A step by step guide
to compute payroll

Why is this IMPORTANT?

Payroll administration is always the primary function of an organization which is usually managed by a Human Resource manager or an Accountant. The calculation of all employees’ salary is an important factor to the business.

This seminar is designed to train participants to keep up-to-date with the legal systems that will have an impact on the payroll program. Learning and minimizing the risk of error on employees’ pay calculation. Overall, participants will gain a comprehensive understanding in running an accurate payroll function.

After this seminar, you will…

Gain a complete understanding of the role of a payroll administrator

Understand the basic payroll obligations of an employer

Minimizing the errors in computation of an employee’s salary

Succeed in running an efficient and accurate payroll function

TOPICS INCLUDE

INTRODUCTION TO PAYROLL
– The different types of organizational payroll functions in outsourcing, in-house or a mixture of both
– Advantages and disadvantages of each solution
– Common structure of internal control with regards to payroll
– Related software and technology available
TAX UPDATES
– Changes to tax rates associated amendments
– Basic computation of withholding taxes
– Tax forms to be filed
– Schedule of deadlines and government agencies

CALCULATION OF GROSS AND NET PAY
– Minimizing the risk of error in computing for payroll
– Manage leaves, absences, tardiness and overtime pay
– Statutory requirement for payroll administrator and how to categorize workers