Overpayment Example without Repayment
|
|
|
- Gilbert Porter
- 10 years ago
- Views:
Transcription
1 Overpayment Example without Repayment The PTR preparer would begin by accessing the IDER screen in IPAY for information about the incorrect original transaction. Then an RX transaction would be processed on the EDLR screen using the original pay transaction as a source for most of the fields. Note: On the EDLR screen below, the ACU payment is a by agreement amount, so nothing is entered in the Time or H% fields. PPETLR0-E0967 Dept. Time Reporting 08/04/XX 10:07:06 04/23/XX 23:25:44 Late/Reduce Pay (EDLR) Userid: UXXXX ID: Name: NOREPAY,NORA Emp Status: A Pay End: Check Date: 09/01/XX Pay Cycle: MO Page 1 of 1 C Seq: Tr: RX Per End: Pay Cy: M Dst: 11 E: E T: 9 D: Ttl: 3570 LACFPS: FT V Rate: AH: A Prorate: DOS: ACU Time: H%: DOS: Hr: DOS: Hr: WSP: The preparer would enter comments on the Post Authorization Notification comments entry screen. The comments should include the reason for the transaction. UCECOM0-E0863 PostAuth Notification 08/04/XX 10:07:06 Comments Entry Userid: UXXXX Page 01 of 01 App: EDB Tran: Userid: UXXXX Date: 08/04/XX Time: 10:07:06 PAY - EDLR NOREPAY,NORA Description of Content: Comments UXXXX Overpayment for May. Payroll please bill immediately. Thanks. Payroll Services must receive a copy of the PAN for this transaction in order to bill the employee. The preparer must notify Payroll Services by adding the Payroll address to the Notification Preparation screen as shown below. Note: to access this screen, the user would press F10. UCENPR0-E0863 PostAuth Notification 08/04/XX 10:07:06 Notification Preparation Userid: UXXXX Page: 01 of 01 App: EDB Tran: Userid: UNXXX Date: ******** Time: ******** PAY - EDLR NOREPAY,NORA Description of Content: Notifications C Address Type Name [email protected] M TANG, WEN LUNG [email protected] M LAI, MABEL [email protected] M OTSUKI, RON [email protected] U PAYROLL, NOTIFICATION When Payroll Services receives the ASAP notice, an overpayment will be processed and the employee will be billed via a series of letters. The original transaction on the EDLR screen will be bypassed by Payroll Services so that it will NOT be processed through the pay compute. Page 1 of 7
2 Overpayment Collection Process Payroll Services uses a series of three letters to employees in order to collect an overpayment. Employees that pay promptly may receive only the first letter. In this example, Nora Norepay was sent a series of three letters in an attempt to collect the overpayment. Copies of the following items are included with the first letter: The PAN that Payroll received from the department A worksheet used by Payroll to process the overpayment The Overpayment advice Letter #1 UNIVERSITY OF CALIFORNIA, LOS ANGELES CORPORATE FINANCIAL SERVICES/PAYROLL SERVICES WILSHIRE BLVD, SUITE 620 LOS ANGELES, CALIFORNIA August 10, 20XX Nora Norepay 111 Main Street Thousand Oaks, CA Re: Salary Overpayment - $ Dear Ms. Norepay: Our records indicate you were paid $ (net earnings) on June 1, 20XX. There has been an adjustment per the attached EDB online notification. The overpayment is delineated as follows: Check Date Paid Should have Received Overpaid XX $ $ $ Total Overpayment $ Enclosed are copies of the overpayment worksheet. I am sorry for any inconvenience this may cause you. Please make a check or money order payable to the Regents of the University of California and forward it to the Payroll Services. Should you have further questions, please contact this office by writing to the address listed above, by calling (310) , or [email protected]. Very truly yours, Cory Reyes Accountant I EE:aa Encl. Page 2 of 7
3 Enclosure #1 - PAN from Department Enclosure #2 - Overpayment Worksheet Page 3 of 7
4 Enclosure #3 - Overpayment Advice Letter #2 Since the Nora Norepay did not respond to the first letter, a second letter is sent out six weeks later. UNIVERSITY OF CALIFORNIA, LOS ANGELES CORPORATE FINANCIAL SERVICES/PAYROLL SERVICES WILSHIRE BLVD, SUITE 620 LOS ANGELES, CALIFORNIA September 23, 20XX Nora Norepay 111 Main Street Thousand Oaks, CA Re: Salary Overpayment - $ SECOND NOTICE Dear Ms. Norepay: We wrote to you on August 10, 20XX to explain your overpayment of $ in the check issued to you on June 1, 20XX. We requested that a check or money order be forwarded to this office. We are writing to remind you that the amount is still outstanding and to provide you with additional information concerning reporting of the overpayment. Internal Revenue Code Section 1341 states that an employee's gross earnings can be adjusted only if repayment is made within the same calendar year in which the overpayment occurred. In order for your 20XX overpayment to be adjusted on your 20XX W2 form, Payroll Services must receive payment by December 15, 20XX. Please remit the full amount of the overpayment without further delay, making your check or money order payable to the Regents of the University of California and forward it to Payroll Services. Should you have any questions, please contact this office by writing to the address listed above, by calling (310) , or [email protected]. Very truly yours, Cory Reyes Accountant I Page 4 of 7
5 Letter #3 About six weeks later, the third and final notice is sent to the employee. UNIVERSITY OF CALIFORNIA, LOS ANGELES CORPORATE FINANCIAL SERVICES/PAYROLL SERVICES WILSHIRE BLVD, SUITE 620 LOS ANGELES, CALIFORNIA November 13, 20XX Nora Norepay 111 Main Street Thousand Oaks, CA Re: Salary Overpayment - $ FINAL NOTICE Dear Ms. Norepay: We wrote to you on August 10, 20XX and again on September 23, 20XX concerning your overpayment that was included in the check issued to you on June 1, 20XX. We requested that a check or money order be forwarded to this office. We are writing to remind you that the amount is still outstanding and to provide you with additional information concerning reporting of the overpayment. Internal Revenue Code Section 1341 states that an employee s gross earnings can be adjusted only if repayment is made within the same calendar year in which the overpayment occurred. In order for your 20XX overpayment to be adjusted on your 1998 W2 form, Payroll Services must receive payment by December 15, 20XX. Please remit the full amount of the overpayment without further delay, making your check or money order payable to the Regents of the University of California and forward it to Payroll Services. Unless we receive your payment by November 30, 20XX, we will turn your account over to an agency for collection without further notice. Should you have any questions, please contact this office by writing to the address listed above, by calling (310) , or [email protected]. Very truly yours, Cory Reyes Accountant I Overpayment Turned Over to Collection Agency In December, this account is turned over to collections. A bill is sent to the employee and the department receives a charge back for the overpayment via a journal entry. Page 5 of 7
6 Invoice from Collections Page 6 of 7
7 The Detail General Ledger for the month of January, 20XX shows the charge back to the department for the overpayment. FSO100 DETAIL GENERAL LEDGER RUN: 02/06/XX PAGE 57,483 FOR THE PERIOD 01/01/XX 01/31/XX 05:04:11 L-ACCOUNT/CC /FT UNEX OVERHEAD AWARD NO. FUND UNIVERSITY EXTENSION FUND PI DEPARTMENT 5996 UNEX FUND ASSOCIATE FUND DATES 07/01/XX-12/31/YY EXPENDITURES: CURRENT MONTH TRANSACTIONS SUB TRANS- SQ DOCUMENT TRANSACTION APPROPRIATION EXPENDITURE ENCUMBRANCE MEMO-LIEN OBJECT SOURCE PROJCT TE DT POE NUMBER NO DATE DESCRIPTION REFERENCE PF ()=DEBIT ()=CREDIT ()=DECREASE ()=DECREASE V D /31/XX JAN PAYROLL V /31/XX NOREPAY,NORA The second line on the detail general ledger (above) shows the charge to the department for the amount that Nora did not repay prior to December, 20XX as requested. The transaction number is made up of two parts. The first part 07 is for the 7th month of the fiscal year or January. 494 is a journal number used by Payroll for journals that relate to overpayments. A complete list of the journal numbers used for payroll related charges can be found in the PPS Manual, Section D1.1. Page 7 of 7
A Session, June 22 - July 31, 2015: Pay Date Pay Cycle Pay End Per End 7/1/2015 B1 062015 070415 7/15/2015 B2 070415 080115
UCLA Summer Sessions 10/24/2014 On-Line Time Reporting Instructions for Summer Sessions Hires Academic departments enter Summer Sessions pay transactions in PTR (the Online Payroll Time Reporting System).
Biweekly Payroll Conversion Payroll Processing Schedule Impact. January 22, 2013
Biweekly Payroll Conversion Payroll Processing Schedule Impact January 22, 2013 Topics New payroll compute cycles for biweekly-paid employees Impact to the schedule for ledger postings and Data Warehouse
HRMS Business Process: Overpayment Collection
HRMS Business Process: Overpayment Collection (Last revised 4/1/2015) http://www1.umn.edu/ohr/hrms Questions? Call OHR Contact Center, 4-UOHR, 612-624-8647 Greater Minnesota, 1-800-756-2363 General Information
Accounts Payable. Accrual Basis Payables These queries give you AP voucher information based on the voucher accounting date.
Accounts Payable Accrual Basis Payables These queries give you AP voucher information based on the voucher accounting date. VT_AP_ACCR_EXPENDITURE_DST Accrued AP Expenses by BU Purpose Lists accounts payable
Gross Recovery A gross recovery reduces an employee s pay by deducting gross dollar amounts prior to taxes being calculated.
SECTION 13: SPECIAL PROCESSES Overpayments INTRODUCTION Salary overpayments result whenever an employee has been paid more compensation than due. Agency action upon discovery of a salary overpayment depends
Statewide Health Benefits Interface
Statewide Health Benefits Interface The Health Benefits Interface converts data from the Central Payroll System into NCAS posting transactions for all agencies that elect to participate in the automated
Office of the Vice Chancellor for Academic Personnel
Office of the Vice Chancellor for Academic Personnel May 28, 2015 DEANS, DEPARTMENT CHAIRS, AND DIRECTORS Re: 2015-2016 Summer Policy Enclosed is the 2015-2016 edition of the Summary of Policy and Procedure
X. Accounting Processes
X. Accounting Processes A. Overview: Financial information flows into the general ledger from a variety of sources. Accounting staff are responsible for reviewing all data before posting it to the ledger
CENTRAL SUSQUEHANNA INTERMEDIATE UNIT Application: Fund Accounting. Account Classes Directory Set Up Learning Guide
CENTRAL SUSQUEHANNA INTERMEDIATE UNIT Application: Fund Accounting Account Classes Directory Set Up Learning Guide 2009 Central Susquehanna Intermediate Unit, USA Table of Contents INTRODUCTION...3 Account
Information. PPS Online Update Desk Reference Page 13-1
Module 13: Supplemental PPS Information PPS Online Update Desk Reference Page 13-1 Module 13 Contents Name Changes................................................................ 13-3 Payroll Office Processes........................................................
INTERNATIONAL STUDENTS AND SCHOLARS GUIDE TO GLACIER
INTERNATIONAL STUDENTS AND SCHOLARS GUIDE TO GLACIER Page 1, August 15, 2008 Agenda GLACIER overview Who does and does not require a GLACIER tax record? Why is a GLACIER record required? Initial GLACIER
UC BERKELEY CENTRAL PAYROLL 2195 HEARST AVE. SUITE 120 BERKELEY, CA 94720 1104
UC BERKELEY CENTRAL PAYROLL 2195 HEARST AVE. SUITE 120 BERKELEY, CA 94720 1104 PPS Guide for Payroll Administrators Last Revised March 2015 PAYROLL PREPARERS MANUAL INTRODUCTION This guide is organized
Table of Content. How to Access the Online Financial System Report (OFSR)..1. How to Understand the Distribution of Payroll Expense Report 4
PPP5302 Table of Content How to Access the Online Financial System Report (OFSR)..1 How to Understand the Distribution of Payroll Expense Report 4 Payroll Ledger Access Via the Online Financial System
BUSINESS PROCESS (SAS 112 Compliance)
Functional Area: Accounts Payable Name of Process: Payment of PO Invoices Purpose of Process: To liquidate encumbrances for purchase orders issued for goods and services on behalf Of the University. Primary
OPEN STANDARDS BENCHMARKING MEASURE LIST
ABOUT APQC's The APQC Open Standards Benchmarking measure list concisely lists all of the measures currently available through APQC's benchmarking portal for its members. These measures are organized by
Income Tax Withholding E-File
Guideline Income Tax Withholding E-File Cory Fong July 2010 Tax Commissioner INTRODUCTION The Office of State Tax Commissioner has established a program for businesses to file their state income tax withholding
UCA GENERAL INSURANCE SERVICES, INC. SERVICE IS OUR STRENGTH. UCA EZ-Pay. Direct Bill System. Broker Manual
UCA GENERAL INSURANCE SERVICES, INC. SERVICE IS OUR STRENGTH UCA EZ-Pay Direct Bill System Broker Manual **This document is intended to serve as a guide and will be revised or replaced as new information
1. Stop using your old account. 2. Move your direct deposits to your new ESSA checking. account.
5 easy steps to moving your checking to ESSA Bank & Trust Once you ve opened your new ESSA checking account: 1. Stop using your old account. Don t close it right away allow two months for checks to clear.
State of Connecticut Core-CT Continuing Education Initiative. Introduction to Accounts Receivable
State of Connecticut Core-CT Continuing Education Initiative Introduction to Accounts Receivable 1 Course Goals To give students a greater understanding of their place in Core- CT, an integrated system.
TOPIC NO. 20330 TOPIC PETTY CASH December 2008 Table of Contents
Table of Contents Overview... 3 Introduction... 3 Policy... 3 Non-Routine Purchasing... 3 Routine Purchasing... 3 Small Purchases Charge Card... 3 Use of EDI for Repayment... 3 Definitions... 4 Change
Commonwealth of Pennsylvania Governor's Office
Commonwealth of Pennsylvania Governor's Office Subject: Payroll Advances Number: 525.6 Amended Date: By Direction of: September 16, 2013 Charles B. Zogby, Secretary of the Budget Contact Agency: Office
Payroll Services Letter
Payroll Services Letter Number: PS05-09.2 Date: June 16, 2008 (Revised May, 2009) Subject: Debt Collections Category: Debt Management Reference: PS05-09.1, Subject: Debt Collections dated June 16, 2008.
CALIFORNIA SCHOOL FINANCE AUTHORITY CHARTER SCHOOL REVOLVING LOAN FUND PROGRAM LOAN AGREEMENT NUMBER 14-2014
CALIFORNIA SCHOOL FINANCE AUTHORITY CHARTER SCHOOL REVOLVING LOAN FUND PROGRAM LOAN AGREEMENT NUMBER 14-2014 East Bay Innovation Academy CDS CODE: TBD CHARTER NUMBER 1620 3400 Malcolm Ave, Oakland CA 94605
North Dakota University System
PO Vouchers Training Manual 3130 Kilgore Road, Suite 400 Rancho Cordova, CA 95670 916.669.3720 www.maximus.com PO VOUCHERS OVERVIEW...3 PO VOUCHER CREATION...5 Step 1 Copy PO/Receiver Data to Voucher...5
Overpayments, Underpayment & Incorrect Payments Policy
Overpayments, Underpayment & Incorrect Payments Policy Type of Document: Code: Policy Sponsor Lead Executive Approved by: policy STHK0020 Deputy Director of Human Resources Director of Human resources
Texas Payroll Conference
Texas Payroll Conference Garnishments All Others Taunya Fritzsching, CPP Agenda Involuntary Deductions Garnishment Overview Federal Tax Levy State Tax Levy Student Loans Creditor Garnishments Bankruptcy
Wave 2 UAT Accounts Receivable Business Process Overview. April 2015
Wave 2 UAT Accounts Receivable Business Process Overview Overview Welcome & Introductions Susan Salisbury Module Overview Susan Salisbury BP Overview #1: AR1 Setup and Maintain Customers Susan Salisbury,
XV Online Bank Reconciliation
. XV The Check Writer Subsystem provides the following two features that departments can use independently of each other: Print batches of checks online. Perform the Bank Reconciliation process online.
SOUTH DAKOTA BOARD OF REGENTS. Policy Manual
SUBJECT: NUMBER: SOUTH DAKOTA BOARD OF REGENTS Policy Manual The following policy will govern the pay practices for the institutions within the Board of Regents. 1. Paycheck Distribution South Dakota Board
MONTHLY EXPENDITURE REPORT
Department of Neighborhood Empowerment Reporting Month: MARCH MONTHLY EXPENDITURE REPORT NC Name: Porter Ranch Submitted: 4/1/2015 11:27:23 Budget Fiscal Year: 2014-2015 FILL IN ALL THE UNSHADED (WHITE)
University of California HASTINGS COLLEGE OF THE LAW Office of Fiscal Services
University of California HASTINGS COLLEGE OF THE LAW Office of Fiscal Services Year-End Close Supplement TABLE OF CONTENTS A. OVERVIEW B. DEFINITIONS 1. Accrual Basis of Accounting 2. Accruals 3. Commitments
ACCOUNTING POLICY AND PROCEDURES (APP) MANUAL. TOPIC: Section 4 Receivables 2.0 EFFECTIVE DATE: 12/05/1994
STATE OF WISCONSIN DEPARTMENT OF HEALTH SERVICES DIVISION OF ENTERPRISE SERVICES BUREAU OF FISCAL SERVICES ACCOUNTING POLICY AND PROCEDURES (APP) MANUAL TOPIC: Section 4 Receivables 2.0 EFFECTIVE DATE:
First Payroll of the School Year Checklist and Training August 2015
First Payroll of the School Year Checklist and Training August 2015 The check list from the system is implemented below and is excellent. If you will go step by step and run the reports suggested, you
AgExpert Analyst 2014
AgExpert Analyst 2014 Meet the next generation of accounting software You work hard to make your operation successful. That means using the best, most up-to-date accounting software you can find. And that
University of California Online Payroll / Personnel System. WEB PAN Application
University of California Online Payroll / Personnel System 1. PAN Reviewer Categories WEB PAN Application There are three categories of PAN Reviewers who receive PAN email notification on an action: Mandatory
Version Date: 10/16/2013
2004094 Accounting Documents (ADVANTAGE Financial System Input) This record series is used to input information into the ADVANTAGE Financial System. The files may contain, but are not limited to: copies
PROCEDURE. Part 5.9: Settlement Payment Methods and Schedule PUBLIC. Market Manual 5: Settlements. Issue 17.0 MDP_PRO_0036
PUBLIC MDP_PRO_0036 PROCEDURE Market Manual 5: Settlements Part 5.9: Settlement Payment Methods and Schedule Issue 17.0 This procedure describes the activities and schedule required by the IESO and Market
New Account Conversion CHECKLIST
New Account Conversion CHECKLIST You may check the boxes next to the items you have completed (if any). And then print out and keep this checklist handy. As you continue completing items, simply check
Finance Process Documents - Staff and Pensions Payroll
PURPOSE This document details the processes associated with the Payroll Office to ensure that payroll is processed in accordance with statutory requirements and that staff members are paid on a monthly
How To Write A Credit Card At A&M Texas A&I
Accounts Receivable Training Extension of Credit and Departmental Invoicing Presented By: Christina Holzheuser Bursar Agenda Extension of Credit Departmental Responsibilities Invoicing Payments Adjustments
The presentation will be posted to the Accounting Office website. The recorded webinar will be available for viewing through July 2nd
1 2 The presentation will be posted to the Accounting Office website. The recorded webinar will be available for viewing through July 2nd 3 This presentation along with our examples is to provide general
The General Journal and the General Ledger
4-1 McGraw-Hill 2009 The McGraw-Hill Companies, Inc. All rights reserved. Chapter 4 The General Journal and the General Ledger Section 1: The General Journal Section Objectives 1. Record transactions in
Dealership Office Management and Ford Accounting -- Second Edition -- Unit 7. Introduction to Dealership Accounting
Dealership Office Management and Ford Accounting -- Second Edition -- Unit 7. Introduction to Dealership Accounting In Units 1-6, we have discussed basic accounting using generic company information. In
As competition has become more global, many challenges to businesses
Chapter 9 LISEGAGNE/ISTOCKPHOTO.COM Payroll Accounting: Employer Taxes and Reports As competition has become more global, many challenges to businesses have developed. Learning how to function in many
SEP IRA. For the self-employed and businesses with few employees
SEP IRA P L A N E S T A B L I S H M E N T G U I D E For the self-employed and businesses with few employees Features many of the same tax advantages as other plans Funded solely by Employer contributions
Medicare Financial Management Chapter 4 - Debt Collection
Medicare Financial Management Chapter 4 - Debt Collection Table of Contents (Rev. 246, 11-26-14) Transmittals Issued for this Chapter 10 - Requirements for Collecting Part A and B Provider Non-MSP Overpayments
ACCOUNTS PAYABLE POLICIES AND PROCEDURES
ACCOUNTS PAYABLE POLICIES AND PROCEDURES...... Accounts Payable Payment Processing General Information Overview of the Disbursement Voucher Disbursement Voucher Approval Payments Against Purchase Orders
REGULAR PAYROLL ACCOUNTING
REGULAR PAYROLL ACCOUNTING Millersville University uses the Human Resource System (HRS) to handle its payroll process for both regular employees and student employees. The Human Resource Information System
Employee Termination Process Guide
Employee Termination Process Guide March 24, 2004 Human Resources Department Revised May 20, 2005 ERNEST ORLANDO LAWRENCE BERKELEY NATIONAL LABORATORY Employee Termination Process March 24, 2004 Table
Simple Switch Kit Checklist
Simple Switch Kit Simple Switch Kit Checklist Welcome to My Bank! First United! This Simple Switch Kit has been developed to provide you with the tools you need to make your transition to My Bank as quick
Overpayments Procedure
Overpayments Procedure INTRODUCTION 1.1 Overpayments of pay and expenses happen occasionally and for various reasons. 1.2 Preventing overpayments is a joint responsibility. Both TSC/Payroll Section and
Policy No: F&A 03-15 Approved by Council: June 26, 2013 Resolution: 2013.12.16. The policy should assist in:
Treasury Department Policy Section: Finance & Accounting Content Updated: Supersedes Policy: Policy No: F&A 03-15 Approved by Council: June 26, 2013 Resolution: 2013.12.16 Pages: 1 of 11 GENERAL ACCOUNTS
Purchasing/Human Resources/Payment Process: Recording and Evaluating Expenditure Process Activities
Chapter 8 Purchasing/Human Resources/Payment Process: Recording and Evaluating Expenditure Process Activities McGraw-Hill/Irwin Copyright 2011 by The McGraw-Hill Companies, Inc. All rights reserved. What
VIRGINIA WESTERN COMMUNITY COLLEGE II - FINANCIAL & ADMINISTRATIVE SERVICES POLICIES
VIRGINIA WESTERN COMMUNITY COLLEGE II - FINANCIAL & ADMINISTRATIVE SERVICES POLICIES!1-1 Cash Management Policy Number:!1-1 Effective Date: January 21, 2013 Last Reviewed: January 21, 2013 Responsible
A. We will automatically withhold the following taxes from these supplemental payments:
Frequently Asked Questions on Pay-Related Aspects of Your Voluntary Separation incentive Payment (VSIP/Buyout) Prepared by the GSA National Payroll Center, Kansas City, MO. Q-1. The Human Resources Office
COUNTY OF LOS ANGELES - DEPARTMENT OF HEALTH SERVICES ALCOHOL AND DRUG PROGRAM ADMINISTRATION COST REPORT FOR CONTRACTED SERVICES INSTRUCTIONS
COUNTY OF LOS ANGELES - DEPARTMENT OF HEALTH SERVICES ALCOHOL AND DRUG PROGRAM ADMINISTRATION COST REPORT FOR CONTRACTED SERVICES INSTRUCTIONS COST REPORT FOR CONTRACTED SERVICES (SUMMARY PAGE) Complete
CREATING FINANCIAL STATEMENTS
CREATING FINANCIAL STATEMENTS Revised September 2, 2009 BEFORE YOU BEGIN: All of the below financial statement reports should be done AFTER FPM, EDB, etc. have been updated and transfers (i.e. UPAYs, TOFs,
ENTERPRISE REPORTING SYSTEM. ERS Application
ENTERPRISE REPORTING SYSTEM ERS Application Computing & Communications ERS Documentation May, 2005 ENTERPRISE REPORTING SYSTEM The ERS allows users to query the UCRFStotals and SUPER-D.O.P.E. databases
1/7/2015. Revised October 2014. Paying an Employee. Employee and Retiree Service Center
Revised October 2014 Paying an Employee Employee and Retiree Service Center 1 Stakeholder Analysis 1 Employee submits timesheet. 2 Employee receives payment. 3 Receives time records. 4 Payroll team runs
Guide to Taxation of Employee Disability Benefits
Guide to Taxation of Employee Disability Benefits STANDARD INSURANCE COMPANY Guide to Taxation of Employee Disability Benefits Standard Insurance Company (The Standard) developed this guide to help you
Audit of Cash Balances
Audit of Cash Balances Chapter 23 2008 Prentice Hall Business Publishing, Auditing 12/e, Arens/Beasley/Elder 23-1 Learning Objective 1 Show the relationship of cash in the bank to the various transaction
Prepared by General Accounting & Loan Collection Office. Replaces Administrative Procedure A8.651 dated July 1982. A8.651
Prepared by General Accounting & Loan Collection Office. Replaces Administrative Procedure A8.651 dated July 1982. A8.651 A8.600 Accounting April 2002 P 1 of 12 A8.651 Accounts Receivable 1. Purpose To
10. Payables Journal Entries
10. Payables Journal Entries SMARTStream Payables generates journal entries throughout the life cycle of an invoice, from the invoice processing to the payment processing and the payment clearance processing.
Accommodation Fees, Payment Deadlines and Debt Recovery Procedures for 2014/15
Accommodation Fees, Payment Deadlines and Debt Recovery Procedures for 204/5. FEES charged for ACCOMMODATION. Accommodation fees are contractually charged for the full academic session unless otherwise
Final Report Total Specialties USA, Inc., California Used Oil Recycling Fees Audit
Transmitted via e-mail July 23, 2013 Ms. Caroll Mortensen, Director Department of Resources Recycling and Recovery 1001 I Street, MS 25A Sacramento, CA 95814 Dear Ms. Mortensen: Final Report Total Specialties
COUNTY OF HENRICO ACCOUNTS RECEIVABLE POLICY
COUNTY OF HENRICO ACCOUNTS RECEIVABLE POLICY Issued by the Department of Finance Effective August 1, 2007 Table of Contents OVERVIEW AND DEFINITIONS... 3 RESPONSIBILITIES... 5 PROCESSES AND PROCEDURES...
CASH: UNCLAIMED AND UNCASHED CHECKS C-173-78 ACCOUNTING MANUAL Page 1 CASH: UNCLAIMED AND UNCASHED CHECKS I. INTRODUCTION 2 II.
ACCOUNTING MANUAL Page 1 CASH: UNCLAIMED AND UNCASHED CHECKS Contents Page I. INTRODUCTION 2 II. DEFINITIONS 2 III. FOLLOW-UP ACTION 3 IV. TRANSFER OF CHECKS TO OUTSTANDING CHECK ACCOUNTS 5 V. ACCOUNTS
SAMPLE ESCROW PROBLEM GENERAL INSTRUCTIONS
SAMPLE ESCROW PROBLEM GENERAL INSTRUCTIONS Read all instructions carefully. Final results will be determined on the basis of correctness, neatness, and scope of ability as displayed by your finished papers.
Financial Services Best Practices Reconciling Payroll Expense
Financial Services policy FIN 203 Org Manager Responsibilities requires that salary and/or wage expenses be reconciled. In order to conform to best practices for reconciling payroll expense, reconciliations
HEADING: CONTRACT AGENCY LEGAL NAME
COUNTY OF LOS ANGELES - DEPARTMENT OF HEALTH SERVICES ALCOHOL AND DRUG PROGRAM ADMINISTRATION COST REPORT FOR CONTRACTED SERVICES OUTPATIENT DRUG FREE SERVICES INSTRUCTIONS COST REPORT FOR CONTRACTED SERVICES
Note: If you do not want your W 2 to be available online you must inform the Payroll Coordinator at (415) 565 4811 to suppress your W 2.
SUMMARY The IRS Form W 2 reports taxable earnings paid to employees between January 1 and December 31 of each calendar year. Taxable earnings are gross payments less any tax deferred deductions, such as
Switching to Exchange Bank
Exchange Bank is ready to help you make your banking transition in just 5 easy steps... Step 1 Open an Exchange Bank checking account. We have many checking account options to fit your needs. Talk to a
Financial procedures. 2.0 Section 2 - Payroll. 2.1 Authorisation of posts. 2.2 Joiners permanent and temporary. 2.3 Leavers
2.0 All joiners, leavers and amendments can only be authorised in writing by the Principal, the Head of Human Resources or the Human Resources Manager. 2.1 Authorisation of posts Requests for staff appointments
Governmental Entity Collection Programs Guide Setoff Debt and Government Entity Accounts Receivable (GEAR) SOUTH CAROLINA DEPARTMENT OF REVENUE
Governmental Entity Collection Programs Guide Setoff Debt and Government Entity Accounts Receivable (GEAR) SOUTH CAROLINA DEPARTMENT OF REVENUE MAY 2015 TABLE OF CONTENTS INTRODUCTION... 2 South Carolina
Financial Training Department 4-1
Salary Management & Payroll Reallocations Last Updated March 1, 2012 Financial Training Department 4-1 Table of Contents Logging on to Mainframe System... 6 Common Function Keys...10 Salary Management
What are the advantages of using an encumbrance approval system?
Definition According to the State University of New York Fiscal and Accounting Procedures for Mandatory Student Activity Fee Programs (Page 5) the custodial and disbursing agent (Sub-Board I) must establish
Application for Extension of Time To File an Exempt Organization Return
Form 8868 (Rev. January 2014) Department of the Treasury Internal Revenue Service for Extension of Time To File an Exempt Organization File a separate application for each return. Information about Form
PAYROLL SCOPE. This policy applies to all employees of the University. DEFINITIONS. Federal and provincial tax rules define employee as follows:
Effective Date: April 22, 2002 Supersedes /Amends: n/a Originating Office: Human Resources Policy Number: HR-37 SCOPE This policy applies to all employees of the University. DEFINITIONS Federal and provincial
POLICY ON RELOCATION SCHEME FOR NEWLY APPOINTED EMPLOYEES
APPENDIX A POLICY ON RELOCATION SCHEME FOR NEWLY APPOINTED EMPLOYEES Version & Policy Number Guardian Date Produced Next Review Date Version 2 : Relocation HR April 2015 April 2017 Approved by SMT Approved
Taxable Income on Group Life Insurance in Excess of $50,000
December 8, 2005 on Group Life Insurance in Excess of $50,000 Section 79 of the Internal Revenue Service Code provides that, generally, the cost of the first $50,000 of Group Term Life Insurance is not
Accounts Receivable Toolkit
Accounts Receivable Toolkit TABLE OF CONTENTS OBJECTIVE... 1 BACKGROUND... 1 MANAGEMENT AND INTERNAL AUDIT RESPONSIBILITIES... 1 PREVENTION... 2 COLLECTIONS... 3 Best Practices... 3 EMPLOYEE ARs... 6 Managing
COBRA & Billing Administration Administration Services Guide. Welcome!
Welcome! V4.4/2009 Table of Contents: Welcome Message COBRA & Billing Administrator Contact Information COBRA & Billing Administration Overview COBRA Administration Functions Procedures for Full COBRA
Housing Benefit Overpayments Policy. December 2013
Housing Benefit Overpayments Policy December 2013 1. Aims of the Policy 1.1. The aims of this policy are: 1.1.1. to ensure we minimise overpayments and reduce them as much as is possible when raised 1.1.2.