Section 706.401985 - Accounts for general and administrative expense: Salaries; vacation pay; payroll taxes; benefits1. The account for management salaries must include all compensation, salaries, bonuses and other consideration paid or payable to officers, managers, partners or proprietors. The account must not include compensation properly included in an account of any other functional division.2. The account for office salaries must include all salaries and payroll costs of office personnel that are incurred but are not properly chargeable to any other operating functional division.3. The account for general and administrative vacation pay must include all vacation pay paid to persons whose salaries are charged to an account described in subsection 1 or 2.4. The account for general and administrative payroll taxes must include all payroll taxes of persons whose salaries or vacation pay are charged to an account described in subsection 1, 2 or 3, including, without limitation, payments made pursuant to the Federal Insurance Contributions Act and the Federal Unemployment Tax Act, unemployment compensation paid pursuant to chapter 612 of NRS and costs of workers' compensation insurance.5. The account for general and administrative payroll benefits must include all costs incurred by the company for welfare and pension benefits of employees whose salaries are charged to this functional division.Nev. Admin. Code § 706.401985
Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002