he course focuses on two important aspects of first level job roles in Accounting:
1. Bookkeeping including VAT Calculations
2. Payroll
Bookkeeping Course focuses on the recording and processing daily financial transactions such as purchases, expenses, sales and receipts. This is a daily record keeping activity that is the basis of all the financial reports. It is very important to keep an up to date, accurate and true record of all the transactions. Companies use different accounting software like Sage, QuickBooks, Xero and excel spread sheets to record these transactions. Getting comfortable and accustomed to accounting software is an important step towards gaining a job role as bookkeeper.
The payroll course is ideal for those new to payroll that require training on the fundamental elements of payroll processing, such as calculating deductions from pay. This course provides a good working knowledge on the different bookkeeping and payroll methodologies. Our unique approach of blending the important theoretical concepts and practical skills give you an enormous competitive advantage in your job quest.
| Training Hours | Software Options | Blended Learning | Perfomance Review | CV | Work Placement | Job Support |
|---|---|---|---|---|---|---|
| 109 | 4 |
After finishing your training, you will be given a chance of guaranteed work placement at our offices or at our external client’s office. The duration is dependent upon the training course you have opted with us.
In past few years, there has been a lot of changes being done by HMRC in rules around submission and processing payroll. The new rules RTI submissions and Auto enrolment pension scheme have brought the payroll skills into light.
There are two software used for the payroll training at FC training, Sage Payroll and Bright pay payroll software.
The Trainees are going to cover the following:
Our trainees come from different academic backgrounds and it is important to collate all the information into a detailed workshop session to bring all the trainees at one page. The workshop includes introduction to all the HMRC forms, technical aspects, important dates, tax codes and year end adjustments. It also includes reference to HMRC website for more upto date knowledge.
The payroll training starts with a complete introduction of various computerised options to assist with the payroll function. The introduction includes setting up employee records, managing the pay elements, deductions, overtime and statutory payment rules. The introduction also includes a detailed look at the P11d forms.
The software are very intelligent and detailed in there functionality. You can tailor them to every detail you want. This is where the Payroll training becomes interesting, you learn how to set up the company pension schemes, statuary payment rules and holiday schemes specific to the your company or sector.
Setting up the employees, processing pay elements, setting up the hourly, weekly or monthly pay rates. Generating the payslips and summery reports.
The course covers the requirements of Statutory Sick Pay (SSP); Statutory Maternity Pay (SMP) and Statutory Paternity Pay (SPP) to ensure you’re working to legislation
The basics of adding and removing people from the system, looking at the documentation required when people join and leave the business.
Understand the commitments of RTI for employee PAYE and ensure you are working to the government guidelines.
Pre and Post Update reports and backups.
See how to log these and how to incorporate voluntary deductions and student loan payments into payroll systems.
This covers a number of different payments a business is required to make to HMRC, looking at the requirements, process and legalities of fulfilling this.
see how Sage Payroll can help you calculate the cost of wages through its automated systems.
See how to submit accounting information and make payments online.