When is the best time to reconcile your payroll?

The best time to reconcile your payroll is at the end of each pay period, typically bi-weekly or monthly, to ensure all hours worked, deductions, and benefits are accurately accounted for. Additionally, it's advisable to conduct a thorough reconciliation at the end of each quarter and year to prepare for tax filings and to address any discrepancies promptly. This regular review helps maintain accurate records and ensures compliance with tax regulations.