Knowledge Check: Avoiding Common Payroll Mistakes

Test your knowledge on the basics of Payroll at Namely with our Knowledge Check!

Notes:

Use this Knowledge Check to check your understanding of methods to avoid common payroll mistakes at Namely. Need a refresher? Review our New Payroll Administrator Guide!

 

In step 2 of payroll processing, it is common for an admin to forget to ________ and ________ deductions and taxes for employees who have requested changes for a specific pay period.

In Step 2 of Payroll Processing, it is common for an admin to forget to suppress and override deductions and taxes for employees who have requested changes for a specific pay period.

On the Global Payroll Update page, you can suppress garnishments, deductions, and benefits accrual for all employees. If you need to make one-time updates to an employee's garnishments, deductions, and withholding information, click the pencil icon next to their name to access the Edit Check page. For more information, read Namely Payroll Processing.

 

Which payroll processes do not remove money from employee accounts?

Voids, reissues, and rollbacks do not remove money from employee accounts.

A void is when Namely removes an entire payroll record/check from Namely Payroll for an employee. A void removes the wages, taxes, and deductions from the system as if they never occurred.

A reissue payment is the corrected payment that follows a void. These are processed via a manual pay cycle, without a funds transfer.
 
A rollback is when you edit submitted pay cycles. Any required changes must be completed and re-submitted before 5:00 PM ET on the specified due date or your pay cycle will not run as planned and funds will not be transferred.

For more information on these payroll processes, refer to Understanding the Void and Reissue Process and Namely Payroll Processing.

 

Which taxation setting must be enabled for an employee who lives and works in two different states to avoid incorrect taxation?

The dual-state taxation must be turned on in order to calculate withholding amounts for employees who live and work in two different states. 

To enable the dual-state withholding calculation, you’ll need to enter withholding information for the second state and modify the employee’s dual-state taxation status. For more instructions, read Enabling Dual-State Taxation for Existing Employees.

 

Can namely make payroll tax payments on your behalf if you have not provided us with state tax registration information?

No. It is the employer’s responsibility to provide Namely with the appropriate State Tax registration information in order for us to collect, file, and remit the payment.

Interested in our Tax Registration Services? Download the Tax Registration Services Brochure and refer to Tax Registration Services Overview for more information!

 

What is a monetary return?

A Monetary Return refers to funds that have been paid by you that could not be deposited into a specific employee's account. As a result our bank, NPC, has refunded that money to your account.

Tip:

View your monetary and non-monetary returns with the payroll dashboard! Read Monetary and Non Monetary Return Release for instructions.

 

What do you do if you need to fund payroll via wire after your normal cycle due date?

Submit a case in the Help Community and follow the instructions in Methods of Payroll Funding (RFW, ACH and One-Time Wire)!