When last have you done a Payroll Audit?

With all the tax and business requirement changes, it is necessary to ensure everything is running smoothly and accurately. Just as we have our vehicles serviced on a regular basis and checked before a long journey, likewise, we need to check our payroll systems and have it audited.
Conducting a payroll audit (also known as a compliance audit) every year, can help to:
- Prevent payroll fraud – weeding out ghost or mismarked employees
- Catch manual errors made when entering numbers onto a system
- Spot calculation mistakes if doing the payroll manually
- Removing old, terminated employees from the system
- Confirm the system is calculating leave according to the company’s leave policy
- Verify Tax calculations and Tax Tables
- Checking your system is in line with company policy
If you fail to audit your payroll process, your business can end up forking out excess money, breaking employment laws, and remitting incorrect tax amounts.
AWCape has a team of certified consultants who can assist in doing a payroll audit and ensuring your business runs as efficiently, timely and accurately as possible.
Get in touch with our team at info@awcape.co.za and let us help you.





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