Liabilities · Current Liabilities
2010 Accrued Payroll & Benefits
Since 2026.03
- What it is
- Accrued payroll and benefits represent wages and related employer obligations earned by employees but not yet paid, including employer payroll taxes and benefit accruals tied to the payroll cycle.
- Accounting standard
- Accrued payroll liabilities arise from services already rendered by employees. Benefit-related accruals should follow applicable recognition guidance (e.g., compensated absences may be long‑term depending on expected payout timing).
- Accounting note
- Maintain a payroll accrual worksheet (days worked but unpaid, benefits, payroll taxes). Reconcile to payroll registers and subsequent disbursements.
- Reporting note
- Use for routine payroll cycle accruals. For long‑term compensated absences or actuarial liabilities, use the long‑term liability objects (2200–2230) and/or reserved block as defined.
- Examples
- End-of-period payroll accrual; employer retirement contributions payable; payroll tax payable tied to accrued wages.
- Do not use for
- Vendor invoices (2000); long‑term compensated absences and actuarial obligations (long‑term liability objects).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 37 R27 Other Liabilities 1GEN_OTHER_LIAB1 Column for the fund's type (general, special revenue, capital projects, debt service, permanent). |
| Government-wide ledger (980) | Not reported. Current liabilities of governmental activities are not reported on form 40. |
| Enterprise funds (water example) | Form 38 R41 Other Current Liabilities 1ENT_OTHER_CURR_LIAB1 Enterprise or internal service column. |
| Internal service funds | Form 38 R41 Other Current Liabilities 1INT_SERV_OTHER_CURR_LIAB1 Enterprise or internal service column. |
| Fiduciary funds (pension trust example) | Form 39 R23.5 Other Current LiabilitiesPEN_OTHER_EE_BEN_TRUST_OTHR_CURR_LIAB Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.