A payroll statement is a document that details an employee's earnings and deductions for a given pay period. It is usually issued by the employer to the employee on a regular basis, after each pay period. It provides the employee with a clear breakdown of their earnings and deductions.
Payroll statement is a customized statement as compared to quick salary statement which is system generated. The payroll statement is entirely based on the configuration. Admin can modify or add components according to the requirement.
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