Reconciliation in accounting involves verifying transactions are in balance and apply to the correct account. For instance, when reconciling payroll, a payroll transaction involves different accounts.

Every company that hires employees needs to manage the payroll process. Payroll processing involves calculating the total gross pay for each employee, subtracting the deductions and determining the ...

Ripple CEO says XRP could enable daily or hourly wages through instant payroll payments, revolutionizing salary cycles and ...

Organizations around the world are currently going through a phase of rapid digital transformations. Advent of modern technology has raised questions about the efficacy of outdated payroll systems ...

To build employee trust, employers will need to maintain oversight of payroll, provide transparency and communicate clearly, ...

If gone undetected, ghost employee schemes can result in significant fraud due to the size and frequency of payroll transactions.(Photo: Shutterstock) The risk of fraud happening in your business or ...