Payroll Accrual Definition

Payroll accrual includes salaries, wages, bonuses, commissions, and benefits earned and payable to the employee.

Payroll Accrual Extended Definition

Payroll accrual, or accumulation, refers to the accrued wages and benefits earned and payable to employees. This is also referred to as payroll liabilities (aka money that you owe employees but haven’t yet paid them).