Lesson 2.1 Activity
- Verify Your Permissions: Log into FastFund Online. Look at your horizontal Main Menu and vertical Task Menu to ensure you can see the Administration and Company Setup options. If you cannot see them, you do not currently have Company Administration rights.
- Review Core Company Data: Navigate to Company Setup and review your organization’s core details. Verify that the Business Name, Federal Tax ID, State Tax ID, and Primary Address are accurate, as this data will populate your payroll tax forms and W-2s.
- Audit Your Chart of Accounts: Consult with your accounting team to verify that the necessary general ledger accounts (Gross Salary, Tax Expenses, and Tax Withholdings) have been fully established in the FastFund Accounting module so they are ready to be linked to your payroll defaults in upcoming lessons.