Do you have an effective and thorough reconciliation process to catch payroll errors?
Are you withholding and reporting all nonstatutory and statutory deductions correctly? It's the payroll professional's responsibilities to have effective payroll reconciliation and reporting processes to verify and to ensure employees are paid timely and accurately. If not managed correctly, it can be costly to an employer and in some cases it can lead to internal and external audits.
An effective reconciliation process will allow you to catch and correct errors before the employees are paid. As accounting and payroll professionals we must also withhold, reconcile and report the appropriate payroll taxes to the various tax authorities.
Learning Objectives
- You will be able to identify reconciliation control deficiencies.
- You will be able to discuss the best approach to test and confirm payroll withholding tables for the appropriate set-up.
- You will be able to explain the effective way of dealing with the IRS and state tax authorities.
- You will be able to review the employer's fiduciary duty for withholding and reporting retirement contributions.
This live webinar covers these hot issues
- Identify Reconciliation Control Deficiencies
- How to Utilize the Payroll Registers to Validate and Report Payroll Taxes
- The Best Approach to Test and Confirm Payroll Withholding Tables for the Appropriate Set-up
- How to Immediately Rectify Any Payroll Withholding Issues With the Various Tax Authorities
- How to Utilize Trend Analysis Approach to Identify Overpayment of Wages
- Best Approach to Reconcile Payroll Data to the General Ledger
- The Effective Way of Dealing With the IRS and State Tax Authorities
- Best Approach to Develop an Effective Internal Controls Process to Ensure 100% Error Free Payroll and Reporting
Credit Information (Sponsored by Lorman Education Services)
- CPE
- AIPB
- SHRM
- NASBA
- HR Certification Institute
For Detailed Credit Information page
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Only registered attendee will receive continuing education credit.
Faculty
Clarissia L. Harris, CPP, MBA, Guarantee Payroll Service of Atlanta
- Payroll professional with more than 20 years of experience in both teaching and managing payroll
- Taught several Certified Payroll Professional (CPP) training courses throughout the United States
- Her extensive work experience includes Science Application International Corporation in San Diego, California, IBM Internet Security Systems and KPMG
- Currently, she is a payroll manager for a large Security Exchange company in Atlanta, Georgia
- M.B.A. degree in management and B.A. degree in human resources, with a minor in accounting, Troy State University; six sigma greenbelt certified from Georgia State University