Skip to content

Payroll (UK & US) Course - Award Winning Learning Platform

Skillsology

Summary

Price
£49 inc VAT
Study method
Online
Duration
15 hours · Self-paced
Qualification
No formal qualification
CPD
7 CPD hours / points
CPD What's this?

Overview

Payroll can be the largest outlay of cash for a business every month. If the business doesn’t handle it correctly, not only can there be a loss of cash, but common mistakes often lead companies into trouble with the government.


With this course, you will understand payroll and how to avoid problems. We review the basics of payroll cycles and how to manage payrolls, how employees are defined and more.


We explore what you need to do legally to meet all the government regulations that impact payroll, involving tax & labor laws. Then focus on how to calculate paychecks, take out the proper deductions and manage the actual payment to employees. Finally, we show you how to deal with all the paperwork and accounting procedures related to payroll.

CPD

7 CPD hours / points
Accredited by The CPD Certification Service

Description

On completing this course, you will have:

  • Understood how to use the payroll cycles
  • Identified the key employee types and their government regulations
  • Understood the different types of pay and benefit options
  • Learned how to file government and tax reports
  • Identified key accounting functions and understood the related accounting reports

Syllabus:

Section 1: Payroll Basics
Unit 1.1 - Payroll Cycles
Unit 1.2 - Timekeeping


Section 2: Hiring Employees
Unit 2.1 - Defining Employee Types
Unit 2.2 - Government Forms


Section 3: Paying Employees
Unit 3.1 - Salaries and Wages
Unit 3.2 - Compensation Alternatives
Unit 3.3 - Employee Benefits
Unit 3.4 - Payments


Section 4: Payroll Deductions and Taxes
Unit 4.1 - Third Party Deductions
Unit 4.2 - Income Taxes
Unit 4.3 - Preparing Payroll


Section 5: Government Reporting
Unit 5.1 - Tax Deposits


Section 6: Payroll Accounting
Unit 6.1 - Reports & Controls
Unit 6.2 - Accounting Basics

About the Author, Lita Epstein, MBA


She is author of multiple books including: - Bookkeeping Kit for Dummies, Complete Idiot's Guide to Accounting, Reading Financial Reports for Dummies, Business Owner's Guide to Reading and Understanding Financial Statements, Trading for Dummies and Complete Idiot's Guide to Improving Your Credit Score.


She has an MBA from Emory University's Goizueta Business School where she ran the Accounting Lab and managed the finances for five departments under Facilities Management of the Emory Clinics. She also raised funds as Associate Director of Development for former President Jimmy Carter's international activities.

Questions and answers

No questions or answers found containing ''.

Sally asked:

Hi Is there any certificate/qualification at the end of this course?

Answer:

Good morning. Thank you for contacting us, That is correct, at the end of your course you will receive a certificate of attainment, which will be the certificate of completion. Note this will be CPD accredited which will be only valid in the UK only. Please let us know if you have further questions so we may assist. Kind regards.

This was helpful. Thank you for your feedback.
Denise Sherrington asked:

Can someone please tell me more about this course and how it works. I am really interested in doing a course but I have never done a online one before

Answer:

Good morning. Thank you for contacting us, You will have 12 months to complete the course, you can pop in and out as many you wish during your time with us, This course is divided into 3 pieces, the readable content, downloadable exercises, and videos that will guide you on how to complete a certain activity. Please let us know if you have any questions so we may assist. Thank you.

This was helpful. Thank you for your feedback.
Ask a question

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

Leave a review

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.
View all
Related searches: Online courses