accrued payroll definition
The amount of wages and related expenses that have been incurred by the employer (and earned by the employees) but have not yet been paid.
The amount of wages and related expenses that have been incurred by the employer (and earned by the employees) but have not yet been paid.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.