Glossary definition

What are memo deductions or memo earnings?

Memo Deductions or Memo Earnings

Deductions or earnings that should not affect the employee’s pay. For example, if you want to record a line item for uniforms on the employee’s paycheck but the employee paid for the uniform with cash, you could create a memo deduction but not withhold the amount from the employee’s pay.

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What are memo deductions or memo earnings?