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Payroll Terms Lexicon
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Payroll Terms Lexicon
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Payroll-Processing
Payroll-Processing
23
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4
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Payroll Processing
Direct Deposit
Payroll-Processing
What direct deposit means in payroll, how it works operationally, and why it changes the payment method rather than the pay calculation.
Read more about Direct Deposit.
Payroll Processing
Final Paycheck
Payroll-Processing
Employer-Obligations
What a final paycheck means in payroll, why it needs special handling, and how it differs from an ordinary payroll run.
Read more about Final Paycheck.
Payroll Processing
Gross-to-Net Pay
Payroll-Processing
Pay-Basics
What gross-to-net pay means in payroll, how the calculation works, and why it connects most paycheck terms together.
Read more about Gross-to-Net Pay.
Payroll Processing
Gross-Up
Payroll-Processing
Payroll-Tax
What a gross-up means in payroll, when payroll uses it, and how it differs from an ordinary gross-to-net calculation.
Read more about Gross-Up.
Payroll Processing
Manual Check
Payroll-Processing
What a manual check means in payroll, when it is used, and how it differs from ordinary scheduled payroll payment.
Read more about Manual Check.
Payroll Processing
Negative Net Pay
Payroll-Processing
Payroll-Deductions
What negative net pay means in payroll, why it happens, and why payroll treats it as an exception condition.
Read more about Negative Net Pay.
Payroll Processing
Net-to-Gross
Payroll-Processing
Payroll-Tax
What net-to-gross means in payroll and how it relates to gross-up calculations.
Read more about Net-to-Gross.
Pay Cycles and Periods
Off-Cycle Payroll
Pay-Cycles-and-Periods
Payroll-Processing
What off-cycle payroll means, why employers run it, and how it differs from a regular payroll schedule.
Read more about Off-Cycle Payroll.
Payroll Processing
Paper Check
Payroll-Processing
What a paper check means in payroll, how it differs from direct deposit, and where it fits in payroll operations.
Read more about Paper Check.
Payroll Processing
Payroll Adjustment
Payroll-Processing
What a payroll adjustment means, when payroll uses it, and how corrections move through current or later payroll processing.
Read more about Payroll Adjustment.
Payroll Software and Operations
Payroll Close
Payroll-Software-and-Operations
Payroll-Processing
What payroll close means, how it fits after the payroll run, and why it matters to payroll control and follow-up.
Read more about Payroll Close.
Payroll Processing
Payroll Funding
Payroll-Processing
Employer-Obligations
What payroll funding means, how it fits into payroll operations, and why it matters before pay is released.
Read more about Payroll Funding.
Payroll Processing
Payroll Processing
Payroll-Processing
Terms for the step-by-step payroll workflow, from time capture and pay calculation to funding, remittance, and reconciliation.
Read more about Payroll Processing.
Payroll Processing
Payroll Reconciliation
Payroll-Processing
Compliance-and-Recordkeeping
What payroll reconciliation means, how payroll teams use it, and why it matters before and after payroll is finalized.
Read more about Payroll Reconciliation.
Payroll Processing
Payroll Register
Payroll-Processing
What a payroll register is, how payroll teams use it, and how it differs from an employee pay stub.
Read more about Payroll Register.
Payroll Software and Operations
Payroll Run
Payroll-Software-and-Operations
Payroll-Processing
What a payroll run means, how it works in payroll operations, and why it is more than just the payday itself.
Read more about Payroll Run.
Payroll Processing
Replacement Check
Payroll-Processing
What a replacement check means in payroll, when it is used, and how payroll keeps the original and replacement events straight.
Read more about Replacement Check.
Pay Basics
Retro Pay
Pay-Basics
Payroll-Processing
What retro pay means in payroll, why it happens, and how it differs from ordinary current-period earnings.
Read more about Retro Pay.
Pay Basics
Severance Pay
Pay-Basics
Payroll-Processing
What severance pay means in payroll, when it appears, and how it differs from ordinary ongoing compensation.
Read more about Severance Pay.
Payroll Processing
Split Deposit
Payroll-Processing
What a split deposit means in payroll, how it works, and why payment distribution is separate from paycheck calculation.
Read more about Split Deposit.
Pay Basics
Vacation Payout
Pay-Basics
Payroll-Processing
What a vacation payout means in payroll, when it appears, and how it differs from ordinary vacation pay.
Read more about Vacation Payout.
Payroll Processing
Voided Check
Payroll-Processing
What a voided check means in payroll, when it happens, and why payroll must reverse the original payment status carefully.
Read more about Voided Check.
Payroll Processing
Wage Advance
Payroll-Processing
Pay-Basics
What a wage advance means in payroll, when it appears, and how it differs from ordinary scheduled payroll.
Read more about Wage Advance.