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June 25, 2021
Question

Why did the payroll deposit the gross amount and deduct the net amount?

  • June 25, 2021
  • 1 reply
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1 reply

john-pero
June 25, 2021

If you mean, why did payroll post gross payroll as an expense but only deduct the net paychecks from banking?  That's the way it works - taxes deducted are a current liability until paid when due. If not yet due then they should not be deducted. If you mean something else, please expand