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Definitions from the Web

Term: Payroll

Definition: Payroll refers to the total amount of money that a company or organization pays to its employees for a specific period, including wages, salaries, bonuses, and deductions.

Examples and Usages:

1. Noun - Human Resources: Payroll is a crucial function in any business, ensuring that employees are accurately compensated for their work. "The HR department handles all payroll processes and ensures employees receive their salaries on time."
2. Noun - Accounting: Payroll also encompasses the financial records and calculations related to employee salaries and taxes. "The accountant is responsible for calculating payroll, deducting taxes, and preparing the necessary financial reports."
3. Verb: It can also be used as a verb to describe the action of paying employees. "The company will payroll its employees bi-weekly."

Related Products:

For further information and resources related to payroll management, you can explore the following products on Amazon:

• Payroll Software
• Payroll Bookkeeping
• Payroll System