Features
- Introduction to accounting principles and financial statements
- Hands-on training in accounting software and tools
- Understanding of basic bookkeeping processes and procedures
- Familiarity with tax laws and regulations
- Practical experience in accounts payable and receivable management
- Preparation and interpretation of financial reports and budgets.
Payroll is the process by which businesses reimburse employees for the job they have performed. Sage 50 Payroll Training involves numerous technical features, like taxes and preserving accuracy, that must be performed with utmost care, even if it may appear like a routine task.
We offer basic, advanced, and professional level Payroll training classes that are intended to help users of the software with their daily tasks and able to compute complex NI contributions using a simple calculator and technical expertise. This program provides you with all the relevant knowledge of payroll compliance and administrative tasks such processing payslips, P45, P60, National Insurance contributions, and RTI reports, among others, in this course.
Professional Careers Training and Recruitment offer Best Online Sage 50 Payroll Training in the UK:
The Sage 50 Payroll Course covers the following topics
- Payroll Theory and Academic Understanding.
- The Annual Payroll Cycle.
- Checking Timesheets to See How Many Hours Employees Worked.
- Calculating Correct Employee Pay by Considering Hours Worked, Overtime Rates, Taxes, National Insurance Payments and Other Factors.
- Processing Holiday, Sick, Maternity and Paternity Leave Payments.
- Processing PAYE Deductions and Sending Payroll Information to HM Revenue and Customs.
- Obtaining and Verifying Direct Debit Banking Information from Employees.
- How is a Tax Code Calculated.
- Using Adjustment Tables and Tax Tables in Tax Calculations.
- Understanding Personal Tax Allowances.
- How Do You Arrive at an Employee’s Gross Pay and What is Taxable and NI Contribution?
- Dealing with Pension Schemes and Submission.
- Calculating and Understating Statutory Sick Pay (SSP), Statutory Maternity Pay (SMP), Statutory Paternity Pay (SPP).
- The Workshop Includes an Introduction to All the HMRC Forms, Technical Aspects, Important Dates, Tax Codes and Year-End Adjustments. It Also Includes a Reference to HMRC Website for More Up to Date Knowledge.
- Filing / Submission Compliance RTI Documentation (Payslips FPS, EPS, P32).
Sage 50 Payroll Course Benefits
- Gain Practical Skills to Apply in Real-World Scenarios.
- Learning Sage 50 Payroll Software.
- Improve Your Employability with a Recognized Certification.
- Enhance Your Career Prospects in Finance, Accounting or Business.
- Access to Ongoing Support and Professional Development Opportunities.
