Payroll Journals Overview and Understanding

Course details

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 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 ;

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

Benefits

Edplx has connections and great business relationships with respectable companies within the job industry. This plays an important role in assisting all our students searching for internships, apprenticeships and part/full time jobs. We also provide all our students with the opportunities to speak to our talented career advisors and experts. You will also be invited to career fairs to give you the chance to present yourself to potential employers, once you sign up for it.

Certification

Upon completion of the course, internationally recognised certificates that can be traced by employers are available upon completion.

Who is this Course for

• Bookkeepers and Financial administrators who have the responsibility of inputting the payroll journals.

Updated on 31 January, 2023