What are the Basics of Payroll Accounting?
For an employer, running payroll involves the issuing of checks & direct deposits, the handling of payroll deductions/contributions, and the tracking of expenses. While it can be a frustrating and time-consuming task, payroll is extremely important. Companies that fall behind on their payroll end up facing serious problems, potentially even legal sanctions. Accounting is the …
Continue reading "What are the Basics of Payroll Accounting?"