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Employee Deductions
The purpose of the deduction record is to identify and process employee deductions.  Deductions are usually voluntary, that is the employee has elected to have the deduction withheld from one’s pay.  The employer pays the deduction amounts to the payee or deduction vendor.  Deductions can be of a fixed amount, or calculated base upon hours or earnings.  Deductions may be deferred from tax calculations such as a 401k.
employee deductions,