Here are your easily attainable New Year’s resolutions (related to Payroll Systems’ processes). Not a client yet? Let’s chat. Fill out the form below:
January 1st is the day of embracing new habits, while January 15th is the day of welcoming back old ones. New year’s resolutions statistically evaporate halfway through the first month of the year. Below you will find New Year’s resolutions that will help you avoid being part of this statistic. These resolutions are easily attainable goals related to Payroll Systems’ processes. So ditch that overcrowded gym and snore-fest 101 class, and begin these resolutions instead:
- Submit your payroll by 1:00pm pacific time on your payroll processing date: that’s still early enough to take lunch followed by a well deserved coffee break.
- If we enter your payroll, submit any changes or updates prior to your scheduled payroll submission date. These changes include (but are not limited to) new hires, rate changes, and withholdings.
- Use your plan year end-date for FSA and Dependent Care deductions in payroll. Using a forever date (12/31/2100) will continue the payroll deduction into the following plan year.
- Enter employee Transit deductions on the first of the following month. This also applies to Parking.
- Read emails, or give them a good scan. Most emails provide helpful information like notices of sync errors and alerts in the HRIS system.
- Enter the ages of COBRA participants and their dependents. Thanks to age-banded rate grids, birthdates are necessary to determine carrier premium cost.
- Take mini stretch breaks. Not related to Payroll, but still a good (and easily attainable) resolution. Your back will appreciate it too.
- Check your carrier invoices. It doesn’t happen a lot, but it is possible for a carrier to miss a COBRA enrollment or termination.
- Get Itemized. Because the FSA and Dependent care accounts are pre-tax, the IRS can audit your Benny card purchases. Our system request receipts to help prepare you for an IRS audit. Make sure your receipts have names, dates, services, and cost.
- Ask “why”. We are all guilty of inputting key strokes and submitting documents without knowing the reasons behind it. Start asking “why”. It not only helps with an overall understanding of the process, but also better familiarizes you with our programs.