Accounting




December 22, 2006

What is the difference between biweekly and semimonthly payroll?

Biweekly payroll involves paydays that occur 26 times per year, such as every other Friday.

Semimonthly payroll refers to paydays that occur 24 times per year, such as paydays that occur on the 15th day and the last day of every month.

Learn more about Payroll Accounting.






Suggest a Question

Subscribe to Q&A



Comments

One Response to “What is the difference between biweekly and semimonthly payroll?”

  1. MJ on June 5th, 2008 10:22 am

    Is there any federal law that governs the following:

    Based on semi-monthly payroll, when is it appropriate for an employer to pay its employees if the 15th day or the last day of the month occurs on a weekend day?

    Thank you for your assistance.

Leave a Reply




Bookkeeping Test

16 Accounting Exams

Accounting Crosswords