Benefit from dynamic US Payroll and tax reconciliation in SAP

July 15, 2020
Written by Patti Friend

Patti Friend joined EPI-USE Labs eleven years ago, having previously spending several years as an SAP HCM Consultant. Patti is responsible for the planning, execution and reflection of all new Quality Assurance cycles for product releases. She is the Quality Assurance team leader for Pay Recon, Variance Monitor, Query Manager 4, and the Cryptographic Library, and she is also part of the Second Line Support team providing assistance to our clients.

blog-benefit-from-dynamic-us-payroll-header

Blog series part 2 of 3

In Part 1 of this blog series, we talked about how EPI-USE Labs’ Pay Recon solution could save you hundreds of hours a year in Payroll support and reconciliation. This week, I will share an example of some of the utilities included within the solution.

  1. Dynamic Payroll and tax reconciliation tailored especially for the USA
  2. Reconciliation made easy

Dynamic Payroll and tax reconciliation tailored especially for the USA

Pay Recon includes a collection of reports that give access to data around Payroll, FI postings, 3rd party remittances, and W2 Tax Reporter in your own selection-driven view. Our W2 Explanation and Employee Payroll Information Reports will assist you when an employee has a question or concern about their W2 or Pay Check. Employee Payroll Information reports provide the Payroll or Help desk user with real-time access to Payroll results, leave balances, retro pay, claims, arrears, and HR master data from a single screen. As a result, our clients report dramatic improvements in turnaround time, number of queries solved at first contact, and both employee and user satisfaction. What once took hours and multiple reports to research can now be resolved in minutes.

blog-benefit-from-dynamic-us-payroll-utilities-report

Reconciliation made easy

The reconciliation data collection and display functionality will help you collect data from different sources (Payroll results, posting documents, Tax reporter files) and identify imbalances. Pay Recon was designed specifically to fill this gap in the SAP functionality.


After every Payroll has run, you should/would collect the latest Payroll period. Once the data has been collected, Pay Recon displays the data in a single table view screen and identifies the employees that have balancing issues. It will immediately identify imbalances by displaying them in a red-shaded cell.

 

Using the drill-down and filtering options, you can navigate to the employee(s) that are out of balance, and you'll be shown where the imbalance occurs.

blog-benefit-from-dynamic-us-payroll-data-query-balancing

blog-benefit-from-dynamic-us-payroll-data-query

For example, an employee can have values that are the same in Payroll, and FI posting, but their third-party remittance values are off. This employee is highlighted so you are able to immediately identify who is out of balance and which Wage types are affected.


You can then use the utility reports to review the third-party remittance documents to determine which document is incorrect. The next step would be to use the standard SAP functions to fix the document. Once you run and collect the data again, the totals should all match, and you would see that the cells are no longer in red.

blog-benefit-from-dynamic-us-payroll-w2-explaination

In the final edition of his blog series, we will explore additional functionality, including how to use the Pay Recon solution for US Payroll customers for both W2 reconciliation and your Payroll to Finance posting.

 

In the meantime, check out this webinar on Tips for SAP Payroll & Tax reconciliation or request your own personalized demonstration of Pay Recon for US SAP Payroll clients.

New call-to-action

 

 

Explore Popular Tags

Query Manager SAP SuccessFactors HCM Reporting SAP HCM reporting SAP HCM reporting EPI-USE Labs HCM Payroll SAP Reporting Document Builder SAP Query Human Capital Management (HCM) SAP Analytics Cloud sap query hr Data Sync Manager Payroll Data SAP HCM Data SAP Payroll SAP Payroll data SAP SuccessFactors Employee Central Payroll Variance Monitor Microsoft PowerBI Query Manager Analytics Connector reporting solution sap Employee Central Payroll Journey to SAP SuccessFactors Pay Recon Tableau data validation payroll control center HR OData PRISM Payroll reporting SAP ERP HCM SAP HCM Analysis SAP On-Premise customers SAP SuccessFactors People Analytics SAP SuccessFactors Reporting SAP customers SuccessConnect 2019 Successconnect Tax Reporting cloud-based SAP HCM solutions data source people analytics ABAP COVID-19 DSM for HCM Employee Letters Free HCM Assessment Human Resources data Hybrid reporting Hybrid reporting solution Microsoft Excel OM On-Premise Payroll On-Premise Payroll S/HANA Sidecar On-premise reporting PA Query Manager with Document Builder SAP HCM On-Premise Solutions SAP HCM On-premise SAP Payroll to the Cloud SAP SuccessFactors Roadmaps SAP migration SAPPHIRE 2018 Success Factors SuccessFactors' Employee Central Payroll The Report Center The Road to People Analytics Transformation without re-implementation Workforce Planning ad hoc certification custom infotype easy reporter ebook high-speed, low-risk on-premise SAP HCM on-premise SAP data personalized documents roadmap s/4HANA sap hr reporting single reporting solution sq01 successfactors technology ALE STP report ASUG Accessing COVID-19 data Ad Hoc Query American Payroll Association (APA) Analytics Connector Analytics solution Analytics solutions At-risk employees Australian Payroll Australian Tax Office (ATO) Automated analysis and pay run reconciliations Automated reports Best practice in BI Bots Business Analytics Business Intelligence COVID-19 statistics Certified solutions Client Sync Company Branding Comparing data Coronavirus Created timestamp DSAG Data Replication Description Diversity & Inclusion reporting DocuSign Document Building Dynamic data ECC EPI-USE Labs’ solutions ERP Education sector Electronic Signatures Employee Central Employee Central Payroll Reporting Employee NICs Employee data Employee payment summaries Employer NICs Encrypt data FAQ Index Font Guidelines Gender Pay Gap GeoClock Government forms Grid control Grid layout HANA HCM Client Sync™ HCM, HR HMRC HR Innovations 2019 HR Service Delivery HR conference HR documents Historical payroll results Human Capital Management Human Resources reports HumanRevolution Hybrid Reporting SAP and SuccessFactors IRS Tax Withholding Estimator Integrated reporting SuccessFactors SAP Intelligent Enterprise Intelligent HR and Payroll Intelligent slicing of payroll data JHUCSSE Knowledge Base (KB) Articles LabsScript Learning and growth Leave Liability Reporting Let's Talk HCM Leveraging Fiori Technology Location Managed Payroll Merging and splitting of cells Modified timestamp New York Times News OCHA OData integration Object Sync Organization of the data Owner Parent template Password protection Pay As You Go (PAYG) Pay reconciliation Payroll support and reconciliation Personnel Management Problem with SuccessFactors Reporting Protected Earnings Amount (PEA) Query Manager Fiori app Query Manager Formula Builder Query Manager Runtime License Query Manager in Excel ROI Calculator Rate Field functionality Recruitment data Results Table Return on investment Rich text formatting Road Map Robotic Process Automation framework Runtime-Only License SAC SAP Analytics Cloud (SAC) SAP Analytics Cloud Data Sources SAP Business Suite 7 SAP Cloud Platform Integration (SCPI) SAP ERP Payroll customers SAP Easy Menu SAP Fiori SAP HANA SAP HCM Payroll SAP HCM and Payroll customers SAP HCM and Payroll? SAP Mentors SAP Notes SAP Road maps SAP S/4HANA SAP SuccessFactors Employee Central timesheets SAP SuccessFactors Managed Payroll SAP SuccessFactors Mass Data Tools SAP SuccessFactors Release updates SAP Wage Type Reporter SAP certified solution SAP credentialsSAP credentials SAP data SAP system, SAP tables SAP-certified SAP-certified reporting solution SAPPHIRE SAPPHIRE-NOW SAPinsider event SQ01 reporting Sapphire/ASUG 2019 Save HR report costs Save costs? Query Manager ROI calculator Secure scrambled production data for testing Sidecar option, launched in 2018 Single Touch Payroll (STP) Standard Government HR Forms Standard forms Static text Strategic Reporting and Analysis Student Loan Deductions SuccessConnect 2018 SuccessFactors Operational Reporting & Dashboards SuccessFactors Reporting Solution Portfolio SuccessFactors Workforce Analytics SuccessFactors and the Intelligence Enterprise SuccessFactors report-building tools Tackling reporting challenges Templates The Future of SAP HCM On Premise Solutions
+ See More

Get Instant Updates


Leave a Comment: