Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and examples illustrating its principles.

Payroll accruals are sums that your business owes to workers for hours they have worked. Because few companies pay employees immediately, there is usually a lag time between the end of a pay period ...

Commission is a form of payment for an agent who played a role in facilitating a transaction. Some employers choose to pay employees commission to encourage sales productivity. It is an employer's ...

Have you ever started to review your financials at the end of the month and noticed that labor and wages are really, really high? What was the reason? If the answer was that you were coming to the end ...

There are a number of deductions that will occur from most employee’s compensation. Among these are applicable federal and state income taxes. Social Security deductions are also taken from each ...

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 ...

The rise of hybrid work models has fundamentally changed how organisations manage their workforces. While flexible schedules ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Liabilities are a fact of life for a business owner.

In the last few months of his tenure with the BPD, he transferred divisions, during which his accrued vacation leave of more than 110 days did not transfer over in the payroll system, Baltimore ...

Have you ever started to review your financials at the end of the month and noticed that labor and wages are really, really high? What was the reason? If the answer was that you were coming to the end ...