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Explain the various earnings included in pay roll accounting.
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various earnings included in pay roll accounting.
Explanation:
Payroll accounting is essentially the calculation, management, recording, and analysis of employees' compensation. It includes whatever base salary an employee receives, along with other types of payment that accrue during the course of their work, which.
Earnings and wages are defined as "the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including homeworkers), in return for work done during the accounting period", regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly .
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