Year-end payroll is the compliance department's Super Bowl. The teams that win it are the ones who start in October, not December.
Start by pulling a wage-and-tax register in October to identify variances between what payroll withheld and what the general ledger reflects. Small deltas caught now become large ones you can't reverse in January.
"The teams that succeed treat every rule change as a project, not a memo."
Key takeaways
- Update your ACOP / TSP before your first affected recert.
- Retrain intake staff on the new definitions.
- Communicate proactively with residents in plain language.
P
Priya Anand, CPP
Senior Compliance Advisor