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Payroll Administration Course

Course Overview

Master the art of payroll management with our dynamic course, where we explore payroll and benefits, measured up to critical expenditures like Cost of Goods Sold COGS, rent, and depreciation. In goods-producing organizations, the impact is amplified as these costs intertwine with both COGS and overall operating expenses.

The Payroll Administration Course is crafted for individuals seeking to enhance their understanding and skills in payroll management. Our comprehensive curriculum begins by providing overviews of HR departments and ‘accounting and finance’ before exploring the specifics of the payroll function, it ensures proficiency in preparing and calculating payroll, emphasizing essential controls for precise data utilization, fostering a robust control framework, and enhancing departmental efficiency. Gain strategic insights into employee benefits and their corporate effect, conducting detailed analyses using Excel.

This course is a professional growth journey with engaging insights into the interplay of accounting principles, internal and external audit relations with HR and payroll, and the requisite data. Emphasizing confidentiality, learn to discreetly share data on a need-to-know basis, as per corporate policies. The journey concludes with practical insights into preparing budgets for your department and corporation.

Enhance your career with our specialized course- Enroll today!

Who Should Attend

  • Payroll staff
  • payroll accountants
  • Account assistants payroll supervisors and managers
  • HR professionals and team members who handle payroll as well as employees interested in understanding and applying payroll best practices.

Course Objectives

At the end of this learning course, participants will be able to:

  • Explain how the HR and accounting and finance functions contribute to their success
  • Prepare the monthly payroll and review it for accuracy
  • Calculate employee benefits, loans vacations and End of Service Benefits (EOSB)
  • Reconcile payroll with accounting and audit the supporting documents for payments
  • Develop monthly and annual payroll budgets
  • Design periodic payroll management reports and analysis

Course Content

Payroll: the important link between human resources and accounting

  • Introduction to the HR function
  • Introduction to accounting function
  • Introduction to finance function
  • Payroll as a link between HR and accounting and finance
  • Understanding the hiring process documentation
  • Managing payroll process for:
    • Contract professionals
    • Full time employees
    • Temporary help
    • Outsourcing

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 and deductions
  • Payroll approvals
  • Preparing payroll schedules

Employee loans and benefits

  • Access to employee benefits
  • Controlling access to loans
  • Reporting on loans status
  • Calculating end of service benefits for company and employees
  • Reporting on benefit plan

Accounting and auditors roles in payroll process

  • Recording payroll expense and liabilities
  • Recording payroll and benefits costs to assets or inventory
  • 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
  • Introduction to internal audit and external audit
  • Auditing the payroll

Payroll budgeting

  • Budgeting for payroll department expenses
  • Preparing the yearly budget for payroll and contributions for the company
  • Budgeting for employee loans and other benefits

Reporting payroll and contributions

  • Determining contribution expense for individuals
  • Determining corporate contributions
  • Reporting results to the accounting department
  • Coordinating with accounting department regarding payment process and control
  • Reporting to ministry of labor
  • Reporting to social security authorities
  • Reporting to other regulatory agencies

Table of Contents

Course Code DU0303 Category
Location: Dubai, UAE
Duration: 5 Days
Language: English
Cost: 15,770 SAR
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