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What’s a Payroll Reconciliation, and Why Do I Need One? Part II

In my first post on payroll reconciliation,  I suggested a good reconciliation for small payrolls (up to 150 employees).  For payrolls of a larger size, up to 3000 employees, you may want to use the “Compare” method. For this, you’ll need some reports, possibly custom, from your payroll system.  These reports will detail earnings by …

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What’s a Payroll Reconciliation, and Why Do I Need One? Part I

No matter the size of your payroll, you know that payroll is one of the largest expenses your company incurs.  It’s necessary for you to take steps to verify your totals.  Here are some things you need to verify: Does the total payroll align with the previous payroll?  Are the numbers reasonable? If there is …

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