What you will learn
- Identify various laws and regulations that affect employers in their payroll operations
- Identify the various deductions, both voluntary and involuntary, that are taken out of employees' gross pay
- Calculate gross and net pay
- Explain the use of the forms required to withhold, deposit, and report federal income taxes
- Recognize dates and regulations to ensure payroll compliance and reporting
- Understand the payroll process and supporting systems and administration
- Correctly apply payroll policies and procedures of a payroll department
- Journalize payroll transactions and post to appropriate general ledger accounts
- Be able to process payroll from start to finish (payroll project)
Program Outcomes
- Be prepared to pass the FPC exam and become certified in the fundamentals of payroll
- Having a certification in payroll is a desirable attribute that many employers seek in payroll candidates
- With certification comes additional knowledge and skill that is not often taught in the workplace
- Be able to search and apply for payroll jobs, with the additional resume skills learned in the course
- Become a certified Microsoft Office Specialist (MOS) Expert in Excel
- Use these skills in most workplace situations
- Manipulate data faster by learning helpful formulas and tricks
