Payroll Accounting Workshop

Course Fee: $249.00
Course Time: 1 Day, 9:30 am - 4:30 pm

The Accounting Payroll workshop is a one day workshop detailing the required payroll processes and concepts.

This is a practical workshop for all who have some or full responsibility for the payroll operation. It is, therefore, vital for payroll managers and supervisors, and all staff who wish to develop their payroll skills.

Course Content:

• Employee Payroll Costs

• Gross Earnings
• Payroll Deductions

• Canada Pension Plan (CPP)
• Employment Insurance (EI)
• Income Tax (I/T)
• Voluntary Deductions

• Net pay

•  Employer Payroll Costs

• Canada Pension Plan (CPP)
• Employment Insurance (EI)
• Supplementary Benefits
• Additional Fringe Benefits  

•  Recording the Payroll

• Employee Earnings Record
• Journal Entry for Employee Payroll Cost
• Journal Entry for Employer Payroll Cost
• Payroll Liability

•  Computerized Payroll Accounting

• Using Simply Accounting
• Using QuickBooks