Legal Entities

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A Legal Entity is any entity that has legal rights and responsibilities from a payroll perspective. The legal entity information such as trade name and address will appear on pay stubs and tax forms.

NOTE: TimeTrex supports more than one Legal Entity, however this feature is only available in the Professional, Corporate and Enterprise Editions. If you are interested in upgrading, please go to our website www.timetrex.com.

To add a new Legal Entity:

Click Company, then click Legal Entities.
Click New in the button bar.
Complete the fields and click the Save button.

See the Basic Operation section for details on viewing, adding, editing and deleting.

Legal Entity Tab

FIELD

DESCRIPTION

Status

Select a status for the legal entity.

STATUS	DESCRIPTION
Active	This entity is an active business.
Closed	This entity is no longer an active business.

Type

The business structure of the legal entity such as partnership, corporation etc.

Classification Code

The North American Industry Classification System (NAICS) classification code for this legal entity.

Legal Name

The full legal, registered name of this entity.

Trade Name

The name under which this entity does business, other than the legal name. Often referred to as "doing business as" or "dba".

Start Date (Optional)

The date this legal entity began business.

End Date (Optional)

The date this legal entity ceased business.

Logo

Upload an image file containing the legal entity logo.