At Atto, we understand that managing payroll can sometimes lead to errors or the need for adjustments. Here's how to handle payroll corrections and amendments efficiently:
Four Common Reasons for Corrections:
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Employee Overpayment:
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Current Quarter: Overpayments in the current quarter are often resolved in upcoming payrolls or through voids.
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Previous Quarter: For past-quarter overpayments, a void and amendment are necessary.
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Employee Underpayment:
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Current Quarter: Underpayments in the current quarter can be corrected in future payrolls or via off-cycle payments.
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Previous Quarter: Prior-quarter underpayments require corrections and amendments.
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Employee Taxed in the Wrong State:
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Current Quarter: Taxation errors within the current quarter need a void and payroll reissue.
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Previous Quarter: Previous-quarter errors demand a void/correction and amendment.
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Informational Updates:
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Current Quarter: Most informational changes can be directly updated in the current quarter, but some may require communication with agencies.
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Previous Quarter: Changes in prior quarters typically need amendments.
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