Payroll Training

  • Duration: 16 hours

Payroll Training

Course Objectives

By the end of the course, participants will be able to:

  • Explain how the HR and accounting and finance functions contribute to their success
  • Prepare the monthly payroll and review it for accuracy
  •  Calculate employee benefits, loans vacations and End of Service Benefits (EOSB)
  •  Reconcile payroll with accounting and audit the supporting documents for payments
  •  Develop monthly and annual payroll budgets
  •  Design periodic payroll management reports and analysis

Course Methodology

The course relies on presentations and examples by the consultant. Participants will be expected to work on Excel exercises for payroll and benefits and participate in group workshops and presentations

Target Audience

Payroll staff, payroll accountants, account assistants, payroll supervisors and managers, HR professionals and team members who handle payroll as well as employees interested in understanding and applying payroll best practices.

Target Competencies

  • Controlling employee costs
  •  Preparing and producing payroll
  •  Analyzing and reporting payroll
  •  Reconciling payroll
  •  Budgeting for payroll expenses
  •  Budgeting for department expenses and needed assets