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A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.
Payroll components may include reimbursements for some expenses that an employee bears on behalf of the company. In many cases this helps an employee save taxes. An employee typically has to submit some bills to validate the actual amounts. This has to then be approved typically by their manager and finance team.
APS Payroll, also known as Automatic Payroll Systems, [1] is an American company that provides cloud-based payroll and human resources software for mid-sized businesses. The company was founded in 1996 as a licensed DOS-based software to process payroll locally. The company's headquarters is located in Shreveport, Louisiana. [2]
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A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...
Fleet Management is a function which allows companies which rely on transportation in business to remove or minimize the risks associated with vehicle investment, improving efficiency, productivity and reducing their overall transportation and staff costs, providing 100% compliance with government legislation (duty of care) and many more. These ...
Cormack then founded Brightree in 2005, a business management and clinical software company. [1] Cormack served as the president and CEO of Brightree, before selling the company to ResMed for $800 million USD in 2016. [1] Cormack was awarded an Honorary Doctorate in Business (DBA) by Robert Gordon University in July 2024.