Payroll Management Level 2 Diploma Training Course
Are you currently working in the accounts department and you want to fast track your career and want to be more productive for your team and company? Do you own your own company and are hiring employees for the first time and you now have to learn the rules and regulations involved in payroll? This course will provide you with all the knowledge, tools and skills you need to complete payroll in an effective manner. Course Detail Course Access: Lifetime Exams Included: Yes Compatibility: All major devices / browsers
Accounting and finance_Payroll
Introduction to the Payroll Course
This payroll course is broken down into twenty three information packed modules which are designed to provide you with all the essential tools and knowledge you need to complete payroll in an effective and orderly fashion at all times.
The course is offered online, which enables you to study at your own pace and in your own time using any device connected to the internet. You can study using your computer at home or your laptop, or you can choose to use your tablet or phone, as long as you have an internet connection.
The payroll course comes with a certification on successful completion, which is not only industry recognised, but it is also verifiable. This enables potential employers to confirm your credentials and hire you with complete confidence.
You will have two chances to complete the test and pass. In the event you do fail the multiple choice test the first time, you will be given a second opportunity to revisit the modules and then take the test again. Remember, you will have lifetime access to the learning modules for added convenience.
What you will learn
This course is brimming with useful and valuable information for you to learn and start using. The course is designed to provide you with insight that you can start incorporating into your work without delay. Some of the things you can expect to learn when completing the payroll course include:
- Get an understanding of what payroll systems are and why you need one.
- Learn the basics of payroll systems. What you need to know, errors and the importance of communication.
- Identify the payroll systems in the United Kingdom. What to include and working with HMRC.
- Understand that you need to run an efficient payroll system. Staff training, reviews and record keeping plus so much more.
- Get insight on how employees starting and leaving the business impacts payroll. This module will give you insight into what to do, P45’s and time keeping.
- Learn how to deal with HMRC when it comes to new employees, what information HMRC will need from you and how to ensure you pay the employee the correct amount each month or week.
- Learn how to calculate gross and net pay. This module will teach you the difference between gross and net pay, how to calculate them and why you need wage slips for each employee.
- Understand the different deductions you need to know about to come to net pay amounts.
- Get insight into what is statutory pay, how long does an employee qualify, record keeping and reporting to HMRC.
- Learn about the national minimum wage based on age groups.
- Get an understanding of the national insurance contribution systems. This module includes why we pay, the different rates, employer contributions and more.
- Learn how to manage the online PAYE system.
- Identify what the employment allowance is.
- Understand retirement schemes.
- Learn the different programs available for payroll.
- Tips to correct payroll errors.
- Understand the importance of annual reporting.
There are so many benefits of completing this payroll course, these include:
- Fast track your career.
- Gain insight into managing your own payroll within the United Kingdom.
- Know what you need to have an effective payroll system in place.
- Study online at your own pace and using any device.
- Enjoy the convenience of information packed modules.
- Industry recognised certification on successful completion, which is also verifiable online.
- Comprehensive syllabus complete with online support.
- Lifetime access to modules to revisit and refresh whenever you wish.
Who can take the course?
Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course.
What is the structure of the course?
The course is broken down into 23 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.
Where / when can I study the course?
You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!
Is there a test at the end of the course?
Once you have completed all modules there is a multiple choice test. The questions will be on a range of topics found within the modules. The test, like the course, is online and can be taken a time and location of your choosing.
What is the pass mark for the final test?
The pass mark for the test is 70%. If you dont pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.
When will I receive my certificate?
Once you have completed your test you can log in to your account and download/print your certificate any time you need it.
How long does it take to complete the course?
We estimate that the course will take about 10-15 hours hours to complete in total, plus an additional 30 minutes for the end of course test.
- Module 1: Payroll Systems & Management: An Introduction
- Module 2 : Learning the Basics about Payroll Systems
- Module 3 : Understanding Payroll Systems in the UK
- Module 4 : How to Run an Efficient Payroll
- Module 5 : Employees Starting and Leaving the Business
- Module 6 : Dealing with HMRC in Relation to New Employees
- Module 7 : How to Calculate Net and Gross Pay
- Module 8 : Net Pay Resulting from Voluntary and Statutory Deductions
- Module 9 : Understanding Statutory Pay
- Module 10 : The National Minimum Wages for Different Types of Work
- Module 11 : Understanding the National Insurance Contributions System (NIC)
- Module 12 : When Employees Pay Less National Insurance Contributions (NIC)
- Module 13 : Understanding the PAYE System
- Module 14 : Dealing with the Online PAYE System for Employers
- Module 15: The Employment Allowance
- Module 16: Employment Termination Payments
- Module 17: Understanding the Retirement Scheme
- Module 18: Working Effectively with the RTI Computerised Payroll System
- Module 19 : Payroll Computer Software/Programs
- Module 20 : How to Correct Any Payroll Errors
- Module 21 : Maintaining Employee Records
- Module 22 : Annual Reporting and Other Tasks Connected with Payroll
- Module 23 : A Summary of the Legal Obligations Associated with Payroll Systems