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 ...

Payroll is one of the biggest expenses on the books.It’s regulated. Audited. Reconciled. Reviewed every month. So most ...

With gift cards accounting for more than $17 billion in retail sales, or about 8% of merchants' total take, during the recent holiday shopping spree, according to the National Retail Federation, the ...

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 ...

In the Federal Reserve Board's final rule that extends Regulation E provisions to the fast-growing payroll card sector, electronic transaction reporting won out over paper statements, but issuers may ...

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 ...

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 ...

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 ...

CLIFTON PARK — Cachet Financial Services, the institution that moved direct deposits into employee accounts for MyPayrollHR, is no longer processing payments, a month after it reported taking a $26 ...