Process: GL – In My Estimation
Estimate, estimate, estimate. So your payroll accrual is off by $278.25. So what? What decision that you would make would be changed by being $300 off?
Process: Payroll – Pay Me Now or Pay Me Later
Review PR entries during the month to make sure benefits are deducted correctly and coded correctly. Post the payroll entry when payroll is done. Do the
Process: Payroll – Vacation Time!
Have you done your PTO/vacation accrual? What is really going to change in the next few days? Why not get it done now and free up the first few days of
Process: Payroll – Payday
Why not do a payroll accrual today and estimate the last day of the month - just copy the prior day - assuming that it will be similar. If that makes you
© 2014 All rights reserved. Paul Malen