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Ensuring payroll compliance in 2024: What’s new?

BMT Office Administration

Maintaining payroll compliance is a must for accounting departments, but it’s often easier said than done. That’s especially true whenever new changes come about, and 2023 was a year rife with new payroll regulations, trends, and initiatives. not signing up for your 401(k) plan).

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10 Best Financial Management Tools for Personal and Professional Use

Success

So, if you are keeping up with income and expenses, you can quickly pull the data without much thought. You can connect all of your accounts to YNAB, so it can keep up with your balances. This can help you figure out how much to allocate to this expense each month. Plus, it’s free.

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Make Procedures Development a Habit, Not a Project

All Things Admin

When you look at this as a one-time project, you set yourselves up for failure. Or you may have set days of the week where you do certain reports or perform routine tasks like expense reporting or payroll. Spend the first five minutes of your workday outlining a procedure you need to create while your computer boots up.

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