Downloads final payroll data
Uploads payroll to Banner
Confirms with accounting that payroll import has successfully posted to the ledger
Compare payroll deduction registers to benefits carrier billings to ensure all employees with payroll deductions have coverage and all employees with coverage have payroll deductions.
External payroll processing services file quarterly Form 941 payroll taxes and remit tax payments.
External payroll processing service prepares and sends annual Form W-2 to employees and sends summary Form W-3 to the IRS.