Pay period is the length of time you have been working for 1 particular paycheque (usually two weeks or a month). Pay date is the exact day the paycheque is issued. Pay Date is the date the paycheck is issued. Pay Period is the frequency that the pay is issued. For example: Monthly pay period or weekly pay period. I get paid 2 times a month and it goes to my bank on the day BEFORE the 15th and last day of the month OR if that falls on the weekend then the Friday before.
The difference between a discounted pay back period and a pay back period is the amount of money that needs to be paid. During a discounted pay back period a creditor might settle for a lesser amount of money if the debt is paid in full at the discount by a certain date. A pay back period will mean additional funds to be paid including interest.
Pay period just ended after the business date of 5/24/2011. Pay periods are 2 weeks long.
Net pay is the amount an employee takes home after all deductions, such as taxes and benefits, have been subtracted from their gross pay for a specific pay period. Year-to-date (YTD) net pay, on the other hand, represents the total net pay an employee has received from the beginning of the year up to the current pay period. Essentially, while net pay reflects earnings for a single pay period, YTD net pay provides a cumulative total for the year.
Pay period
A pay statement is a detailed record of an employee's earnings and deductions for a specific pay period, usually provided electronically. A pay stub is a physical document attached to a paycheck that shows the breakdown of earnings, deductions, and net pay for that pay period.
Check date.
401k contributions are typically determined by pay period, not pay date. This means that the amount contributed to a 401k account is based on the earnings received during each pay period, regardless of when the paycheck is actually issued.
The draw period is the time when you can borrow money from the loan, while the repayment period is when you have to pay back the borrowed amount, typically with interest.
A bank statement shows all transactions in and out of your bank account, while a pay stub details your earnings and deductions from a specific pay period.
can u pls give me the difference between basic and net pay
Nothing.
DA mean documents against acceptance, where company give acceptance to pay their liabilities on due date, but he can pay remit the DA before its due date , but in case of Letter of Credit, UCP are not allowed to pay the LC liabilities before its due date. Thanks Anup Das