Vacation Pay Expense

Business, Legal & Accounting Glossary

Definition: Vacation Pay Expense


Vacation Pay Expense


Full Definition of Vacation Pay Expense


Vacation pay expense is a general ledger account in which the amount of vacation pay earned by employees is recorded. At the end of each reporting period, the amount in the account is updated to reflect the additional expense incurred as a result of employee time worked during the period.


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https://payrollheaven.com/define/vacation-pay-expense/
Modern Language Association (MLA):
Vacation Pay Expense. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
June 27, 2022 https://payrollheaven.com/define/vacation-pay-expense/.
Chicago Manual of Style (CMS):
Vacation Pay Expense. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/vacation-pay-expense/ (accessed: June 27, 2022).
American Psychological Association (APA):
Vacation Pay Expense. PayrollHeaven.com. Retrieved June 27, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/vacation-pay-expense/

Definition Sources


Definitions for Vacation Pay Expense are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th April, 2022 | 3 Views.