Can I Change Coding Issues In My GL After Finalizing Payroll?

With APlus Payroll, yes you can! When payroll is finalized, it feels like a weight has been lifted—until a coding issue appears in the General Ledger (GL). These errors can quickly disrupt financial reporting and workflow efficiency. Thankfully, APlus’s General Ledger Adjustment feature is here to help you.

This powerful tool allows users to easily correct coding issues, reallocate numbers, and edit distributions after payroll has been finalized. By streamlining financial processes, it enables businesses to save time, improve compliance, and reduce costly mistakes. Let’s explore the key benefits of this feature and how it can transform financial operations.

1. Enhanced Accuracy for Financial Records

Mistakes on the General Ledger are not uncommon, especially in businesses with complex payroll structures involving multiple departments, projects, or cost centers. Before APlus’s adjustment feature, these errors often meant a labor-intensive process requiring manual reconciliation or even reversing finalized payroll.

With APlus, however, you can directly adjust and correct GL coding without needing to reopen payroll. For example, if a portion of an employee’s payroll was incorrectly attributed to the wrong cost center, you can edit the distribution in moments instead of hours. This functionality ensures your financial records remain accurate, supporting better decision-making and compliance with financial standards.

2. Significant Time Savings

Time is a precious resource, and no one wants to lose it to avoidable manual tasks. Traditional methods for correcting GL errors often involved lengthy back-and-forth correspondence between payroll and accounting teams. Say goodbye to the back and forth.

3. Reduced Manual Errors

Manual data adjustment can introduce new errors, which can create a snowball effect in your financial reporting. APlus’s user-friendly interface simplifies reallocations and distributions, minimizing the risk of additional mistakes.

4. Improved Compliance and Auditing

Compliance is a top priority, and accurate financial records are essential for meeting regulatory requirements. When you adjust GL entries with APlus, the system automatically creates a detailed audit trail, documenting every change made.

This feature simplifies both internal reviews and external audits, ensuring your business stays compliant with industry standards and regulations. Like to learn more? Contact your friendly CSS directly. Not a client yet but interested in finding a Company where your needs are the priority?  Contact us here. You’ll be glad you did.