This page (revision-12) was last changed on 26-Nov-2021 10:22 by JEscott

This page was created on 26-Nov-2021 10:22 by JEscott

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GENERAL LEDGER
GENERAL LEDGER

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At line 48 changed one line
Burden assumes you are using an estimate or "averaging" method of cost accounting, by burdening your labor costs for a percentage in respect of fringes. One of the main reasons for using burden is for timeliness sake as Labor G/L can be run on a daily basis as time is entered prior to paying the employee.
__Burden__ assumes you are using an estimate or "averaging" method of cost accounting, by burdening your labor costs for a percentage in respect of fringes. One of the main reasons for using burden is for timeliness sake as Labor G/L can be run on a daily basis as time is entered prior to paying the employee.
At line 50 changed one line
Fringe on the other hand is a more accurate (but less timely) method of apportioning or allocating expenses after the employee is being paid.
__Fringe__ on the other hand is a more accurate (but less timely) method of apportioning or allocating expenses after the employee is being paid.
This page (revision-12) was last changed on 26-Nov-2021 10:22 by JEscottTop