Make sure your employees get their dues, in the accounts they are expecting to.
It can be a major headache for a company to formulate payroll differently for every employee with differences in taxes owed, social security, medicare and insurance. With our payroll reconciliation services, you leave that headache to us and ensure that each employee gets their due as well as pays his deductions properly for his own good.
- Reflect Wages and Hours accurately
- Confirm Deducted amount for accuracy
- Record everything in General Ledger
- Run Payroll Tax Reports
- Make Periodic Tax Payments
- Prepare and reconcile W-2 forms
About this Process
Payroll reconciliation is a process where the Payroll department checks the current month’s payroll, compares it against the previous month’s payroll against the inputs received, and verifies to make sure that the current month’s payroll is calculated properly.
At Ledger Bench, no matter the size and stage of your business, you get the benefits of saving time, money, correct filing of reports and avoiding compliance issues. It can be a major headache for a company to formulate payroll differently for every employee with differences in taxes owed, social security, Medicare and insurance. With our payroll reconciliation services, you leave that headache to us and ensure that each employee gets their due as well as pays his deductions properly for his own good. With Ledger Bench your payroll is in safe and expert hands.
Are Payroll Reports Available? What All Is Included in Them?
Can You Process Different Types of Payroll Taxes?
Who Can I Contact in Case of Questions and Concerns?
Payroll is one of the most important non-core functions that your business undertakes as a part of its operations. It forms an integral backend and administrative activity in any organization. But, as it is not a core operation for your business, and does not add to your bottom line of profits, spending extensive time on it is not a smart business decision. This is where we at Ledger Bench come in! We help you free up time and resources, access to state-of-the-art payroll technology and expertise, as well as reduction of potential loss and risks. Let us handle your payroll woes and day-to-day activities, while you take care of your business!
Our reputation in the payroll industry is cemented by our strengths in financial management and logistic control. Additionally, our highest standards of cyber security and encryption make sure that your business’ payroll is safe and well taken care of.
At Ledger Bench, these are the payroll services that you can obtain:
– Reflect wages and Hours Accurately for your organization.
– Confirm any deducted amount for accuracy.
– All the entries are recorded in the General Ledger.
– Run and Comprehend payroll tax reports.
– Prepare, reconcile and file the W-2 Forms.
– Save costs and time to delegate to other core and essential operations of your business.
– Ease your administrative logistics of payroll through expert personnel and a team of professionals.
– We make sure that you are tax compliant over federal or state specific payroll regulations.
– We run payroll and make employee pay and withholding calculations.
– We collate required government reports.
– We also assist in administering employee benefits.