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Payroll Diploma (Level 5) - CPD Certified

CPD Certified| Free PDF Certificate | Lifetime Access | Learner Support | No Hidden Fees | 100% Success Rate


Skill Learning

Summary

Price
£29.99 inc VAT
Study method
Online, On Demand What's this?
Duration
2 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Reed Courses Certificate of Completion - Free
Additional info
  • Tutor is available to students

1 student purchased this course

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Overview

Unleash Reveal on this transformative experience and unleash your creativity with the most in-demand training on Payroll Diploma (Level 5) . Enjoy the massive discount!

  • This Payroll Diploma (Level 5) course is suitable for any enthusiastic learner who is ready to take the Beginner to Advance trip.
  • Gain ultimate knowledge of Payroll Diploma (Level 5)
  • Grab the opportunity and amplify your skills with this Payroll Diploma (Level 5) course

Are you ready to drive on a journey of self-discovery and knowledge enhancement? Look no further! Let’s get into Payroll Diploma (Level 5) , the online course that promises to revolutionise your learning experience and catapult you towards success.

Master the essential skills of payroll processing with the Payroll Diploma (Level 5). This comprehensive program equips you with the knowledge and practical skills to ensure accurate and timely employee compensation. Through the Payroll Diploma (Level 5), you'll gain a strong understanding of payroll calculations, tax deductions, and legislative compliance. Become a valuable asset in any organization seeking efficient and reliable payroll management!

On the Payroll Diploma (Level 5) training, we guarantee that you will gain relevant skills and acquire tremendous knowledge on the subject. The certificate you’ll achieve after completing the Payroll Diploma (Level 5) course will help you land the job you want in a related field.

This premium online training titled Payroll Diploma (Level 5) ensures your professional development with CPD IQ accreditation with SLS learning assessments. You’ll have the privilege of learning in your own time, at your own pace and earning an accredited certification.

Dedicated tutor support and 24/7 customer support are available to all students with this premium quality Payroll Diploma (Level 5) training. Get the help you require and the answers to all your queries throughout the comprehensive syllabus of this Payroll Diploma (Level 5) course.

Facilities that you will receive after enrolling on The Payroll Diploma (Level 5) course From One Education

  • Eligibility for CPD IQ -accredited certificates on successful completion of each of the courses in this Payroll Diploma (Level 5) course
  • Learning materials of our Payroll Diploma (Level 5) online diploma contain engaging voiceover and visual elements for your comfort
  • Freedom to study at your own pace
  • 24/7 access to the Payroll Diploma (Level 5) training materials for 12 lifetime
  • Full Tutor support on weekdays (Monday – Friday)

Certificates

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

Curriculum

1
section
8
lectures
2h 2m
total
    • 1: Module 1 –Computing Wages and Salaries.docx 22:00 PDF
    • 2: Module 2-Social Security Taxes.docx 13:00 PDF
    • 3: Module 3-Income Tax Withholding.docx 09:00 PDF
    • 4: Module 4-Unemployment Tax Acts.docx 13:00 PDF
    • 5: Module 5 – Grasping Bookkeeping and Accounting Basics.docx 12:00 PDF
    • 6: Module 6 – Choosing an Accounting Method.docx 15:00 PDF
    • 7: Module 7 – Keeping the Books.docx 10:00 PDF
    • 8: Module 8 – Tracking Purchases.docx 28:00 PDF

Course media

Description

Payroll Diploma (Level 5) is not just an ordinary online course; it's a comprehensive program designed to empower individuals like you with the skills and knowledge needed to thrive in today's dynamic world. Throughout the modules of Payroll Diploma (Level 5) you will explore diverse topics, each carefully curated to provide a well-rounded and transformative learning experience.

Module 1: Computing Wages and Salaries

This module covers the fundamentals of computing wages and salaries for employees. Participants will learn about calculating gross pay, deductions, and net pay, as well as handling overtime, bonuses, and commissions.

Module 2: Social Security Taxes

Building upon foundational knowledge, Module 2 explores the intricacies of social security taxes. Participants will learn about the calculation and reporting of Social Security contributions for both employees and employers.

Module 3: Income Tax Withholding

Module 3 focuses on income tax withholding, covering the calculation and administration of federal and state income tax deductions from employees' paychecks. Participants will gain an understanding of tax brackets, allowances, and tax withholding forms.

Module 4: Unemployment Tax Acts

In Module 4, participants delve into the regulations and procedures related to unemployment tax acts. Topics include reporting requirements, tax rates, and compliance with state and federal unemployment tax laws.

Module 5: Grasping Bookkeeping and Accounting Basics

Transitioning to accounting principles, Module 5 provides an overview of bookkeeping and accounting basics relevant to payroll management. Participants will learn about double-entry bookkeeping, ledger accounts, and financial statements.

Module 6: Choosing an Accounting Method

Module 6 explores different accounting methods and their implications for payroll management. Participants will learn about cash basis and accrual basis accounting, as well as the pros and cons of each method in recording payroll transactions.

Module 7: Keeping the Books

Module 7 focuses on practical aspects of bookkeeping for payroll, including recording payroll transactions, reconciling accounts, and maintaining accurate financial records. Participants will gain hands-on experience in using accounting software for payroll management.

Module 8: Tracking Purchases

Concluding the curriculum, Module 8 covers the tracking of purchases related to payroll, such as employee benefits, supplies, and equipment. Participants will learn about purchase order systems, inventory management, and controlling expenses in the payroll process.



This Payroll Diploma (Level 5) course is developed by industry experts and is packed with several insightful modules to properly understand Payroll Diploma (Level 5) and allow you to accelerate your career.

Who is this course for?

The Payroll Diploma (Level 5) course is ideal for highly motivated individuals who want to enhance their professional skills and train for the job they want! This Payroll Diploma (Level 5) course also suits people aspiring for some in-depth knowledge on this topic and keeping up to date with the latest information.


Study the Payroll Diploma (Level 5) course today and increase your professional skillset from the comfort of your home!

Requirements

There are no formal entry requirements for the Payroll Diploma (Level 5) training, with enrollment open to anyone! Anyone and everyone with a knack for learning can enrol on this course without any hesitation.

Learn online from any internet device, including your computer, tablet or smartphone. Study when it suits you and complete the Payroll Diploma (Level 5) course at your own pace.

All students must have a passion for learning and literacy and be over the age of 16.

Career path

Studying the Payroll Diploma (Level 5) training is designed to help you get the job of your dreams, or even that promotion you’ve always wanted.

  • Payroll Manager: £30,000 - £40,000 per annum
  • Payroll Administrator: £20,000 - £25,000 per annum
  • Senior Payroll Officer: £25,000 - £35,000 per annum
  • Payroll Specialist: £35,000 - £45,000 per annum

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.