Payroll – Manual & Computerised – QQI Level 5
Manual payroll calculation means that the payroll is processed by hand. It does not require an investment in payroll software. Such software has rates embedded in the programming, which eliminates manual calculation of payroll taxes.
This Payroll, Manual & Computerised QQI/FETAC Level 5 course is designed to give you the necessary knowledge, skills and competence to operate and maintain accurate payroll records using manual and computerised systems, for an organisation, working under general direction and supervision.
These are currently in high demand in today’s competitive Payroll Job Market.
I would recommend the following books, "Payroll Management: 2017 Edition" Paperback – 15 Nov 2016 by Steven M. Bragg (Author)
Payroll Management reveals how to manage time tracking, payroll processing, and paying employees, while also describing the United States payroll regulations and reporting requirements related to compensation, benefits, payroll taxes, and tax remittances. There are chapters dealing with payroll accounting and how to set up a system of procedures, controls, and recordkeeping. Payroll Management is updated annually for the latest payroll regulations.
I would also recommend, QuickBooks 2017 All-In-One for Dummies (For Dummies (Computers)) Paperback – 16 Dec 2016
This course will enable learners to explain key terminology associated with personal taxation and outline advantages and disadvantages of a computerised system aswell as processing the payroll for employees using manual and computerised systems
On completion of the course learners will be able to:
• Explain the key terminology associated with personal taxation in preparing and maintaining payroll records both manually and on the computer
• Outline the advantages and disadvantages of a computerised system over a manual one for payroll processing purposes
• Process the payroll for employee(s), using manual and computerised systems, under the cumulative tax system
• Process the payroll for employee(s), under emergency and temporary tax systems and subsequent transfer to the cumulative tax system
• Demonstrate the changes in personal tax due to various factors
• Extract information form completed records to prepare all necessary mid-year and year end tax forms for employees
• Extract information from completed records to prepare all necessary end-of-period and year end returns and tax forms for the Revenue Commissioners
• Assess the effect of using alternative assessment methods to calculate the annual tax liability of married couples
• Analyse the impact of changes in legislation on personal tax and take-home pay by comparing two tax years
• Print a selection of reports after backing up computerised data on a suitable medium