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How to Conduct a Payroll Audit

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Want to learn how to conduct a payroll audit? Payroll audits can prevent your business from losing money. Mike Berner, a finance writer at business.com, discusses how to conduct a payroll audit in this video.

Time Stamps
0:00 Introduction to payroll audits
0:21 What is a payroll audit?
0:41 Steps for conducting a payroll audit
2:58 Integrating payroll software with accounting software
3:30 Additional Business.com resources on payroll

A payroll audit is designed to make sure that you are properly managing your company’s payroll. This involves reviewing all employees on your payroll, checking all numbers, accounting for vacation time, crosschecking other records, and analyzing tax records. One way to simplify this process is to adopt a payroll software service that integrates well with accounting, such as QuickBooks Payroll.

#payroll #smallbusiness #entrepreneurship

Mike Berner is a finance writer for business.com.

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