Remove Flexible Spending Remove Payroll Software Remove Payroll System
article thumbnail

What are The Pre-Payroll activities? A detailed overview

Qandle

Benefits and Deductions: Collect information related to employee benefits and deductions, such as health insurance, retirement contributions, flexible spending accounts, loan repayments, or garnishments. Payroll Reconciliation: Before processing payroll, perform a thorough reconciliation of all payroll-related accounts.

Payroll 98
article thumbnail

10 steps to maintain end-of-year payroll compliance

Business Management Daily

Hand-written checks are sometimes issued to employees on their last day in order to meet legal requirements for paying out employees upon termination if the employer is unable to process a special paycheck request in their payroll system outside of the regular payroll schedule.

Payroll 52