Payroll accruals for bi-weekly payroll
I am trying to understand how to accrue payroll to reflect properly on Profit and Loss statements. Example: January 2008 had three bi-weekly payrolls in that month due to when the check date fell. (Jan 3rd, 17th and 31st.) This reflects HORRIBLY on the our monthly P&L. Can someone explain to me in simple english how to make these accruals so I can show our monthly P&L statements to be a little more inline?