CIS Payroll and Accounting Mastery with Xero for Contractors & Small Businesses

Empower UK Employment Training

Reed Courses Certificate of Completion

Digital certificate - Included

• Course Intro 02:59

  • 1: Payroll and Xero: Course Intro 02:59

• Module 01: Introduction to CIS – What You Need to Know 04:20

  • 2: Payroll and Xero: Introduction and Overview of CIS 04:20

• Module 02: Registering with HMRC for CIS 04:21

  • 3: Payroll and Xero: Registering with HMRC for CIS Scheme 04:21

• Module 03: Understanding CIS Deductions 04:16

  • 4: Payroll and Xero: CIS Deductions and Reporting 04:16

• Module 04: Getting Started with Xero 12:26

  • 5: Payroll and Xero: Welcome to Xero 12:26

• Module 05: Setting Up a New Company in Xero 07:59

  • 6: Payroll and Xero: Setting up a New Company on Xero 07:59

• Module 06: Enabling CIS in Xero 04:16

  • 7: Payroll and Xero: Enabling CIS in Xero 04:16

• Module 07: Adding Subcontractors 04:53

  • 8: Payroll and Xero: Adding New Subcontractors on Xero 04:53

• Module 08: Creating CIS Bills 07:34

  • 9: Payroll and Xero: Creating a CIS Bill on Xero 07:34

• Module 09: Checking Deductions 04:16

  • 10: Payroll and Xero: Reviewing CIS Deductions 04:16

• Module 10: Adding a Business Bank Account 04:16

  • 11: Payroll and Xero: Adding a Business Bank Account on Xero 04:16

• Module 11: Setting Up Invoices 04:16

  • 12: Payroll and Xero: Invoice setting on Xero 04:16

• Module 12: Creating Invoices in Xero 06:56

  • 13: Payroll and Xero: Creating Invoice on Xero 06:56

• Module 13: Bank Reconciliation 04:39

  • 14: Payroll and Xero: Bank Reconciliation on Xero 04:39

• Module 14: Filing Monthly CIS Returns 04:16

  • 15: Payroll and Xero: Filing Monthly CIS Returns to HMRC on Xero 04:16

• Module 15: Sending Statements to Subcontractors 04:16

  • 16: Payroll and Xero: Emailing Statements from Xero to Subcontractors 04:16

• Module 16: Monthly CIS Filing (CIS Suffered) 04:16

  • 17: Payroll and Xero: Monthly CIS filing ( CIS Suffered ) on Xero 04:16

• Module 17 & 18: CIS Payment Deadlines 04:16

  • 18: Payroll and Xero: CIS Payment Deadlines Table 04:16

• Module 19: Tips & Q&A 05:05

  • 19: Payroll and Xero: Tips and Q & A 05:05

Course Curriculum Breakdown

• Introduction to CIS Payroll and Accounting
• Understanding Contractor and Subcontractor Relationships
• HMRC CIS Requirements and Compliance Overview
• Understanding CIS Deductions and Allowances
• Calculating CIS Payments Correctly
• CIS Reporting Obligations for Contractors
• Setting up a New Company in Xero
• Configuring Accounting Settings in Xero
• Adding Bank Accounts and Payment Methods in Xero
• Adding Subcontractors and Managing Records in Xero
• Tracking Payments and CIS Deductions in Xero
• Creating CIS Bills and Payment Schedules
• Reviewing and Adjusting CIS Deductions
• Recording Expenses and Costs for Contractors
• Creating Standard and Recurring Invoices in Xero
• Customizing Invoice Templates
• Bank Reconciliation in Xero
• Filing Monthly CIS Returns to HMRC
• Handling CIS Suffered for Subcontractors
• Managing VAT alongside CIS Deductions
• Understanding Payroll Basics for Contractors
• Recording Salaries and Contractor Payments
• Handling Bonuses, Expenses, and Adjustments
• Ensuring Data Accuracy and Audit Readiness
  

This course will pave the way for higher study in the field of Xero & Payroll Management. You can enrol on higher level Xero & Sage Payroll Management courses, such as:

• Level 2 Award in Computerised Payroll for Sage Payroll 50
• Level 3 Certificate in Computerised Payroll for Sage Payroll 50
• Level 3 Award in Payroll Processing using Sage 50
• Level 2 Certificate in Computerised Payroll
• Level 3 Certificate in Payroll Administration
• Level 4 Diploma in Payroll Management
• Level 3 Award in Payroll Operations
• NVQ Level 3 in Payroll Administration
• NVQ Level 4 in Payroll Management
• Level 2 Certificate in Bookkeeping with Xero
• Level 3 Advanced Certificate in Accounting with Xero Practice
• Level 4 Advanced Diploma in Xero Payroll Management
• Level 5 Diploma in Cloud Accounting with Xero Specialisation

• Payroll Manager
• Payroll Administrator
• Financial Analyst
• Tax Accountant
• Bookkeeper
• Payroll clerk
• Payroll Officer

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