PAYROLL SUPPORT Sample Clauses

PAYROLL SUPPORT. EdOps clients generally use a full-service payroll processor (e.g. ADP or Paychex) to manage payroll and associated tax remittances. EdOps serves as the primary interface between the School and payroll processor. C. Retirement Plan contributions using information in official payroll reports. ▪ EdOps coordinates the preparation of Forms W-2 with payroll processor. ▪ Additional payroll runs outside of the normal semi-monthly / bi-weekly schedule can be completed by EdOps for an additional fee. This excludes any state-mandated payroll runs, e.g., in the event of a staff termination. School Responsibilities ▪ School will update an EdOps–provided spreadsheet payroll data file and provide it to EdOps at least 24 hours before payroll vendor’s data entry cut-off date for each pay date. The School is responsible for reviewing all payroll data prior to submission to the payroll processor as well as the final reports documenting payroll submission. ▪ The School is responsible for the accurate and timely transmittal of all employee-related payroll data to EdOps for entry into the payroll system including personal, tax, benefits, and other required information. ▪ The School is responsible for the administration of its employee benefits programs and the filing of Forms 1095 as required by the Affordable Care Act. This includes any recurring or annual reconciliations of staff benefit deductions. ▪ Note: School retains and pays the fees for the payroll processing company (e.g., ADP, Paychex).

PAYROLL SUPPORT. Seller shall process weekly/bi-weekly monthly paychecks for its personnel until such time as Buyer is able to pay employees directly. Seller shall assist in the transfer of employees to a payroll system operated by Buyer or an outsourced payroll service. Seller shall assist in transferring electronic data, books and records relating to employees transferred to Buyer.