The Pennsylvania Final Statement of Account of Compensation Paid is a document provided by the Commonwealth of Pennsylvania to employers and employees in the state. This statement itemizes the wages and other compensation paid to an employee during a specific period of time. It is typically issued on a quarterly basis and provides an overview of the wages, taxes, and deductions that have been withheld from an employee's salary. There are two types of Pennsylvania Final Statements of Account of Compensation Paid: the Employer's Statement and the Employee's Statement. The Employer's Statement is issued to the employer and is used to record and reconcile the wages and taxes for each employee. The Employee's Statement is issued to the employee and is used to track the wages and deductions taken from an employee's paycheck. Both statements include information such as the employee's name, social security number, wages paid, taxes withheld, and deductions taken.