New to Bank Rec - Payroll issues

Yahoo Archive
1
Thank you. That makes sense in terms of the info I am finding in the
Vantage help. Is there a way to reconcile direct deposit payments in
the Bank Rec? I have the feeling that our contract accountant is
making assumptions on how vantage should work, rather than how it
actually does work.

Thanks,
Valerie


--- In vantage@yahoogroups.com, "Sandy Morse" <smorse@...> wrote:
>
> Could these checks be direct deposit since the direct deposit on
payroll
> is a deduction and the net is zero. It does print a zero check and
you
> have to clear them.
>
> Sandy Morse
> BVR Technologies Company
> 815-874-2471 x112
2
We recently switched over our Payroll to Vantage. We are trying to
reconcile payroll through the Bank Rec and find that when I go to the
Payroll clearing tab, nothing shows up under the Amount or Cleared
Amount. Checks numbers are there and I am able to view them
individually.

One odd thing is that when I view each check, the amount under Check
Amount is blank, and the Deductions show the amount that the check
should be for, according to the taxes taken out. e.g.

Base Pay = 3,750.00
Taxes = 552.53
Deductions = 3,197.47
Cehck Amount = 0.00

Do I need to enter those amounts menually in the Bank Rec or did we
configure incorrectly to begin with? I was not part of the payroll
set up process, so I don't know how it was set up.

Thanks in advance,

Valerie Lord
Project Coordinator
Taphandles, Inc.
3
Could these checks be direct deposit since the direct deposit on payroll
is a deduction and the net is zero. It does print a zero check and you
have to clear them.

Sandy Morse
BVR Technologies Company
815-874-2471 x112

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