Convert Bank Statement to Verify Payroll Processing

Business owners and accountants use bank statement exports to verify payroll ACH debits, reconcile payroll processor reports, and document employee compensation for SBA loans, workers' compensation audits, and tax filing.

Key Benefits

• Exports all payroll ACH debits from ADP, Gusto, Paychex, and Rippling
• Reconciles bank payroll debits against payroll processor reports
• Supports SBA PPP loan forgiveness and SBA 7(a) payroll documentation
• Workers' compensation audit payroll verification from bank records
• Compatible with QuickBooks Payroll and Xero Payroll reconciliation

How It Works

1. Step 1: Upload your business bank statement PDF
2. Step 2: Select Excel output
3. Step 3: Filter ACH debits by payroll processor name
4. Step 4: Reconcile against your payroll provider's summary report

Frequently Asked Questions

How do I verify payroll amounts from a bank statement?

Export your business bank statement to Excel and filter the description column for your payroll processor name (ADP, Gusto, Paychex, etc.). Each payroll run appears as an ACH debit. Sum all payroll debits by month and compare to your payroll processor's payroll summary report. Discrepancies indicate a potential error in payroll processing or a missed run.

Can I use bank statements for a workers' compensation audit?

Yes. Workers' comp auditors accept business bank statement exports as documentation of total payroll paid during the policy period. Export 12 months of statements, filter payroll ACH debits, and provide the monthly totals as your payroll register for the audit.

Convert for Payroll Verification Free