Laws, Calculations and Journal Entries 2022-11 – Download

Description

Payroll Accounting: Laws, Calculations, and Journal Entries is a payroll accounting training course published by Udemy Online Academy. Payroll accounting refers to the process of calculating and managing the compensation of an organization’s employees, including wages, salaries, bonuses, and deductions. It involves recording financial transactions related to employee compensation, complying with tax regulations, and ensuring accurate and timely payments to employees. Payroll accounting is a critical function for businesses of all sizes because it directly affects employees and has legal and financial implications. In this training course you will also learn the law and its calculation techniques and understand the concepts of its fundamentals. In this training course, you will learn about several laws that affect payroll operations.

Knowledge of tax laws and the use of technology to simplify processes and ensure accuracy are among the goals you will achieve in this training course. A key aspect that is often overlooked in payroll processes is the recording of payroll transactions. In this course, you will learn thoroughly about payroll journal entries and gain a comprehensive understanding of their complexity. This course is recommended for accounting professionals who want to expand their knowledge and skills in payroll accounting and small business owners with payroll responsibilities. After completing this training course, you will have high knowledge and skills in payroll accounting and you will be familiar with its terms and principles.

What you’ll learn in Payroll Accounting: Laws, Calculations, and Journal Entries:

Key Pay Rules & Regulations
Appropriate formula for determining employer and employee social security contributions
Use of salary concepts in the framework of the accounting cycle
Becoming Familiar with Payroll Tax Forms
Various Salary Deductions
And…

Course Specifications

Publisher: Udemy
coach: Robert (Bob) Steele
language English
Level: Intermediate
Number of lessons: 208
Duration: 20 hours and 29 minutes

Course Subjects

Payroll Accounting: Laws, Calculations, and Journal Entries Contents

Payroll Accounting: Laws, Calculations, and Journal Entries Prerequisites

There are no specific prerequisites for this course. However, a basic understanding of accounting principles and concepts would be beneficial. Familiarity with financial statements, general ledger, and basic mathematical calculations would also be helpful in understanding the payroll concepts covered in the course.