This module is designed to provide you with a comprehensive understanding of payroll management and processes. Payroll plays a critical role in any organisation as it ensures the accurate and timely payment of employee salaries and benefits.
Accounting Training
PAYROLL TRAINING
Appropriate For:
- Aspiring bookkeepers and anyone wanting to start an accounting career
- New entrants into the accounting sector
- Learners pursuing accounting qualification
- Candidates with overseas experience
Learn Softwares like:
Skill:
Beginner
Duration:
40 Hours
Sessions:
8 Sessions
Schedule:
Full Time / Part Time
Mode:
Classroom / Online
OUR PROGRAM INCLUDES
CV Preparation
Job-Endearing CV preparation empowers an accounting career.
Interview Training
Our Interview training enriches aspirants’ skills and abilities to ace competent job opportunities.
Placement Assistance
Expert placement assistance defines terrific performances and aptitudes that impress employers.
Industry Reference
Huge clientele from numerous businesses vouch for potential job recommendations.
Certifications Provided
CPD Certificate
Rizwa Training Official
Achievement Certificate
Software Certificates (Xero,
QuickBooks & Sage)
Overview
Are you looking for a comprehensive payroll training course in London? We are the ultimate destination for individuals seeking a comprehensive payroll training course in London. Our company stands out as a top-tier provider of professional training services, with a particular focus on payroll and accounting.
Our team of expert trainers is committed to empowering you with the essential knowledge and skills needed to thrive in payroll management. By enrolling in our extensive course, you will have the opportunity to augment your expertise, remain abreast of industry developments, and unlock a multitude of exciting career prospects.
Our Payroll Training Course equips students with the necessary knowledge and skills to administer payroll effectively for a company. The course covers a range of payroll-related topics, including calculating employee wages and salaries, managing tax deductions, and generating payroll reports. The primary objective of our course is to educate students on efficiently managing payroll while ensuring compliance with legal and regulatory standards.
By combining critical theoretical concepts with practical skills, our unique approach gives you a significant competitive advantage in your job search. You will gain a clear understanding of various bookkeeping and payroll procedures, enabling you to excel in your future career endeavours.
Job Prospects
- Sales Ledger Clerk
- Purchase Ledger Clerk
- VAT Manager
- Cash Controller
- Trainee Bookkeeper
- Account Receivable Clerk
- Billing Clerk
- Payroll Specialist
- HR Generalist
This module is designed to provide you with a comprehensive understanding of payroll processes and best practices. We will explore the key components of payroll management, from calculating wages to complying with legal requirements.
Introduction to Payroll
- Definition and importance of payroll management
- Overview of payroll processes and responsibilities
- Understanding legal and compliance requirements related to payroll
Payroll Regulations and Compliance
- Familiarization with relevant employment laws and regulations
- Understanding wage and hour laws, tax regulations, and deductions
- Compliance with payroll reporting and recordkeeping requirements
- Ethical Considerations and Confidentiality in handling payroll information
Employee Data Management
- Collection and maintenance of employee data for payroll purposes
- Confidentiality and security measures for handling employee information
- Handling changes in employee status (new hires, terminations, promotions, etc.)
- Data integrity and accuracy in payroll records
Payroll Taxes and Reporting
- Introduction to payroll tax obligations (Social Security, Medicare, unemployment)
- Calculation and remittance of payroll taxes to appropriate government agencies
- Preparation and filing of payroll tax forms (e.g., Form 941, W-2, W-3)
- Compliance with tax deposit and reporting deadlines
Payroll Auditing and Recordkeeping
- Importance of payroll audits for accuracy and compliance
- Conducting internal payroll audits to ensure accuracy and identify discrepancies
- Recordkeeping requirements for payroll documentation
- Documentation and retention of payroll records for auditing and legal purposes
Payroll Reporting and Analysis
- Generating payroll reports for management and financial analysis
- Analyzing payroll data for budgeting, forecasting, and cost control purposes
- Identifying trends, patterns, and anomalies in payroll information
- Using payroll data to inform strategic decision-making and workforce management
This module is designed to provide you with a comprehensive understanding of payroll processes and best practices. We will explore the key components of payroll management, from calculating wages to complying with legal requirements.
Industries Served
- Small and Medium-sized Enterprises
- Accounting and Payroll Service Providers
- Hospitality and Retail
- Healthcare and Medical Services
- Construction and Manufacturing
- Education and Government
Learning Outcomes
- Understanding the Payroll Process
- Knowledge of Taxation
- Ability to Manage Deduction
- Basic Pension Schemes
- FPS, EPS, RTI Submissions
- Preparation of Payrolls
- Compliance with Legal and Regulatory Requirements
- Setting up Starters and Leavers
Is the payroll training program suitable for beginners with no prior experience in payroll?
Yes, our payroll training program caters to individuals with varying levels of experience and is suitable for beginners who need instruction on the fundamentals of payroll processing.
Will I receive a certification upon completing the payroll training program?
Yes, upon successful completion of the payroll training program, Guardians Training will issue a certification to validate your achievement and enhance your professional profile.
Will I have hands-on practice during the payroll training program?
Yes, the payroll training program incorporates hands-on exercises, case studies, and practical activities to reinforce your learning. You will actively apply your knowledge and skills in simulated scenarios.
Are there networking opportunities available during the payroll training program?
Yes, the payroll training program provides networking opportunities where you can connect and collaborate with peers who share similar career interests. You can engage in fruitful discussions, exchange ideas, and expand your professional network.
Can I receive post-training support or assistance after completing the payroll training program?
Yes, we offer post-training support to all participants. You can seek assistance or guidance related to the topics covered in the payroll training program from our dedicated team.
- CPD Certificate
- Rizwa Training Official Achievement Certificate
- Software Certificates (Xero, QuickBooks & Sage)
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