Examlex
What is organization breakdown structure?
Gross Wages
The total amount of an employee's earnings before any deductions are made for taxes, benefits, and other payroll withholdings.
Tax Withholdings
Amounts of money withheld from an employee's salary by an employer for payment of taxes.
Pay Payroll Liabilities
The process of compensating employees and settling amounts owed for payroll taxes, insurance, and other deductions.
Reconcile Payroll
The process of verifying and adjusting the accuracy of payroll records to ensure they match transaction records.
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