How do LD Suspense and Organization Labor Schedule Default accounts work?
Using the organization default labor schedule is a keying and maintenance shortcut for labor schedules. An organization default labor schedule is defined at the organization level. This eliminates the need for an individual labor schedule to be entered for each employee in the organization. Only the labor schedules that differ from the organization default labor schedule need to be entered for the employee.
Related Questions
- Must a labor organization report payables in Schedule 8 that are disputed by the union, or should they be reported in Item 69, Additional Information?
- Do the Vacation Entries need to be moved out of Organization Suspense Accounts?
- How do LD Suspense and Organization Labor Schedule Default accounts work?