Reconcile Net Pay to the Bank File
Reconcile payroll register net pay to bank funding before release.
Register net pay is $486,214.77. ACH file total is $486,714.77. Difference is $500. Compare approved payroll output to actual disbursement output before release. Treating small differences as immaterial before disbursement invites duplicate or unauthorized payments. 1. Tie totals ACH $486,714.77 - register $486,214.77 = $500 variance This is the number Payroll should verify against source records before moving to the next step. Quantify the exact difference first. The reasoning matters because this step changes either taxable wages, gross pay, net pay, or the audit trail. 2. Search reconciling items Manual check log, reversals, live checks, prenotes, rejected accounts This is…
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