Course details

Course Aim and Opportunities

  • This course aims to give participants the knowledge and skills to carry out the payroll function in a small or medium enterprise.
  • Participants will learn how to manually calculate wages and income tax, set up and maintain computerised payroll systems and make revenue returns according to the latest Finance Acts and regulations.
  • The qualification is a good addition to the CV of anyone wishing to improve career prospects in office administration or payroll.
  • Successful candidates can go on to study other business modules and progress to further qualifications in business or management

Course Content

Unit 1 Manual Payroll

  • Define taxable incomes, gross pay, net pay, superannuation/pension
  • Tax credits, standard rate cut-off point, gross tax, net tax, PAYE, PRSI
  • Calculate gross pay including overtime, bonuses, commissions, holiday pay.
  • Calculate employee’s net annual tax for the year.
  • Cumulative, emergency and temporary tax deduction systems.
  • Operation of cumulative, emergency and temporary tax systems.
  • Explain and complete P45, P60, P30, P35.
  • Calculate employee and employer PRSI in the various classes.
  • Employee Refunds
  • Calculate employee annual net pay to include marital status, pension
  • contributions, tax credits and standard rate cut-off point.
  • Compare tax liabilities for joint and single assessment.
  • Calculate effects of the budget on an Individual’s take home pay.

Unit 2 Computerised Payroll

  • Enter company and employee details frequency, method, type.
  • Process the payroll regularly for a number of employees.
  • Edit employee data, e.g. change in pay, tax credits, etc.
  • Print payroll management reports.
  • Update records at end of period, i.e., close off.
  • Exit, save, and backup data.
  • Outline the importance of password protection and security.

Course Work

  • Assignment (60%): Candidates will complete payroll for a group of staff and make revenue returns.
  • Examination (50%): Candidates will set up employees on a computerised payroll package, process payroll, print payslips and reports, print revenue documents, backup etc.
Updated on 23 November, 2017
Are you from Rossan College ? Claim your course!
Courses you can instantly connect with... Do an online course on Payroll starting now. See all courses

Is this the right course for you?

Rate this page

Didn't find what you were looking for ?

or