Payroll Accounting Reconciliation and Why it matters

On-Demand Schedule Sun, May 31, 2020 - Sun, June 07, 2020
Duration 60 Mins
Level Basic & Intermediate
Webinar ID IQW19F0663

  • 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

Overview of the webinar

Do you have an effective and thorough reconciliation process to catch payroll errors? Are you withholding and reporting all no statutory 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

Who should attend?

  • Payroll Professionals
  • Accountants
  • Business Owners
  • HR/Benefits Professionals

Why should you attend?

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.

Faculty - Ms. Clarissia L. Harris, CPP, MBA

Clarissia L Harris, CPP, is a payroll professional with over 20 years of experience in teaching and managing payroll. Her extensive work experience includes working with Science Application International Corporation, IBM Internet Security Systems, and KPMG. Currently, Ms. Harris is a Payroll Manager for a large security exchange company in Atlanta, Georgia. She has taught payroll and accounting classes throughout the United States. Clarissia received a B.A. in Human Resources with a concentration in Accounting and an MBA in management.
 

Credits

ComplianceIQ is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for [1] PDCs for the SHRM-CPSM or SHRM-SCPSM. For more information about certification or recertification, please visit www.shrmcertification.org.

HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org

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