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The Establish and maintain a payroll system is a course topic that comes under Certificate IV in accounting course program, this subjects reflects the skills, performance outcomes and information required to prepare perfect payroll documentations, enquiring payrolls, and analyzing process payroll from computerized payroll systems. The Establish and maintain a payroll system is applicable to various sectors of financial services. It is applicable to individual in an enterprise as well as job roles that are related to licensing, regulatory and certificate requirements, legislative and various aspects of taxation law.
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The Certificate IV in accounting has Establish and maintain payroll system subject that offers great career scopes in their field of accounting and finance, some of the careers are mentioned here:
- Teacher of Accounting
- Learning Curator
- Trainer - Accounting & Bookkeeping
- Finance Officer - Systems and Transactions Support
- Project Administrator
- Finance & Administration Officer
- Professional Bookkeeper
- Client Services Manager
- Bookkeeping Contractor
- Administration - Practice Manager
- Mortgage Broker Assistant
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TOPICS COVERED UNDER ESTABLISH AND MAINTAIN A PAYROLL SYSTEM COURSE:
- Superannuation obligations
- Payroll system and legislation
- Payment summaries and payroll calculations
- End of year procedures and reconciling payroll
- Holiday pay and leave loading
- Processing personal leave
- Timesheets
- Setting up the MYOB payroll command centre
- Liabilities
- Calculating a termination payment
- Salary sacrifice
- Manual payroll and accounting for salaries and wages
- Payroll tax
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