G gilboy Registered User Messages 178 15 Apr 2009 #1 Hi If I have 2 employees, when I am preparing my P&L account, should the wages expense figure include the employer PRSI contribution for these 2 employees. I assume it does not include employee PRSI, income tax, levies etc Thanks!
Hi If I have 2 employees, when I am preparing my P&L account, should the wages expense figure include the employer PRSI contribution for these 2 employees. I assume it does not include employee PRSI, income tax, levies etc Thanks!
D Domo Registered User Messages 754 15 Apr 2009 #2 The wages should include your actual costs - this will be their gross pay (not their net pay) and employer's PRSI. (The tax, employee PRSI and levies are deducted from the employee from the gross pay, so ignored).
The wages should include your actual costs - this will be their gross pay (not their net pay) and employer's PRSI. (The tax, employee PRSI and levies are deducted from the employee from the gross pay, so ignored).