Difference between revisions of "Net pay"
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| − | [[ | + | [[Net pay]] is gross earnings, less deductions. Net pay, or take-home pay, is what the worker actually takes home. |
==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| − | :[[ | + | :[[Net pay]]. Gross earnings, less deductions. Net pay, or take-home pay, is what the worker actually takes home. |
| + | |||
| + | ==Related concepts== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
| + | |||
| + | [[Payroll register]] is a multicolumn form that is used to record payroll data. | ||
| + | |||
| + | |||
| + | ==Definitions== | ||
| + | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| + | :[[Payroll register]]. A multicolumn form that is used to record payroll data. | ||
| + | |||
| + | ==Related concepts== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
| + | |||
| + | [[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== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
| + | |||
| + | [[Experience rating]] ([[merit rating]]) is a rate assigned by an insurance company to determine the cost of insurance coverage. This rate is based on the physical difficulty of jobs within various industries and the history/cost of prior employee accident claims submitted. | ||
| + | |||
| + | |||
| + | ==Definitions== | ||
| + | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| + | :[[Experience rating]] ([[merit rating]]). A rate assigned by an insurance company to determine the cost of insurance coverage. This rate is based on the physical difficulty of jobs within various industries and the history/cost of prior employee accident claims submitted. | ||
| + | |||
| + | ==Related concepts== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
| + | |||
| + | [[Expanded accounting equation]] is [[Assets]] = [[Liabilities]] + [[Owner's Capital]] - [[Owner's Withdrawals]] + [[Fiscal Revenue|Revenue]] - [[Expenses]]. | ||
| + | |||
| + | |||
| + | ==Definitions== | ||
| + | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| + | :[[Expanded accounting equation]]. [[Assets]] = [[Liabilities]] + [[Owner's Capital]] - [[Owner's Withdrawals]] + [[Fiscal Revenue|Revenue]] - [[Expenses]]. | ||
| + | |||
| + | ==Related concepts== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
| + | |||
| + | [[Ending capital]] is [[Beginning Capital]] + Additional Investments + [[Net income]] - [[Owner's Withdrawals]] = [[Ending Capital]]. ''Or'' Beginning Capital + Additional Investments - [[Net loss]] - [[Owner's Withdrawals]] = Ending Capital | ||
| + | |||
| + | |||
| + | ==Definitions== | ||
| + | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| + | :[[Ending capital]]. Beginning Capital + Additional Investments + [[Net income]] - [[Owner's Withdrawals]] = Ending Capital. ''Or'' Beginning Capital + Additional Investments - [[Net loss]] - [[Owner's Withdrawals]] = Ending Capital | ||
| + | |||
| + | ==Related concepts== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
| + | |||
| + | [[Footing]] is the total of each side of a [[T-account|T account]]. | ||
| + | |||
| + | |||
| + | ==Definitions== | ||
| + | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| + | :[[Footing]]. The totals of each side of a [[T-account|T account]]. | ||
| + | |||
| + | ==Related concepts== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
| + | |||
| + | [[Ending balance]] is the difference between two [[footing]]s in a [[T-account|T account]]. | ||
| + | |||
| + | |||
| + | ==Definitions== | ||
| + | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| + | :[[Ending balance]]. The difference between [[footings]] in a [[T-account|T account]]. | ||
| + | |||
| + | ==Related concepts== | ||
| + | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| + | |||
| + | ==Related coursework== | ||
| + | *[[Principles of Accounting]]. | ||
| + | |||
| + | [[Category: Accounting]][[Category: Articles]] | ||
| + | |||
| + | [[Interim report]] is a fiscal statement that is prepared for a month, quarter, or some other portion of the [[fiscal year]]. | ||
| + | |||
| + | |||
| + | ==Definitions== | ||
| + | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| + | :[[Interim report]]. A fiscal statement that is prepared for a month, quarter, or some other portion of the [[fiscal year]]. | ||
==Related concepts== | ==Related concepts== | ||
Revision as of 05:07, 20 December 2018
Net pay is gross earnings, less deductions. Net pay, or take-home pay, is what the worker actually takes home.
Contents
- 1 Definitions
- 2 Related concepts
- 3 Related coursework
- 4 Definitions
- 5 Related concepts
- 6 Related coursework
- 7 Definitions
- 8 Related concepts
- 9 Related coursework
- 10 Definitions
- 11 Related concepts
- 12 Related coursework
- 13 Definitions
- 14 Related concepts
- 15 Related coursework
- 16 Definitions
- 17 Related concepts
- 18 Related coursework
- 19 Definitions
- 20 Related concepts
- 21 Related coursework
- 22 Definitions
- 23 Related concepts
- 24 Related coursework
- 25 Definitions
- 26 Related concepts
- 27 Related coursework
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Net pay. Gross earnings, less deductions. Net pay, or take-home pay, is what the worker actually takes home.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Payroll register is a multicolumn form that is used to record payroll data.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Payroll register. A multicolumn form that is used to record payroll data.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
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
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Experience rating (merit rating) is a rate assigned by an insurance company to determine the cost of insurance coverage. This rate is based on the physical difficulty of jobs within various industries and the history/cost of prior employee accident claims submitted.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Experience rating (merit rating). A rate assigned by an insurance company to determine the cost of insurance coverage. This rate is based on the physical difficulty of jobs within various industries and the history/cost of prior employee accident claims submitted.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Expanded accounting equation is Assets = Liabilities + Owner's Capital - Owner's Withdrawals + Revenue - Expenses.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Expanded accounting equation. Assets = Liabilities + Owner's Capital - Owner's Withdrawals + Revenue - Expenses.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Ending capital is Beginning Capital + Additional Investments + Net income - Owner's Withdrawals = Ending Capital. Or Beginning Capital + Additional Investments - Net loss - Owner's Withdrawals = Ending Capital
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Ending capital. Beginning Capital + Additional Investments + Net income - Owner's Withdrawals = Ending Capital. Or Beginning Capital + Additional Investments - Net loss - Owner's Withdrawals = Ending Capital
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Footing is the total of each side of a T account.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Ending balance is the difference between two footings in a T account.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Ending balance. The difference between footings in a T account.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
Related coursework
Interim report is a fiscal statement that is prepared for a month, quarter, or some other portion of the fiscal year.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Interim report. A fiscal statement that is prepared for a month, quarter, or some other portion of the fiscal year.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
