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Payroll Balancing and Reconciliation

Payroll processing can be complex. Payroll professionals must give thorough attention to the management of payroll data, including from the point of compiling pay information through complete reconciliation between the payroll worksheets, the payroll company’s reports, and the general ledger.

This is especially true in 2020 as there will be added complexities during the year-end balancing process for employers who took advantage of the 10% Temporary Wage Subsidy and other government programs.

This seminar will provide an overview of balancing and reconciliation method, along with some accounting practices that are an essential skill for the payroll professional. Question and Answer period will follow.

!! IMPORTANT !!

Sound for this online session is streamed directly through your computer or electronic device. Participants will not be provided with a dial-in number.

Please test check your system BEFORE you register. Make sure you are connected via your local desktop (not through your company’s server) to perform this test and view the future presentation. Click here to test your system and for troubleshooting tips.

This webinar will review:

  • Reasons to reconcile
  • What is to be reconciled
  • Basic guidelines
  • Reconciliation procedures
  • Sample spreadsheet balancing
  • Summary
 

This webinar will be facilitated by Payroll Compliance Advisors from the Compliance Services and Programs department at the Canadian Payroll Association.

After registering online for an archived webinar, you will receive an email confirmation that is sent approximately 2 business days after the registration has been processed. This email contains the login information for the webinar.

Cancellations: No refunds will be issued once the email containing the login information has been provided.

DURÉE: 2 Hours

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