The below image displays the left side of a paycheck where the gross earnings are listed. Gross earnings are the amount before deductions are subtracted from the paycheck. This is an hourly employee.
Descriptions of Earnings headings in gray:
Descriptions of items under “Cash Taxable Income”:
Click here for a complete listing of pay codes
Explanation of “Non-Cash Taxable Income”:
GTL – Group Term Life – Amount of GTL that is added to employee’s wage, because it is taxable. This small amount increases the gross earnings and then taxes and deductions are subtracted from the increased total.
This amount is added to employee’s wages, because they are taxable. These amounts increase the gross earnings and then taxes and deductions are subtracted from the increased total.
Now, add all of the amounts up in the Current column and this totals the Gross Earnings or as the paycheck lists it - Gross Pay. On this check, the amount is $2302.48.
The amounts listed in the YTD and FYTD columns are running totals of what has been paid.
Click on the next tab for deductions.