- Physical/Online Training
This course includes all the aspects of payroll management. including calculating taxes, national insurance, and other deductions, generating payslips, and submitting reports to HMRC (FPS & EPS).
You will learn the industry-standard software (Sage 50 payroll, Money soft, Xero, QuickBooks) to process the payroll and generate reports like payslips, p45, p60. You will also gain knowledge about the UK laws regarding Taxation and national Insurance.
You will process payroll for large group of employees with all the aspects covered like SSP, SMP, SPP, holiday, overtime which will give you real world experiences thus preparing you for career in payroll management.
Our experienced trainers are industry proven experts who will guide you in every stage of training be it manual calculation of payroll or explaining you the regulations, or any queries regarding the payroll.
Course Modules
- Setting up pay elements: weekly, monthly, hourly
- Setting up other deductions like company loan schemes
Entering employee records like name, address, DOB, NI number, Tax codes, pension details, date joined, bank details.
Setting up holiday schemes, pension schemes employee and employer pension contributions, pension provider details
- Student Loans
- Company Loan Schemes
- Dealing with statutory payments like sick pay, maternity pay and parental payment
- In depth understanding of Statutory payments with examples countries
Processing wages and payroll for all employees
- We need to add employee details when someone joins the company and we have to notify HMRC about the starters
- Filling up starter’s forms, using p45 and adding new starters to the pension schemes and other appropriate schemes
- Issuing p45 to leavers, notifying HMRC
- Generating reports like payslip, payment summaries, p32
- Â Backup and updating the payroll files
Submitting FPS & FPS
Manual calculation of payroll with examples.
Skills you will learn
After Completion of this course, you will be able to process the payroll and you will know all the necessary payroll legislation, you will learn following things:
- Different Payroll Software (Sage Payroll, Moneysoft, Xero, QuickBooks)
- Updating payroll records
- Processing payrolls
- Processing SMP, SSP, SPP, Holidays, Student Loans, Pension Schemes
- Generating reports, producing payslip, issuing p45, p60, p32
- Submitting EPS, FPS
- Dealing with Payroll Queries
Jobs you can apply
You can apply following jobs when you complete Payroll Courses:
- Payroll Clerks
- Payroll Administrator
- Payroll Assistant
Our Program Includes
CV Update
Interview Preparation
Placement Oppurtunites
Industry Reference
You will be working with our real client data and we will provide reference from our college as well as from our Accountancy Firm.