We break down payroll’s complex terms from A to Z for easy understanding.

Gross Pay: What It Is and Why It Matters Gross pay, sometimes called gross wages or gross income, represents the total amount an employee earns from their employer before any

Gross Misconduct: Definition and Key Insights Gross misconduct refers to actions by an employee that are so serious they justify immediate dismissal without prior warnings. These behaviors represent a major

Gross Earnings: Definition and Explanation Gross earnings represent the total income an employee earns over a given pay period before any deductions, such as taxes or benefit contributions, are applied.

What Is a General Ledger and Why It Matters A general ledger is the central repository of a company’s financial records. It tracks every financial transaction and includes a complete