Tax Reconciliation

Every Tax Dollar
Accounted For.

Tax reconciliation closes the loop on the payment lifecycle — reconciling what clients owe, what your bureau collected, what was paid to agencies, and what sits in your bank account. Discrepancies surface before they become regulatory problems.

Four Layers, One Reconciliation

Most bureaus check one or two layers manually. WhizFlow reconciles all four automatically, every pay period.

#1

Client Liability

Tax obligations calculated from each client's payroll run — federal, state, and local withholding amounts per employee.

#2

Bureau Impounds

Funds collected from clients by the payroll bureau, earmarked for tax remittance. Matched against liability to confirm full collection.

#3

Bureau Payments

Tax remittances made to agencies on behalf of clients. Reconciled against impound funds to confirm every collected dollar was remitted.

#4

Bank Account

Actual cash position in the bureau's tax account, reconciled against expected balance based on impounds minus payments.

Catch Gaps Before They Become Problems

Per-Client, Per-Period Visibility

Reconciliation status tracked at the client level by pay period — see exactly which clients are balanced and which have open discrepancies.

Discrepancy Detection

Any gap between liability, impounds, payments, or bank balance is flagged automatically with the source payroll run identified.

Full Audit Trail

Every reconciliation action — matches, overrides, exception resolutions — is logged with actor, timestamp, and linked records.

Exception Workflow

Flagged discrepancies surface in the operational dashboard with context. Staff can review, annotate, and resolve without touching raw data.

Period-End Reconciliation Reports

Export reconciliation summaries per client or across all clients for a period — ready for compliance review or client reporting.

Reconciliation Status — Acme Corp · April 2025
Client Liability
$14,832.00
Bureau Impounds
$14,832.00
Tax Payments
$14,832.00
Bank Account
$14,832.00
Fully reconciled · No discrepancies
Would have flagged: Impound short $240.00 vs liability

Stop Reconciling Manually

WhizFlow tracks every dollar from liability to payment — and tells you immediately when something doesn't add up.