Why Practical Payroll Workshop !
Understanding the Ideal
Accurately Calculate
Reporting as Professionals
TRAINING OUTLINES:
TRAINING OUTLINES:
Calculating:
- Introduction to the HR function and how its related to other departments.
- Payroll as a link between HR and accounting and finance.
- Managing payroll process for:
- Contract professionals.
- Full time employees.
- Temporary help.
- Outsourcing.
- Looking for the right controls before starting preparing and calculating payroll.
- Determining the right calculation basis for payroll.
- Elements of risk leading to payroll mistakes
- Managing increments and deductions.
- Payroll approvals.
- Preparing payroll schedules.
- Calculating Social Insurance deductions.
- Calculate Taxes deductions.
- Access to employee benefits.
- Reporting on loans status.
- Calculating end of service benefits for company and employees.
- Reporting on benefit plans.
- Recording payroll and benefits costs to assets or inventory.
- Reconciling payments with bank accounts transactions.
REPORTING PAYROLL:
- Payroll monthly and annual reports.
- Reporting to ministry of labor.
- Reporting to social security authorities.
- Recording payroll and benefits costs to assets or inventory.