 ](https://blog.paydaypayroll.com/master-summer-hiring) [ Avoid Payroll Pitfalls: Managing Time and Attendance in a Summer Workforce June 11, 2024 ](https://blog.paydaypayroll.com/avoid-payroll-pitfalls-managing-time-and-attendance-in-a-summer-workforce) [ Maximizing Workforce Commitment: The Role of Payroll and HR Software in Hospitality April 23, 2024 ](https://blog.paydaypayroll.com/maximizing-workforce-commitment-the-role-of-payroll-and-hr-software-in-hospitality) [ Navigating Seasonal Peaks: The Power of Payroll and HR Systems in Sustaining Commitment April 11, 2024 ](https://blog.paydaypayroll.com/navigating-seasonal-peaks-the-power-of-payroll-and-hr-systems-in-sustaining-commitment) [ Unlocking Potential: Transforming Seasonal Workforces with Payroll and HR Software April 02, 2024 ](https://blog.paydaypayroll.com/unlocking-potential-transforming-seasonal-workforces-with-payroll-and-hr-software) [ 4 Major Payroll Tax Changes to Expect in 2024 + Checklist March 19, 2024 ](https://blog.paydaypayroll.com/4-major-payroll-tax-changes-to-expect-in-2024-checklist) [ Tax Tip: Managing Payroll Taxes for Employee Compensation March 18, 2024 ](https://blog.paydaypayroll.com/tax-tip-managing-payroll-taxes-for-employee-compensation) [ Understanding the Impact of Donor Restrictions on Non-Profit Payroll Management February 07, 2024 ](https://blog.paydaypayroll.com/understanding-the-impact-of-donor-restrictions-on-non-profit-payroll-management) [ Leveraging Technology for Non-Profit Payroll: A Guide to Cost-Effective Solutions January 31, 2024 ](https://blog.paydaypayroll.com/leveraging-technology-for-non-profit-payroll-a-guide-to-cost-effective-solutions) [ Navigating the Updated Overtime Rules: A Compliance Guide for Employers January 24, 2024 ](https://blog.paydaypayroll.com/navigating-the-updated-overtime-rules-a-compliance-guide-for-employers) [ Streamlining Certified Payroll for Compliance and Efficiency January 09, 2024 ](https://blog.paydaypayroll.com/streamlining-certified-payroll-for-compliance-and-efficiency) [ Payroll and Compliance for Non-Profits, What to Know January 02, 2024 ](https://blog.paydaypayroll.com/payroll-and-compliance-for-non-profits-what-to-know) [ Upcoming Payroll and Compliance Changes for 2024 December 27, 2023 ](https://blog.paydaypayroll.com/upcoming-payroll-and-compliance-changes-for-2024) Get Started ## Let's make today the day. 1. 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