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.

Payroll compliance has become an increasingly complex aspect of business operations. With ever-changing federal, state, and local regulations, companies must remain vigilant to avoid penalties, fines, ...

The increasing popularity of prepaid cards, and especially payroll and government benefits cards, is driving up transaction volume at two of the biggest surcharge-free automated teller machine ...

Whether it’s a direct deposit, account transfer, or bill payment, most financial transactions take at least a couple of days to process. That’s about to change, though. Financial institutions process ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...

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 ...

With gift cards accounting for more than $17 billion in retail sales, or about 8% of merchants' total take, during the recent holiday shopping spree, according to the National Retail Federation, the ...

In the hunt for a trustworthy partner, a prepaid card issuer and payment card network probably couldn't do better than the Better Business Bureau. That's the theory, at least, behind the new ...

Decentralized HR Representatives (DHR) are staff members designated by the college or department for a specified area of responsibility. DHRs play a vital role in the successful and timely delivery of ...