The Global Statement of Earnings (GSOE) aggregates all elements of compensation, benefits and allowances paid that are sourced from the Pay Register and Comp Accumulator. Elements from the Pay Register will only display on the GSOE when the status is equal to Approved. Elements from the Comp Accumulator will display on the GSOE when the approval status is equal to Unapproved or Approved.
The GSOE is a summary of all elements of compensation, benefits and allowances paid to an employee. Typically a GSOE includes the company costs and well as any employee contributions, and demonstrates the overall details of an employee’s compensation package. A GSOE is often created to provide detail to the tax provider as this is necessary for preparing home and host country tax returns.