Common use of Payroll Processing and Retirement Reporting Clause in Contracts

Payroll Processing and Retirement Reporting. A) Payroll Processing 1) Maintain employee information, related to payroll processing, within the Paycom software based on information Client has submitted to ExED. 2) Notify Client if Client does not have sufficient funds to cover its payroll amounts, taxes, processing charges and fees in Client’s designated Demand Deposit Account, on or before 1:30 p.m., Central Time, based on one of the following schedules: Three (3) banking days prior to each check date, unless the check date is on a Saturday, Sunday, or bank holiday, in which case four

Payroll Processing and Retirement Reporting. A) Payroll Processing 1) Maintain employee information, information related to payroll processing, processing within the Paycom software based on information Client has submitted to ExED. 2) Notify Client if Client does not have sufficient funds to cover its payroll amounts, taxes, processing charges and fees in Client’s designated Demand Deposit Account, on or before 1:30 p.m., Central Time, based on one of the following schedules: Three (3) banking days prior to each check date, unless the check date is on a Saturday, Sunday, or bank holiday, in which case four