Journal Entries. When recording your employees’ benefits in your payroll or general ledger, list the amounts you withheld from their paychecks for benefits under the respective accounts as credits. When recording wages paid, include fringe benefits paid to your employees, as a debit .
Read moreWhat benefits do you offer your employees?
10 Most Commonly Offered Employee Benefits
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20 Companies With the Best Benefits
Read moreWhat Justworks offers and the advantages of using our platform?
For example, Justworks’ platform can manage paid time off, handle simple time cards, organize important documents, enroll in benefits online, and make individual payments to vendors and contractors .
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