Payroll


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Payroll

 

an accounting document designed for recording payments of wages to workers and to clerical and professional employees. It can be compiled for the enterprise or organization as a whole and for individual shops and sections, according to categories of employees, pay lists, or individual pay statements. In contrast to the other documents used in disbursing wages (pay lists or orders), the payroll gives only the employee’s identification number, surname, first name and patronymic, and the amount of take-home pay. The payroll form also contains a column for signatures acknowledging receipt of the money.

References in periodicals archive ?
By integrating with leading accounting and HR applications, Payroll Mate eliminates the need to use expensive payroll processing features offered by the vendors of these applications.
Accountant-Centric solutions add a new dimension to traditional payroll processing channels.
Payroll increases in county financial administration statewide were approximately 45 percent during the same period, and payrolls for general government administration were up almost 41 percent during the same time frame.
High Plus High Equals Low -- A high UI-rated account with a large payroll is transferred into another high UI-rated account with a small payroll at the beginning of the year.
But in other respects, the work-tax system, and the payroll tax in particular, is an insane penalty on work and on the employers who provide it.
Among other things, the Kerrey-Simpson plan would increase the retirement age from 67 to 70 over 35 years, reduce the formula for Social Security cost-of-living increases, and force workers to invest two percentage points of their payroll taxes privately.
The court rejected this characterization because payroll checks were approved and initialed by a bank officer: "Although the overdrafts were secured by the agreements relating to the general credit line, the bank, through [its officer] knew it was supplying funds specifically for wages.
TEI has previously supported the reform of the payroll tax deposit system.
The solution integrates the QuickBooks Payroll to Dynamics NAV, and all payroll administration is run entirely inside QuickBooks.
Can be used as QuickBooks payroll alternative with the ability to export payroll data to QuickBooks software.
The Yankees, with baseball's largest payroll, have 17 players who will earn more than $1 million this season.
The payroll system solution was selected in 1995 by a small cross-functional team from human resources, HR information systems, benefits, compensation, corporate tax, pension, payroll and management information systems.