<p>Join us for an immersive 2-hour virtual course that combines the intricacies of accounting procedures for managing payroll processed by external service providers with the fundamentals of setting up and managing an effective payroll system. Participants will receive a deep dive into accurately recording payroll transactions, reconciling third-party payroll reports, and ensuring proper reflection of outsourced processes in financial entries. Additionally, learners will explore the fundamental components of payroll processing, including calculating wages, withholding taxes, and complying with state and federal regulations. By the end of this interactive session, attendees will be proficient in the end-to-end accounting cycle for third-party payroll, equipped with the practical skills needed to execute payroll accurately, handle post-payroll tasks, and maintain accurate records, thereby ensuring compliance and facilitating accurate financial reporting.</p>