Payroll

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Payroll

 

an accounting document designed for recording payments of wages to workers and to clerical and professional employees. It can be compiled for the enterprise or organization as a whole and for individual shops and sections, according to categories of employees, pay lists, or individual pay statements. In contrast to the other documents used in disbursing wages (pay lists or orders), the payroll gives only the employee’s identification number, surname, first name and patronymic, and the amount of take-home pay. The payroll form also contains a column for signatures acknowledging receipt of the money.

References in periodicals archive ?
In addition, the state would be responsible for selecting investment options, the security of payroll deductions and employee savings, notifying employees of their rights, and creating a mechanism for enforcement of those rights.
So if you decide to not recommend payroll deduction, understand which parties will benefit from the decision and which won't.
But that case involved a total prohibition on union payroll deductions without singling out teachers or any other group of employees.
In Victoria, automatic payroll deductions were banned, practically overnight, when the Kennett Government prohibited public service departments from making automatic payments of union dues.
Payroll deduction is a very convenient way to make your donation.
Employer-provided long-term health care policies require that the employer pay for a specified base amount of coverage--usually a monthly benefit ranging from $500 to $2,000 per month--while offering employees the option to supplement that coverage through payroll deduction.
The preamble amplifies this requirement by stating that the substantiation requirement will not apply to contributions made by payroll deduction unless the employer deducts $250 or more from a single paycheck "to a donee organization.
Payroll deduction schemes enable workers to automatically transfer money into credit union savings accounts each month, and participate in long-term saving.
Of the advisers surveyed, 59% responded that their clients would be very likely to start using a 529 if the investor's employer offered an after-tax payroll deduction into a 529 account, and 19% of advisers said their clients would certainly start using a 529 if employers offered such deductions into these accounts.
We are urging all members on payroll deductions to make the switch to direct debit, as members who stay on payroll deductions leave themselves vulnerable to becoming un-financial, should the state government suddenly remove the option of payroll deductions.
Access to online renewal will be extended to all other RNs in New Brunswick participating in payroll deduction in the fall of 2010.
Anti-tax activist Bill Sizemore, who is behind the measures, believes that government, through its payroll deduction system, should not, for example, help unions that represent public employees - teachers, nurses and firefighters - collect dues via payroll deduction when some of the collected money will go toward political campaigns.