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Collaboration Between A/P and Payroll: Staying Connected in a Remote Environment
On-Demand Recording
A/P and Payroll are inextricably linked – but in the era of remote work, it can be hard for these two essential departments to stay on the same page.
That’s why it’s critical to align the functions of your Payroll department with A/P - which, without a centralized office, is easier said than done.
For example, how do you determine which department is responsible for making and reporting different payments to employees?
And how do you ensure that, no matter which department handles the actual payments, reporting is transparent and available for distribution between departments?
When roles and expectations are clearly defined, these teams can better support one another – which means your organization makes fewer mistakes, stays compliant, and avoids costly missteps.
Join this workshop to learn best practices for division of labor between Payroll and A/P - and how to ensure these two essential teams are collaborating and communicating at your organization.
You’ll walk away knowing:
- Best practices for process documentation to keep both departments organized in a distributed environment
- Ways to identify and communicate what each department needs to be successful through the ongoing pandemic
- How to use IRS guidelines and reporting to determine which department processes different payments - especially as new pandemic-related expenses arise (like PPE, remote equipment allowances, etc.)
- And more!
Avoid the pitfalls that come with disorganized financial processes
- Common mistakes each department makes that can be costly to the company
- How to foster improved communication between the two departments
- Up-to-date best practices for handling business expenses
- Understand fringe benefits and the impact they have on both departments
An in-depth look at the roles and responsibilities of A/P and Payroll
- Detailed discussion on the updated 1099-NEC form
- The final rule on which department should be responsible for Form W-9
- A review of the cost of non-compliance for tax withholding
Prepare your organization to handle disruptive or unusual events
- A/P’s and Payroll’s roles in deceased employee pay
- How legal settlement payments should be paid and reported by each department
- Maintain audit-proof files and communication
Program Benefits
This program will give you the tools you need to ensure your Payroll and A/P departments collaborate efficiently, communicate often, and clearly understand one another’s roles in the company – whether you’re in the office or not.
If you'd like this program customized for your organization, call us at 1-800-964-6033.
We're certain we can fulfill your training needs, while making it fit in your budget!
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FOR ONLY $99
Receive all the valuable tools, guidance, and materials as if you attended live!
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HRCI CREDITS
This program has been approved for 1 (HR (General)) recertification credit hour toward aPHRTM, aPHRiTM, PHR®, PHRca®, SPHR®, GPHR®, PHRiTM and SPHRiTM recertification through the HR Certification Institute. Learn more at hrci.org
NASBA CREDITS
Credit Hours:
1Field of Study:
AccountingProgram Level:
Basic KnowledgePrerequisites:
NoneAdvance Prep:
NoneDelivery Method:
Group Internet BasedProgressive Business Conferences is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
