The Two Most Important Reports
The two most important reports are found under the Pay Periods and they are the Normal 80 Column Report and the Employer Totals Report as pointed to in the screen shot of the Report Center below. These reports will tell all the information about your payroll to any accountant and more important, and auditor that you may have to present a paper trail to in the future. You should print these two reports each pay day and save them for seven years. (See examples below)
Example of the Employee's information as seen in the Normal 80 Column Report. Note that it displays the totals for the Period, the Month to Date, the Quarter to Date and the Year to Date.
Example of the Employer Totals Report. This is the report that you use to pay your taxes as it has all of your tax liabilities for the company. Note that it displays the totals for the Period, the Month to Date, the Quarter to Date and the Year to Date.