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The system's check reconciliation assistance information can be compared with bank statements to help you keep track of information regarding employer accounts and cleared payments.
Payroll posting processes build open liability records and payment records
When a payroll is posted, automatic payroll posting processes build payment-tracking records that display in the Check Reconciliation window and in the Payment Liabilities Reconciliation window for tax and vendor payments. All ACHs and direct deposits for the payroll automatically are marked as "cleared" in the check reconciliation.
With your organization's bank statement, use the Check Reconciliation screen to track system payroll checks until they clear and then mark those payments as cleared. For banking purposes, a check has "cleared" when its payment has been deducted from the payment account.
Reconciliation can alert you to any checks or payments that may have been lost or are otherwise unpaid.