Corporate Training
Payroll and Other Related Topics
Course Objective
To Prepare the participants to become skilled and responsible for processing payroll, remitting payroll taxes and government reporting as well as preparing monthly, quarterly and year-end payroll statements.
A Payroll Supervisor/Manager will ensure compliance with government regulations, establishing and implementing policies on matters such as payroll advancements to employees and the hiring, training and supervision of payroll staff.
Course Outline
- Ensuring all payroll transactions are processed efficiently
- Collecting, calculating, and entering data in order to maintain and update payroll information
- Compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages and reporting on this
- Determining payroll liabilities by calculating employee federal and state income, social security taxes, employer’s social security, unemployment, and workers compensation payments
- Resolving payroll discrepancies
- Maintaining payroll operations by following policies and procedures
- Developing ad hoc financial and operational reporting as needed
- Preparation of the monthly payroll including: extracting the hours worked
- Ensuring Real Time Information reports are made in accordance with Bank’s deadlines
- Ensuring the calculation of all salary deductions are made accurately and that payments to the appropriate authorities are made on a timely basis
- Working with the WPS
- Report the Monthly allocation to gratuity and other benefits
Course Objective
To Prepare the participants to become skilled and responsible for processing payroll, remitting payroll taxes and government reporting as well as preparing monthly, quarterly and year-end payroll statements.
A Payroll Supervisor/Manager will ensure compliance with government regulations, establishing and implementing policies on matters such as payroll advancements to employees and the hiring, training and supervision of payroll staff.
Course Outline
- Ensuring all payroll transactions are processed efficiently
- Collecting, calculating, and entering data in order to maintain and update payroll information
- Compiling summaries of earnings, taxes, deductions, leave, disability, and non-taxable wages and reporting on this
- Determining payroll liabilities by calculating employee federal and state income, social security taxes, employer’s social security, unemployment, and workers compensation payments
- Resolving payroll discrepancies
- Maintaining payroll operations by following policies and procedures
- Developing ad hoc financial and operational reporting as needed
- Preparation of the monthly payroll including: extracting the hours worked
- Ensuring Real Time Information reports are made in accordance with Bank’s deadlines
- Ensuring the calculation of all salary deductions are made accurately and that payments to the appropriate authorities are made on a timely basis
- Working with the WPS
- Report the Monthly allocation to gratuity and other benefits