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Remittance advice is a letter sent by a customer to a supplier to inform the supplier that their invoice has been paid. If the customer is paying by cheque, the remittance advice often accompanies the cheque. The advice may consist of a literal letter (e.g., "To Whom it May Concern: Your shipment of the 10th inst was received in good order ...
This brings the total federal payroll tax withholding to 7.65%.) Employers are required to pay an additional equal amount of Medicare taxes, and a 6.2% rate of Social Security taxes. Many states also impose additional taxes that are withheld from wages. Wages are defined somewhat differently for different withholding tax purposes.
Rain check (baseball) A combination ticket and rain check issued by the Allentown Cardinals in 1950. In baseball, a rain check is a ticket issued to spectators which admits them to the ballpark at a later date at no additional cost to the ticket holder. It is issued if a game is cancelled due to rain or other inclement weather, or if a game has ...
The Phoenix pay system is a payroll processing system for Canadian federal government employees, provided by IBM in June 2011 using PeopleSoft software, and run by Public Services and Procurement Canada. The Public Service Pay Centre is located in Miramichi, New Brunswick. It was first introduced in 2009 as part of Prime Minister Stephen Harper ...
Special journals (in the field of accounting) are specialized lists of financial transaction records which accountants call journal entries. In contrast to a general journal, each special journal records transactions of a specific type, such as sales or purchases. For example, when a company purchases merchandise from a vendor, and then in turn ...
Canby replaced TriMet's payroll tax with its own within the city, but at a somewhat lower rate, and also receives state and federal grants. [1] Due to the loss of state tax credits and recession-caused tax revenue decreases, CAT had to eliminate Saturday service, fixed-route service within Canby and trips to Wilsonville, as well as started ...
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