Payroll Certified Administrator program helps beginners and intermediate HR professionals learn the basic payroll requirements.
Organizations can’t function without employees, and human resource management is the process of managing people in organizations in a structured and thorough manner.
Payroll function requires accurate and timely processing of payslips. It is essential for companies to track their human resources from hire to retire and hence right from the candidate sourcing to interviews to joining duty to payroll computation, HR policies and procedures have to be followed.
Payroll goes beyond issuing checks. Payroll specialists must know the legalities of exempt versus non-exempt employees; how to deduct taxes; how to make deductions for health benefits; which employees are entitled to or took a vacation or sick days; and how to handle wage garnishments or child support payments.
The course is designed to ensure you get a thorough understanding and control of the complete cycle from hire to retire and computation of payroll.
The cycle starts with candidate sourcing, interviews, offer letter, joining duty, induction training, and payroll computation considering basic pay, allowances, and deductions, unique benefits to performance appraisal, promotion, and retirement.
The objective of the course is to ensure that you have full visibility of the tasks and stages in the process, you are able manager HR and Payroll function and enable the management with required data to make better decisions in managing human resources.
The Program includes descriptions of the various requirements, processes, and procedures, as well as numerous examples, organizational tips, and interactive Q&A to help provide valuable insight into compliance requirements.
Once completed, certified payroll training courses can lead to a Certified Payroll Professional (CPP) designation.
This Program also qualifies for eight hours of HRCI re-certification credits.
You might be interested in other HR Programs as a next step.
YOU WILL LEARN HOW TO
Determine the needed documentation in the payroll cycle
Prepare and reconcile the monthly payroll
Properly “classify” workers
Calculate gross pay and properly make deductions
Administer deferred compensation, cafeteria-cafeteria plan, sick pay, and other compensation
Handle stock options, expense reimbursements, relocation, and other “expenses.”
Follow the proper policies, procedures, and documentation requirements for garnishments and levies
Correctly complete year-end requirements and establish year-beginning requirements
Implement and maintain fraud, audit, disaster recovery, and record retention processes and procedures
Calculate contributions based on different assumptions for employer and employee
Perform “What If” analysis related to employee benefits
Develop monthly and annual payroll budget
Design periodic payroll management reports and analysis
Assist the accounting department in controlling and auditing payroll payments
IMPORTANT COURSE INFORMATION
Participants who fully attend this course and complete the test on the last day will receive a Strategic Axis Professional Certificate (SAPC). SAPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.
This course approved for HRCI recertification credits.
COURSE OUTLINE
- Introduction to the HR Function
- Introduction to the Accounting Function
- Importance of the Payroll Function as a Link between HR and Accounting
- Understanding the Hiring Process Documentation
- Managing Payroll Process
- Contract Professionals
- Full-Time Employees
- Temporary Help
- Outsourcing
- Introduction to the HR Function
- Introduction to the Accounting Function
- Importance of the Payroll Function as a Link between HR and Accounting
- Understanding the Hiring Process Documentation
- Managing Payroll Process
- Contract Professionals
- Full-Time Employees
- Temporary Help
- Outsourcing
Module 2: Preparing and Calculating Payroll
- Looking for the Right Controls before Starting
- Determining the Right Calculation Basis for Payroll
- Elements of Risk Leading to Payroll Mistakes
- Managing Increments, Deductions and Payroll Approvals
- Preparing Payroll Schedules
Module 3: Employee Loans and Benefits
- Controlling Access to Loans
- Reporting on Loans Status
- Calculating End of Service Benefits for Company and Employees
- Reporting on Benefit Plans
Module 4: Accounting Department Role in Payroll Process
- Recording Payroll Expense and Liabilities
- Recording Payroll-Related Contributions and Liabilities
- Reconciling Receivables from and Payables to Employees with Payroll Department
- Reconciling Liabilities with Social Security and Other Governmental Agencies
- Reconciling Payments with Bank Accounts Transactions
Module 5: Payroll Budgeting
- The budget for Payroll Department Expenses
- Prepare the Yearly Budget for Payroll and Contributions for the Company
- Budgeting for Employee Loans and Other Benefits
Module 6: Reporting Payroll and Contributions
- Determining Contribution Expense for Individuals
- Determining Corporate Contributions
- Reporting Results to the Accounting Department
- Coordinating with the Accounting Department Regarding Payment Process and Control
- Reporting to Ministry of Labor
- Reporting to Social Security Authorities
- Reporting to Other Regulatory Agencies