Here are a Few of My Favorite Things in Microsoft Dynamics® GP Payroll PART 2: Affordable Tools to Easily Fix Payroll Mistakes

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Here are a Few of My Favorite Things in Microsoft Dynamics® GP Payroll PART 2: Affordable Tools to Easily Fix Payroll MistakesAfter telling you all about the GP Payroll Freebies , it’s time to turn to some cool add-on products that are not free, but very affordable and hey – in the end can save you mucho time – giving you mucho FREE time – get it? LOL

Affordable Tools to Easily Fix Payroll Mistakes

Have you ever entered the wrong pay code, applied time to the wrong department, or made a mistake on an overtime calculation? It happens. Probably more often than you’d prefer to admit. One simple mistake costs valuable time. Multiple mistakes can eat up hours, if not days. As your headcount increases, so does the time it takes to process timesheets into paychecks. Pushed to meet deadlines, the risk for mistakes also increases. Correcting payroll mistakes can be much easier with these two, affordable add-ons:

  • Negative Payroll Transactions offers a more efficient way to fix payroll mistakes than a 17+ step process in GP Payroll out-of-the-box. You simply enter a negative transaction. That’s it. The negative transaction is then automatically carried through the entire payroll process. The change is reflected on the payroll reports and shows up on the next earnings statement. Records update through to general ledger entries, appropriate credits or debits are made and an audit trail is created.
  • Negative Deductions Enhancement was designed specifically to address over-withholdings and saves valuable time in the payroll department. Simply enter a deduction for over-withheld health insurance or life insurance amounts, and let Negative Deductions finish the process. Deductions can be delivered on a check with wages, or a check with no wages. The deductions will appear on a pay stub and a transaction report will detail the converted and non-converted deductions in the payroll process.

And I’m not done yet – stay tuned for PART 3 (the final part!) of my favorite things in GP Payroll.

And as always, don’t hesitate to reach out about anything GP Payroll related – we love to help!

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