Term
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Definition
| include the policies and procedures that employees follow in acquiring and maintaining human resources, capturing and maintaining employee dat, paying the employees their time worked, and recording the related cash and payroll liabilities and expenses |
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Term
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Definition
| include the policies and procedures involved in purchasing property; capturing and maintaining relevant data about the assets; paying for and recording the related assets; recording depreciation and other expenses; and accounting for gains or losses |
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Term
| human resources department |
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Definition
| responsible for maintaining records for each job and each employee within the organization, as well as tracking job vacancies and supporting the company's recruitment efforts. |
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Term
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Definition
| used to map out the jobs and reporting relationships |
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Term
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Definition
| is the record of hours worked by an employee for a specific payroll period |
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Term
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Definition
| a complete listing of salary or wage detail for all employees for a given time |
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Term
| payroll disbursements journal |
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Definition
| is prepared to provide a listing of all paychecks written, in check-number sequence, with the total supporting the amount of payroll funds transferred to the payroll bank account |
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Term
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Definition
| the person who distributes paychecks to employees |
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Term
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Definition
| is a financial plan detailing all of the company's investments in fixed assets and other investments |
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Term
| fixed asset subsidiary ledger |
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Definition
| a detailed listing of the company's fixed assets, divided into categories consistent with the general ledger accounts |
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Term
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Definition
| phase refers to the processes required to maintain accurate and up-to-date records regarding all fixed assets throughout their useful lives |
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Term
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Definition
| the record detailing the amounts and timing of depreciation for all fixed asset categories except land |
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Term
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Definition
| an entity who receives a paycheck, but who does not actually work for the company |
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