Payroll Journals Overview and Understanding
This course is aimed at the Bookkeepers and non-financial administrators out there who have the responsibility for putting the payroll journals onto the accounting system and want to have a better understanding of what these journals are and what they mean. Oftentimes it’s the accountant or payroll bureau who will run the payroll for a business… but it’s the bookkeeper who will receive the p32 sheet and will need to know what to do with each of the figures. That is what this course is about.
We cover:
- The p32 figures
- Payroll journals
This course is aimed at:
- Bookkeepers who don’t “do” the payroll
- But generally need to make sure the entries are entered correctly into the system
You’ll benefit from this course because:
- It’s very practical
- Something that you can apply immediately
- Especially for bookkeepers who don’t have the payroll training
- Help you in your job, career, overall understanding
Note – this course does NOT cover how to run the payroll. There is another course – Payroll Management for that. This is purely to understand how to input the p32 (payroll output sheet) onto your accounting software.
We will go over some examples of p32’s with pension payments, attachment of earnings orders, student loans, PAYE and NI’s and how the journals should be entered.
Why choose Edplx?
- Internationally recognised accredited qualification
- Access to our free career advisors
- Approved UK Learning Centre
- 1 year accessibility to the course
- Attain PDF or hardcopy certificate to show employers
- Study at your own pace anywhere
- Employer has access to certificate validation
- Tutor Support available Monday-Friday
- Invitation to job fairs
Course Curriculum
This Course will cover some of the following topics:-
Introduction
- Introduction
P32 reports
- Entering onto the system
- Option 1 – Cash basis
- Option 2 – Credit basis
Worked examples
- Credit basis – worked example
- Nil balances
Conclusion
- Conclusion and Next Steps
Course Features
- Lectures 7
- Quizzes 0
- Duration 42m
- Skill level All levels
- Language English
- Students 331
- Certificate No
- Assessments Yes
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Introduction
-
P32 reports
-
Worked examples
-
Conclusion