CurlTalk

Accounting Makes No Sense To Me

SpringcurlSpringcurl Posts: 8,002Registered Users
Here's a letter I got from my work's accounting department today.

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I’m writing to notify you that your paycheck on 9/4/09 included a lump sum payment of $500. This was to acknowledge your night-time scheduled hours. This payment was processed incorrectly, so to correct the payment payroll needs to re-issue the check. For the 10/2/09 paycheck, your regular bi-weekly payment will be reduced by $500 to cancel out the previous payment. A separate check will also be issued at the same time to reflect the original $500 payment
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So let me get this straight: I got $500. Now they're taking it out of my paycheck, only to give it back to me in a separate check on my payday.

Erm...
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Comments

  • nynaeve77nynaeve77 Posts: 7,135Registered Users
    That is pretty stupid. Can't they just fix it on their end instead of, in the end, issuing three checks for the same thing?
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  • WileE-DeadWileE-Dead Banned Posts: 24,963Banned Users
    lol...yep, yep, yep...hubby would get a kick outta that & at the same time tell me about the 'logic' involved.....urgh
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  • rouquinnerouquinne Posts: 13,494Registered Users Curl Dabbler
    since i work in a government tax office with dozens of government tax auditors, my suspicion is that it has to do something with how that is taxed apart from your regular salary.
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  • WurlyLoxWurlyLox Posts: 4,858Registered Users
    I'm sure it's just to maintain a clear audit trail, being sure it's within you company's own accounting guidelines and, as Rouquinne says, probably especially due to tax issues related to the additional pay.

    Companies have to jump thru a lot more hoops like this since Sarbanes-Oxley went into effect.
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  • M2LRM2LR Posts: 8,630Registered Users
    I have a degree in accounting, so I agree with Rou that it's probably about taxes, or even one check needing to come off of a specific ledger account dealing just with nightime hours.

    Accounting seldom has to do with actual numbers and more the law and tracking of those numbers.
    :rambo:
  • YolyCYolyC Posts: 3,758Registered Users
    M2LR wrote: »
    Accounting seldom has to do with actual numbers and more the law and tracking of those numbers.

    Yep.
    Sometimes it is just easier to cancel and re-issue from the correct account than it is to make multiple adjustments to the ledgers.
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