Payroll Accounting Introduction
Original price was: $24.99.$14.99Current price is: $14.99.
What you may be taught
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Define legal responsibility and asset accounts for payroll transactions.
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Identify payroll transactions that needs to be posted to a legal responsibility or asset account.
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Define debit and credit score.
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Recognize the processes to make sure right accounting of the payroll.
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Discover how payroll practices affect the price of working a payroll group.
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Discover easy methods to put together payroll journal entries for the final ledger posting.
This course prepares the learner with the essential data wanted to manage the accounting for payroll. We begin with a short overview of payroll accounting. We will talk about debits, credit, liabilities, and property. We then stroll via an instance of recording journal entries for payroll transactions and accruals for a month. The materials taught on this course will improve the skill-set of the payroll practitioner seeking to advance in his/her profession.
We evaluation examples of:
- General employer payroll liabilities: comparable to liabilities for worker compensation, liabilities for worker payroll withholdings, and liabilities for employer payroll taxes.
- Payroll journal entries
- Payroll accrual journal entries
If you want to Continuing Education Credit (e.g. CPE, CE, CPD, and so on.) for this course, it’s out there for those who take this course on the Illumeo dot com platform below course title: Introduction to Payroll Accounting. Illumeo is licensed to supply CPE in over two dozen totally different skilled certifications masking finance, accounting, treasury, inside audit, HR, and extra. However, with the intention to obtain CPE credit score the programs have to be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen company skilled certifications, that’s the Illumeo platform. Go to Illumeo dot com to be taught extra.
Who this course is for:
- Anyone serious about Accounting, Finance, or associated fields.
10 reviews for Payroll Accounting Introduction
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Original price was: $24.99.$14.99Current price is: $14.99.
Ashley Byrne –
The course is informative, however it is too basic to use for any kind of actual application. It is definitely a beginner’s course, or a refresher for those who have some kind of accounting background.
Linda Dowson –
I am a new assistant in accounting but have no experience and this shed light on how money is moved through accounts
Kandy Christopher –
Yes I start from zero, no previous knowledge of accounting is very interesting….good delivering information by the instructor Thank you.
Katie Cragg –
Great course! Would however love the option to select multiple choice answers during the quizzes like the final exam
Amar Yeluru –
It was a great match. Perfect for what I was looking for.
A couple of suggestions:
1) On many occasions, the instructor’s lecture (audio) and the content on the slides are not in sync. As a result, I had to rewind the audio back several times to understand the lecture, only to see the visual appear a bit later.
2) It is “Fiscal” period. Not “physical” period.
Juliet Nwachukwu –
I wish some of the terms had the definition included in the slide show instead of just in the Glossary. Seeing words with their definitions helps with memory retention.
Katrina Lyons –
The instructor was very knowledgeable. The slides could have had more content especially when she was giving examples for specific scenarios. That would have been more helpful to me.
Meera M –
The trainer was very good and experienced. Learnt the concept quite clearly. thanks.
David Hicks –
It is a great match for me because it is a great refresher course for me regarding payroll and accounting.
Roberta Gregg –
The instructor is very knowledgeable but would respectfully ask that she use more visual aids and not speak so fast at times. I did enjoy the course and have a much better understanding where the numbers go after processing an employee’s paycheck. Thank you!