User-defined payroll expenses -

Question

Quizplus · Accepted Answer

User-defined payroll expenses are expenses that are specific to the employer and are linked to both liability and expense accounts. They are not the same as other employer payroll expenses such as contributions to Employment Insurance (EI). They are entered into the system, and the accounts are credited with the amount of the expense, while the liabilities are debited. The amount of user-defined payroll expenses may differ by employee or group of employees.

User-Defined Payroll Expenses -