Accrued payroll is another term for accrued wages and salaries, which are labor costs that companies incur over time. Because companies pay employees wages and salaries periodically, daily journal ...

At times companies have deductions from employee paychecks. These deductions include things such as FICA, Federal Withholdings, Wage Garnishment and 401k's. In order to keep a proper set of books, the ...

Financial accounting is a multi-step process for companies following double-entry methods. The first and most important step begins with a journal entry: the recording of financial information related ...

A “Download” window will open in Excel letting you know that your document is in the process of being created. Click the “Close” button once the Journal Entry template has finished downloading into ...