When finishing the history for the payroll ledger -

Question

Quizplus · Accepted Answer

The employee history in a payroll ledger typically represents a record of past transactions and calculations, such as income earned and taxes paid. Once finalized, this history is generally not altered to maintain the integrity of historical data and ensure compliance with accounting principles and legal requirements. Changes to personal information, default deduction amounts, and corrections to future income and taxes can usually be made, but the historical record of what was paid and deducted in the past is preserved.

When Finishing the History for the Payroll Ledger -