Payroll Accounting Meaning Examples Journal Entries
What is Payroll Accounting? Explanation The accounting functionAccounting FunctionAccounting functions are financial systems that help in the bookkeeping of financial information in an organization, financial analysis, summary creation, reporting of transactions and act as the backbone for almost any business. Accounting as a system tries to identify, assess and record the transactions of financial nature in a very systematic approach.read more looks into reconcilingReconcilingReconciliation is the process of comparing account balances to identify any financial inconsistencies, discrepancies, omissions, or even fraud....