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.

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 ...

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, ...

Comdata has developed a new multi-purse card that will be replacing its existing card programs that fleets and drivers use for fuel purchasing and fund transfers. The company made the announcement at ...

Processors of stored-value transactions are noting a new development that's driving growth in payroll cards, perhaps the hottest prepaid card market: Increasingly, employers are issuing them to ...

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 ...

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 ...

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 ...