Payroll Journals

Payroll Journals

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. Often times its the accountant or payroll bureau who will run the payroll for a business... 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 entered. The course will take approx 1-2 hours to complete.

An overview and understanding of the debits and credits of the p32

Url: View Details

What you will learn

• Students will understand what the journals should be for a p32 and have a better overall understanding of payroll journals.

Rating: 4.4

Level: Expert Level

Duration: 42 mins

Instructor: Lisa Newton