At many organizations, the question of what business unit should oversee the payroll function will produce the following answer: “Accounting, of course.” Then human resources will enter the ...
Payroll accounting helps employers stay on top of what they owe employees and understand how worker compensation impacts cash flow. Accounting is a critical part of every business, but have you heard ...
While lots of HR vendors have ‘fast’ implementation methodologies, there’s still one area that takes a lot of work and often gets shortchanged in the implementation: payroll’s interface/integration ...
Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...
Accounting for both the employee's and employer's portion of payroll and withholding taxes is often confusing for first time employers. For the employees' share, taxes have to be calculated based on ...