Why Practical Payroll Workshop !

Only with practical activities you can learn how to prepare the monthly payroll and auditing it for accuracy.

Also calculate taxes, social insurances, employee benefits, loans vacations and End of Service Benefits (EOSB), reconcile payroll with accounting and audit the supporting documents for payment.

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.
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