Profit & Loss Query

[gilboy]

Hi

Could somebody please confirm if the wages expense included in a Profit & Loss account should include Employer PRSI contributions

Thanks

 

[jpd]

yes

 

[NumbrCrunchr]

The P&L will definitely include Employers PRSI but it is often shown separately

 

[Josvill2010]

When budgeting Salaries costs for next year, I've added a 11% PRSI to the Gross Salary of the employee as this a cost to the company

So yes, PRSI belongs to PnL