 Hello in this lecture we will define payroll bank account according to fundamental accounting principles while the 22nd edition the definition of payroll bank account is bank account used solely for paying employees each pay period and amount equal to the total employees net pay is deposited in it and the payroll checks are drawn from it therefore the payroll bank account is going to be another checking account a checking account separate from the general checking account if we look at the trial balance we will see the checking account and then a new account for the payroll bank account most of the time the payroll bank account will have a zero balance in it except for that point in time when we're processing the payroll which would look something like this we have the general checking account we're going to determine what the cash amount of payment will be for processing the payroll take that amount out of the general checking account transfer it to the payroll checking account and then up