Course Content |
Expand+Description:
The purpose of this module is to equip the learner with the knowledge, skills and competence to record, edit, interpret, analyse and process payroll data using manual and computerised systems within an organisation.
Learners will be...
Hide-Description:
The purpose of this module is to equip the learner with the knowledge, skills and competence to record, edit, interpret, analyse and process payroll data using manual and computerised systems within an organisation.
Learners will be able to:
• Examine the main provisions of the Organisation of Working Time Act to include its impact on employers and employees
• Examine a range of forms and information in electronic format an employee may receive from the Revenue Commissioners
• Analyse the effectiveness of online Services, offered by the Revenue Commissioners, for both employee and employer
• Document the stages involved in the processing of payroll from an employer and an employee perspective
• Illustrate how an overpayment and underpayment of tax, Universal Social Charge (USC) and Pay Related Social Insurance (PRSI) may occur as a result of changes in tax credits and various thresholds
• Demonstrate how to deal with mid-year scenarios to include: employee starting work for the first time, employee changing employment and leaving employment
• Enter employee data and the organisation payroll parameters from data supplied on a computerised payroll system
• Process the payroll manually for employees taxed in accordance with the normal, temporary and emergency tax systems from a range of data supplied to include: regular pay, bonus, commission, overtime, holidays, benefit-in-kind, tax-saver scheme, health cover, sick pay, statutory redundancy, unpaid leave, reimbursed expenses, pension, statutory and non statutory deductions
• Process the payroll electronically for employees taxed in accordance with the normal, temporary and emergency tax systems for a minimum of two pay periods from data supplied to include: regular pay, bonus, commission, overtime, holidays, benefit-in-kind, tax-saver scheme, health cover, sick pay, statutory redundancy, unpaid leave, reimbursed expenses, pension, statutory and non-statutory deductions.
• Demonstrate how to edit employee records to include amending error(s) generated in a previous pay period
• Print a range of reports and documents such as: end-of-period and or end- of-year tax return forms, payslips and relevant management reports after backing up computerised data on a suitable medium
• Analyse management reports generated electronically.
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