PAYROLL Definition

Bookmark and Share

PAYROLL, dependent upon usage, can mean a. the total amount of money paid in wages; b. a list of employees and their salaries; or, c. the department that determines the amounts of wage or salary due to each employee.

Learn new Accounting Terms

LINE ITEM is one item from a group of many items, e.g. one inventory item from the list of all inventoried items or one budgeted item from a financial budget.

SALES INVOICE is a document that records the sale of goods or services from a vendor to a customer.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.