Payroll reconciliation is the process of comparing your payroll expenses to the actual money paid out and deducted, in order to ensure accuracy. This involves verifying that the net pay amounts on payroll registers match what was actually paid to employees.
FnF, which stands for Full and Final, is a financial settlement made between two parties to fully close outstanding dues, liabilities, or contractual obligations. It signifies a complete and final payment towards any amounts owed between two individuals, companies, or organizations.
Personal Information Management (PIM) provides strategies and tools to effectively collect, store, organize, search, retrieve and share personal information. The goal is to boost productivity and efficiency by reducing the time spent on day-to-day administrative tasks and avoiding information overload.
PTO stands for paid time off. It refers to a consolidated approach to employee time off that combines vacation, sick days, and personal days into one single “paid time off” category.
ATT stands for “Attendance Tracking” in the world of HR acronyms. It refers to the systems, tools and processes used for tracking employee attendance, time off, leaves of absence, overtime, schedules, and related workforce data.
