This course will provide you with the basic knowledge and skills required to maintain payroll compliance and prevent costly penalties.

These calculations are critical to successfully passing the FPC and CPP exams and are not covered in PayTrain Mastery.

BENEFITS TO YOUR ORGANIZATION

• Obtain formal training in Payroll administration
• Gain a foundation of knowledge for entering the Payroll field

COURSE OBJECTIVES

• Creating a foundation of knowledge for entering or continuing a career in the payroll field
• Accessing a network of peers to learn about payroll practices at other organizations
• Understanding payroll essentials through hands-on exercises
• Improving job performance by increasing accuracy and compliance
• Creating a vision for the payroll department

TRAINING DESCRIPTION AND MATERIALS

This course will cover the materials tested in the CPP (Certified Payroll Professional) examination. Topics covered will include pay classifications/calculations, manual/out-of-cycle payments, data entry/error, tip credits, customer service, federal income tax calculation, journal entries, systems credits, balancing, basic categories of employment, compensation time issues, master file components, retention requirements, preparing/balancing remittances for deductions of funding requests, direct deposits, taxation, involuntary deductions, tax deposits, reporting requirements, payroll journal entries, account reconciliation, internal controls and audits, communication, benefits and tax implications for complex hires, penalties related to errors and noncompliance, immigration and naturalization, complex tax issues, federal unemployment tax, payroll and supporting systems, financial statements, IRS inquiries and notices, payroll and supporting systems, and management.

HOURS

Your PayTrain Fundamentals training course includes 30 contact hours for up to 6 employees. Pricing includes training administration, instruction, participant text & audio CD, and an activity evaluation at the conclusion of training.