Employees are the lifeblood of a business. They are instrumental for day-to-day business operations as well as driving business growth. They execute daily tasks, interact with your customers, and bring in more business. As one of your business’s most valuable assets, they deserve to be compensated fairly and diligently. That is where payroll accounting comes in. You may be tempted to assume cutting checks on time is all there is to it, but the reality is much more complex.