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Payroll – How to Calculate Net and Gross Pay Certificate

Student Discount Card Eligible | Lifetime Access | Online certified training |Online certificate and exam included


Be-a.co.uk

Summary

Price
£12 inc VAT
Study method
Online
Duration
Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
1 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

10 students purchased this course

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Overview

Good payroll management is key to the running of a business. Fortunately, this is a relatively simple matter now that we have software packages able to calculate tax, National Insurance contributions, and other deductions that need to be taken off an employee’s payslip.

However, it is still essential that you understand the basic concepts underlying these calculations. In this course, you will learn the differences between net and gross pay.

** When purchasing this course you will be eligible to apply for the XO Student Discount Card!! You can save on brands such as New Look, Disney, ASOS, Hotels, Miss Selfridge , Domino’s and many more.**

CPD

1 CPD hours / points
Accredited by The CPD Certification Service

Description

You Will Learn:

  • What is meant by the term “gross pay” and how it is calculated
  • What is meant by the term “net pay” and how it is calculated
  • The most common types of deductions displayed on a payslip
  • Why a high-quality payroll package is an essential business tool
  • When you should consider manually checking your payroll figures

Benefits of Taking This Course:

  • If you are responsible for overseeing a payroll at work, this course will help you fulfil your duties
  • This course will prevent you from making mistakes that could cost your business considerable time and money in the long run
  • This course will help you work with employees to resolve any difficulties and discrepancies relating to pay
  • This course will help you decide who requires payroll training in your business, which is useful if you work in an HR or training role


Course Modules/Lessons:

Module 01: Introduction
Module 02: How to Calculate Gross and Net Pay within Your payroll System
Module 03: Why High Quality Payroll Software is so Important for an Accurate and Smooth Running Payroll System
Module 04: Should You Manually Check Your Payroll Figures?

Who is this course for?

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

Requirements

Our Course is fully compatible with PC’s, Mac’s, Laptop, Tablet and Smartphone devices. Now more than ever people are using the internet while on the move so our course has been designed to be fully compatible on tablets and smartphones so you can access your course on wifi, 3G or 4G.

There is no time limit for completing this course, it can be studied in your own time at your own pace.

All tests are online and are taken either during or after the course, these are included in the price.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.