Individual employee earnings record

From CNM Wiki
Jump to: navigation, search

Individual employee earnings record is an accounting document that summarizes the total amount of wages paid and the deductions for the calendar year. It aids in preparing governmental reports. A new record is prepared for each employee each year.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Individual employee earnings record. An accounting document that summarizes the total amount of wages paid and the deductions for the calendar year. It aids in preparing governmental reports. A new record is prepared for each employee each year.

Related concepts

Related lectures