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Bookkeeping & Payroll Management course

Level 5 Diploma in Bookkeeping and Payroll Management | with our online interactive Level 5 course


UK Professional Development Academy LTD

Summary

Price
Save 36%
£12 inc VAT (was £18.99)
Offer ends 31 May 2024
Study method
Online
Course format What's this?
Reading material - PDF/e-book
Duration
4 weeks · Self-paced
Access to content
12 months
Qualification
No formal qualification
CPD
100 CPD hours / points
Certificates
  • Certificate of completion - £42
  • Certificate of completion - £65
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

82 students purchased this course

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Overview

UKPDA offers this Bookkeeping & Payroll Management course to provide learners necessary skills to work in the payroll and bookkeeping sectors. This course provides an overview of how bookkeeping and payroll can be used to manage your company’s finances and provide helpful information for planning, budgeting and analysis.

To be successful in today’s dynamic business environment, you need to equip yourself with the skills required for different roles within an organisation. While this course is not designed to produce qualified accountants, it aims to provide professional development skills for people interested in exploring or beginning a career path in these areas.

A specialist designs bookkeeping & Payroll Management courses by considering the need of job seekers and people already working with established businesses, which covers most of your professional needs in Bookkeeping & Payroll Management.

The bookkeeping & Payroll Management diploma course will help you learn from scratch and take you to a higher level of professionalism. As you may know, organisational skills are important because good organisational skills establish trust and professionalism in the workplace. So, if you are looking to join various Bookkeeping & Payroll Management skills, then this is your most desired course.

Are you new to online learning?

Don’t worry. Along with providing most professional courses, UKPDA also provides the most regular tutor support via online mediums and will guide you in every possible way to get the most out of your online course. Further, assessments are challenging but interesting, and will not take much of your time. You will have to read through the provided study material and attempt the Multiple Choice Questions (MCQs) afterwards.

CPD

100 CPD hours / points
Accredited by Step Ahead CPD Qualifications

Course media

Description

Course Outline:

The Bookkeeping & Payroll Management course is based on 100 CPD points. Therefore, Learner must need to complete the following modules given below

Modules Outline:

This CPD course in Bookkeeping & Payroll Management comprises ten modules in which learners must achieve 100 credits. Modules are:

Module 1: Basic Bookkeeping Skills

This Bookkeeping and Payroll Management module covers the following key topics:

  • Understand basic accounting terminology.
  • Identify the differences between the cash and accrual accounting methods.
  • Keep track of your business by becoming familiar with accounts payable and accounts receivable.
  • Use a journal and general ledger to document business financials.
  • Utilise the balance sheet.
  • Identify different types of financial statements.
  • Uncover the reasons for and actually create a budget.

Module 2: Achieve and Record Management

This Bookkeeping and Payroll Management module covers the following key topics:

  • Define records and archives
  • Analyse records in context
  • Classify records
  • Understand different systems
  • Maintain and convert records

Module 3: Budgets and Financial Reports

This Bookkeeping and Payroll Management module covers the following key topics:

  • Identify financial terminology
  • Understand financial statements
  • Identify how to analyse financial statements
  • Understand budgets
  • How to make budgeting easy
  • Understand advanced forecasting techniques
  • Understand how to manage the budget
  • Identify How to make smart purchasing decisions
  • Identify the legal aspects of finances

Module 4: Payroll Management & Sage Payroll Management System

This Bookkeeping and Payroll Management module covers the following key topics:

  • Payroll Management
  • Negative and Positive Payroll
  • Types of Payroll System
  • Outsource Payroll process
  • In-House computerised Payroll process
  • In-House manual payroll system
  • H M R C
  • Overview of the General Payroll Process
  • Set up new employees
  • Collect time card information
  • Verify time card information
  • Summarise wages due
  • Enter employee changes
  • Calculate applicable taxes
  • PAYROLL MANAGEMENT SYSTEM
  • Overview of Sage
  • Key features of Sage Payroll
  • Benefits of Sage
  • Sage Module details

Module 5: Creative Problem Solving

This Bookkeeping and Payroll Management module covers the following key topics:

  • Understand problems and the creative problem-solving process
  • Identify types of information to gather and key questions to ask in problem-solving
  • Identify the importance of defining a problem correctly
  • Identify and use four different problem definition tools
  • Write concrete problem statements
  • Use basic brainstorming tools to generate ideas for solutions
  • Use idea-generating tools, such as affinity diagrams, word chaining, the box method, the six thinking hats, and the blink method
  • Evaluate potential solutions against criteria, including cost/benefit analysis and group voting

Module 6: Crisis Management

This Bookkeeping and Payroll Management module covers the following key topics:

  • Understand the myths behind workplace violence
  • Define escalation and identify examples
  • Learn concerning behaviours
  • Know what a trigger is and how that can escalate
  • Understand the proper response to an event.

Module 7: Critical Thinking

This Bookkeeping and Payroll Management module covers the following key topics:

  • Understand the components of critical thinking
  • Utilise non-linear thinking
  • Use logical thinking
  • Recognise what it means to be a critical thinker
  • Evaluate information using critical thinking skills
  • Identify the benefits of critical thinking
  • Revise perspective, when necessary
  • Comprehend problem-solving abilities

Module 8: Managing Personal Finances

This Bookkeeping and Payroll Management module covers the following key topics:

  • Understand your personal expenses
  • Know the benefits of making a budget
  • Set financial goals
  • Develop good spending habits
  • Learn how to pay off debt.

Module 9: Measuring Results

This Bookkeeping and Payroll Management module covers the following key topics:

  • Understand Kolb’s learning styles and learning cycle
  • Understand Kirkpatrick’s levels of evaluation
  • Be familiar with many types of evaluation tools, including goal setting, tests, reactionary sheets, interviews, observations, hip-pocket assessments, skill assessments, and learning journals
  • Understand when to use each type of evaluation tool
  • Be able to perform a needs assessment
  • Know how to write learning objectives and link them to evaluate
  • Be able to write an evaluation plan to evaluate learning at each stage of the training and far beyond

Module 10: Risk Assessment and Management

This Bookkeeping and Payroll Management module covers the following key topics:

  • Identify hazards and risks
  • Update control measures
  • Grasp the fundamentals of accident reports
  • Identify risk management techniques
  • Outline a disaster recovery plan

Course Certification

Upon successfully passing the course, the Learner must pay for the CPD Accredited Certificate of Completion in PDF format or Hard-copy.

CPD Accredited Certificate of Completion (PDF format) = £42

CPD Accredited Certificate of Completion (Hardcopy) = £65 + postage charges local £9 = £74

CPD Accredited Certificate of Completion (Hardcopy) = £65 + postage charges International £14 = £79

Who is this course for?

Course / Training Format

After successful enrolment in Bookkeeping and Payroll Management Course, the learner will get access to the UKPDA Learning Platform, where all the study material / Training Manual will be available. Learning Platform can be accessed 24/7 anywhere, anytime.

Training Manual contains several modules, each having specific knowledge and case study at the end. All the course material will be in the form of texts (images/illustrations), and there are no video or live lectures during the training course.

The Test (MCQ’s) will be based on modules of the Training Manual.

Assessment

After studying through the training manual, Learner will have to attempt the Final Test (online multiple-choice test – 2 attempts), if necessary, may attempt the test a third time at no extra cost. Your test will be assessed automatically and straightaway so that you will directly know whether you have been successful or not. The passing score is 75%. You can retake the test in the case of not being successful at the first attempt.

Before attempting your Final Test, you will have the opportunity to test your proficiency with a Mock Test (online multiple-choice test - Unlimited attempts).

All test(s) are online and are taken either through or after the course; these are included in the course price.

Course Duration

The minimum time period to complete this training is 4 Weeks. But it is a self-paced course, and the duration of completion depends on the learner’s pace and ability to give time to study.

Learners will have access to their Training via Learning Platform for up to 12 months from the date of enrolment. During this period, flexibility will be given to learners completing the course at any time.

Without any prior knowledge of Bookkeeping & Payroll Management the learners can take this training course and in addition to this, there are no age restrictions. Thus, anyone who is passionate and ambitious about Bookkeeping & Payroll Management can take the course. There are no specific deadlines for admission, and you can enrol anytime on this Bookkeeping & Payroll Management course.

Requirements

There are no precise requirements for Bookkeeping & the Payroll Management Certificate as no prior knowledge and experience of Bookkeeping & Payroll Management is required.

Students seeking to enrol for this Bookkeeping & Payroll Management course should meet the following requirements;

  • Be aged 16 years or above
  • Solid knowledge of English Language
  • Working Knowledge of Information Communication Technologies for studying online that is the Internet and Microsoft Office
  • A genuine desire to study and succeed.

Career path

After completing the Bookkeeping & Payroll Management course, you will be able to grip yourself with specific knowledge and skills with the highest level of confidence to improve yourself and enhance the skills for your career in the relevant employment sector.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Certificate of completion

Digital certificate - £42

Upon successfully passing the course Final Test, the Learner must pay for the CPD Accredited Certificate of Completion from UKPDA in PDF format or Hardcopy.

Certificate of completion

Hard copy certificate - £65

Upon successfully passing the course Final Test, the Learner must pay for the CPD Accredited Certificate of Completion from UKPDA in PDF format or Hardcopy.

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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.