Sprout Payroll has made a validation of payroll easier with our newest feature - The variance Report.
Currently, in order to validate any changes from your previous payroll run vs. the current, you will need to download these two summary reports and formulate via excel.
With the Variance Report, you will now be able to compare items from the current payroll vs. the same items from the previous run in the same report with just a few clicks. No more extra steps!
Here are the 3 new variance reports:
1. Variance for Recurring Adjustments Income- This report includes recurring adjustments in positive value. It shows how much was earned on the current payroll vs the previous. You can easily see any changes in the variance column.
2. Variance for Recurring Adjustments Deductions - This is the same report as the Recurring Adjustments Income except that this includes negative-valued items.
3. Net Pay Validation - This report is divided into 3 sub-categories.
- Zero Net Pay - this includes employees with Zero net pay for the payroll that you have selected
- Negative Net Pay - this category includes employees wherein net pay is in negative value for the payroll run that you have selected
- Net Pay Less Than Set Threshold Amount - if you are using the net pay threshold feature, you will be able to check if there are employee whose net pay is less than the set threshold for the run that you selected.
The Variance Report can be downloaded in Payroll Run Summary page's Download Reports button or in Reports then Payroll Summary.
These reports could serve for you as an extra validation before finalizing the payroll.
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