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Payroll Systems the Basics Certificate

Be-a.co.uk

Summary

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

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Overview

The role of payroll in modern businesses cannot be understated. Every business with employees, whether it has just a couple of workers or hundreds of staff, must run a payroll. It does not just help pay employees accurately, keep transaction records or remit and file taxes, but offers many other benefits to business owners. Payroll systems play important roles in businesses, including avoiding fines, penalties and even legal action. Therefore, small and large businesses alike should work on an effective and efficient payroll.

This course has been designed to introduce you to the basics of payroll and payroll systems. First, it defines the term payroll and differentiates it from a payroll system. Next, we explain how a payroll works and the various functions it performs to help businesses accomplish different aspects of operations. It also covers the various benefits of payroll systems and how business owners can choose the right payroll system that meets specific business needs.

CPD

1 CPD hours / points
Accredited by Centre of CPD Excellence

Description

You Will Learn:
  • The definition of payroll
  • The various payroll tasks
  • The role of payroll in business operations
  • The definition of a payroll system and its varied functions
  • The benefits of payroll systems to small, medium and large businesses
  • How to choose the right payroll system for specific business needs
Benefits of Taking the Course
    Taking the course will help you:
  • Learn fundamental basics of payroll and payroll systems
  • Understand how payroll and payroll systems work
  • Learn the various functions of a payroll system
  • Learn the benefits of payroll systems in modern businesses
  • Develop enthusiasm and motivation to learn more about payrolls and accounting
  • Determine if you’re interested in the subject enough to explore accounting or take it up as a career in the future

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

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.
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Similar subjects: Payroll, Accounting and finance
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