Yes, FSA eligible contact lenses are typically covered under a flexible spending account.
No. Juvederm is considered a cosmetic procedure and not a medical need. It is not covered under your Flexible Spending Account.
An independent contractor can get a Flexible Spending Account (FSA) if they meet the qualifications to have an FSA. They must be covered under a high deductible health insurance plan and have no other health coverage. They can not be enrolled in Medicare or be claimed as a dependent on anyone's taxes.
Personal payroll medical information typically includes details about an employee's health insurance coverage, medical deductions from their paycheck, and any health-related benefits offered by the employer. It may also encompass information on flexible spending accounts (FSAs) or health savings accounts (HSAs), as well as contributions to retirement accounts that may be related to health benefits. Additionally, it may contain records of paid medical leave or disability benefits. This information is sensitive and is usually protected under privacy regulations like HIPAA.
Accounts
is preliminary expense comes under other assests in banking company accounts
flexible
Cafe deductions, also known as cafeteria plan deductions, refer to pre-tax payroll deductions for benefits offered under a cafeteria plan. These benefits may include health insurance premiums, flexible spending accounts, and other employee benefit options. By opting for these deductions, employees can reduce their taxable income, leading to potential tax savings. Such plans allow employees to choose from a variety of benefits tailored to their individual needs.
Accounts payable is a liability account. When something is purchased on account it falls under this category such as purchasing $10,000 worth of office supplies on account. You would debit the office supplies account under assets and credit accounts payable under liabilities.
as soon as you add active directory
Answer:The allowance for uncollectible accounts is a contra T-account to accounts receivable. Both are presented under current assets. The allowance can also be subtracted from accounts receivables, showing the net value (common for listed companies).
when petty cash falls under the accounts payable umbrella, what guidlines should be set?