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Question

What is the proper way for payroll accounting to correct hourly employees shortages. Time cards are correct, but employees hourly, overtime and even vacation biweekly paychecks are incorrect. Missing wages, most time in the hundreds of dollars, should not be added to the next paycheck? XXXXX@XXXXXX.XXX Thank you.

Submitted: 17 days and 4 hours ago.
Category: Tax
Value: $30
Status: CLOSED
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State/Country relating to question: Michigan

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first time asking question on how to make sure payroll accounting is following the correct procedure.

Posted by RD 17 days and 4 hours ago.

Info Request

If the employees hourly, overtime and vacation bi-weekly checks are incorrect than it means that the employees have been underpaid. Is this correct?

17 days and 4 hours ago.

Reply

That is correct. At this time payroll is adding missing pay to next check. Some employees can be short 300-400 dollars. This is added to their next check which maybe correct or maybe not. Thus more taxs are taken? Some employees have waited up to three pay periods to receive their shorted pay. Also some employees have taken vacation one week = 40 hours and only have been paid for 32 hours. The missing was also added to their next biweekly pay again.

 

When I did payroll years ago, the old way was if payroll shorted your employee under $50.00 you added it to their next paycheck. Anything over and you issued a replacement check for the the shortage. Is there anything in black and white on this rule or was this just the way I was taught?

 

Also I need to print your response and I don't have a printer. If you could also email your answer to XXXXX@XXXXXX.XXX I can go somewhere else to print it. I am doing this for a friend who does not have a computer. Hope this helped. Thank you so much.

Posted by RD 17 days and 3 hours ago.

Answer

Yes, adding the missing pay to the next paycheck (as soon as you discover the error) will be the way to go.

You do not have to issue replacement check. Such checks will be issued for lost or missing paycheck.

Let me know if you have any question.

Please note: This advice is provided with the understanding that all the relevant facts have been provided by you. Any change in facts might affect the advice given and hence may not be relied on in such cases. Nothing contained in this reply was intended or written to be used, can be used by any taxpayer, or may be relied upon or used by any taxpayer for the purposes of avoiding penalties that may be imposed on the taxpayer under the Internal Revenue Code of 1986, as amended.



17 days and 3 hours ago.

Reply

So the employees of this corp. have no other recourse but to go over their paychecks with a fine tooth comb, which they do every pay period and let payroll know about the mistakes.

Then wait for the next pay period and the next round of mistakes? How does one correct this vicious circle.

 

 

Accepted Answer

If the employee finds out the mistake and informs the HR than the HR(depending on the policies as may be laid down in employee handbook) can issue a paycheck for the difference to correct the mistake. The employee does not have to wait for the next pay period.

Let me know if you have any question.

Please note: This advice is provided with the understanding that all the relevant facts have been provided by you. Any change in facts might affect the advice given and hence may not be relied on in such cases. Nothing contained in this reply was intended or written to be used, can be used by any taxpayer, or may be relied upon or used by any taxpayer for the purposes of avoiding penalties that may be imposed on the taxpayer under the Internal Revenue Code of 1986, as amended.

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Expert: RD
Pos. Feedback: 99.4 %
Accepts: 
Answered: 11/4/2009

Certified Public Accountant (CPA)

CPA, MBA, Over 10 yrs of experience in tax planning and business consulting..

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