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Paycheck. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll ...
e. 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. The person writing the cheque, known as the drawer, has a transaction banking account (often called a ...
Here’s a full breakdown of a pay stub so you can understand exactly what do with your paycheck: Employer/Company Address: The name and address of your employer. Employee No.: Your unique ID ...
Write the full, proper name of the person or company receiving the check on the “pay to” line. You’ll find it in the middle of the check, labeled “Pay to the order of.”
In accounting, a check register or checkbook register is a document, usually part of the general ledger, used to record financial transactions in cash. [1] References [ edit ]
Certified check. 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. Those funds are then set aside in the bank's internal account until the check is cashed or returned by the payee. Thus, a ...
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