Payroll Accounting: Key Concepts
The key terms in this section are:
- 401 (k) Plan
- Accumulated earnings
- Commission
- Deduction
- Direct deposit
- Electronic badge readers
- Employee earnings record
- Gross earnings
- Net pay
- Overtime rate
- Pay period
- Payroll
- Payroll clerk
- Payroll register
- Salary
- Time card
- Wage
- Withholding allowance