Payroll Accounting
Hitesh Desai
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| Structural Design/Setup | | | | | |
| Design, Test, Formalize and Document all Payroll workflows | Y | | Y | | |
| Review/Verify, Adjust/Create & document SOPs for all Payroll processes | Y | | Y | Y | |
| Analyze, Test & Recommend internal controls/checks & balances | | | Y | Y | |
| Review & recommend/create a Payroll Checklist - W/M/Q/Y | | Y | Y | Y | |
| Verify if the payroll is outsourced and 'connected' accurately? | Y | | Y | Y | |
| Review/analyze Payroll trends for last 18 - 36 months. | | Y | Y | | Y |
| Review payroll tax liabilities balances, payments, variances, delinquencies. | | | Y | | |
| Do Payroll accounts have correct/normal balances? | | | Y | | Y |
| Is a document retention process defined & followed? | Y | | Y | | |
| Assist with full setup of 3rd party Payroll Service | Y | | Y | Y | Y |
| Design & implement metrics to measure trends & catch inefficiencies. | | Y | Y | | |
| Train, coach, counsel, mentor, manage Accounting Lead | Y | Y | Y | Y | |
| Procedural Design/Setup | | | | | |
| Payroll totals in GL matches Payroll Reports? | | | Y | Y | Y |
| Review/reconcile Payroll Tax & Benefits liabilities. | | | | Y | Y |
| Review/reconcile Manual/Termination checks. | | | | | Y |
| Review/reconcile voids, uncleared/returned checks, garnishment deductions. | | | | Y | Y |
| Are Quarterly State/Federal taxes paid & filed? | | | Y | Y | Y |
| Review prior quarter/year adjustments, discrepancies, variances. | | | Y | Y | Y |
| Any Uncleared Payroll Checks require Escheatment? | | | Y | Y | Y |