Workers' Compensation Overview
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Description
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Workers’ compensation codes are used to determine workers’ comp premiums for employees.
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Concepts Video Gallery
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Workers’ compensation codes are used to determine workers’ comp premiums for employees.
Earnings identify different types of employee compensation for services provided. Earnings can also include specific parameters such as accounting rules, tax laws, and reporting requirements.
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A general ledger is a journal containing accounting transactions related to a company’s assets, liabilities, equity, revenue, and expenses.
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An accrual policy defines how and when balances associated with accrual codes are credited and debited.
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A job can have defined attributes or describe a specific role.
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A deduction is a monetary amount subtracted from an employee’s taxable income that reduces the amount paid on a pay statement.
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Manager access control points (ACPs) allow organizations to provide access to specific Timekeeping features for identified groups of managers, such as viewing Dataviews and performing group edits.
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