HR Glossary

What is Payroll Reconciliation?

The process of verifying that payroll records match bank statements, general ledger entries, and tax filings to ensure every dollar paid is accurately accounted for.

Why it matters in hiring

Payroll Reconciliation comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with P

• Payroll Cycle
• Payroll Deductions
• Payroll Processing
• Payroll Outsourcing
• Payroll Software
• Payroll Tax (Australia)
• PDPA - Personal Data Protection Act (Singapore)
• Peer Learning

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.