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What if an error is made in payroll calculation and an overpayment or underpayment of payroll occurs?

April 26, 2017calculation Error occurs Overpayment payroll underpayment

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What if an error is made in payroll calculation and an overpayment or underpayment of payroll occurs?

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This type of error is corrected by your Payroll Department initiating two transactions: one to reverse the incorrect amount and one to deposit the correct amount.