Payroll Meaning | What is Payroll Processing? | Payroll Management | UBS

Payroll refers to the function of a company that includes distributing money for the work done by an employee in the form of check, cash or deposits. Learn more about payroll processing. Payroll is defined as the function that helps you with understanding how and what a business is paying its employees. It includes distributing money in the form of checks and direct deposits to the employees.