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WASHOE COUNTY SCHOOL DISTRICT ESP Processing and Reconciliation Work Instruction (PAYW031) 1.0 SCOPE: 1.1 This work instruction describes the process by which the Payroll Department processes monthly
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ESIP processing and reconciliation is a process used to verify and reconcile employee stock incentive plan transactions.
Companies that offer employee stock incentive plans are required to file ESIP processing and reconciliation.
ESIP processing and reconciliation forms can be filled out electronically or manually, depending on the company's preference.
The purpose of ESIP processing and reconciliation is to ensure accurate reporting of employee stock incentive plan transactions.
Information such as employee names, stock options granted, exercised, and expired, and any other stock-related transactions must be reported.
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