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This saves the company money on printing and processing cheques and reduce the problem of fraud. However, vocabulary referring to the figurative "pay cheque" persists in some languages, but this commonly refers to a payslip or stub rather than an actual cheque.
It's essential to verify that each of your pay stubs contains your correct name, tax deductions, Social Security number, vacation balance and pay rate. In addition, you should make sure...
A stub is an article that, although lacking the breadth of coverage expected from an encyclopedia, provides some useful information and is capable of expansion.
Warrants were used in the 18th century by the military to authorize payments to soldiers and suppliers. George Washington, for example, signed warrants that ordered quartermasters to deliver money or acquire supplies. [2]
Cheque. For other uses, see Check. A cheque ( British English) or check ( American English ); is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
A certified check (or certified cheque) is a form of check for which the bank verifies that sufficient funds exist in the account to cover the check, and so certifies, at the time the check is written.
Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously made to employees, including salaries and wages, bonuses, and withheld taxes, [2] or the company's department that deals with compensation.
Checkdown. In American football, a checkdown pass is when the quarterback attempts to complete a short, accurate pass, typically to a running back or tight end, as a last option when the primary option (s) as designed by the play call are covered. The term means that the quarterback has "checked down" his list of receivers.
In accounting, a check register or checkbook register is a document, usually part of the general ledger, used to record financial transactions in cash.
A test stub is a test double that provides static values to the software under test. A test stub provides canned answers to calls made during the test, usually not responding at all to anything outside what's programmed in for the test.