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English to German translations [PRO] Bus/Financial
English term or phrase:liability amount
Begriff taucht in einem Softwareprogramm zur amerikanischen Payroll auf:
The payment type identifies how the addition is paid. Additions could be standard earnings like salary, regular pay, overtime pay, sick, vacation pay, or other additions to pay check. You could also setup payroll items for 3rd party payments and fringe benefits to withhold tax on their value. The default accounts required to be setup for each payroll item depends on the type of the item. In this case, additions to paycheck need only the expense account to be debited as the liability amount is credited to the take home pay of the employee. You can also select the department or cost center to be allocated this expense. Accounts different from the default can also be setup in an employee’s profile.