What you’ll learn
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Master the basic information required for payroll process.
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Understand what is required for an employee to be legally hired and paid for their work.
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Learn the process for calculating gross pay when using hourly wages, salary, commissions, and more.
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Grasp the difference between Mandatory and Voluntary deductions from an employee’s paycheck.
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Work through the entire process of calculating earnings, deductions, and net pay for employees.
Curriculum
- 8 Sections
- 36 Lessons
- 10 Weeks
Expand all sectionsCollapse all sections
- Course Intro3
- New Employees5
- Employee Pay6
- Mandatory Payroll Deductions6
- Voluntary Payroll Deductions8
- Tax Reporting6
- "Other Stuff"7
- Now What1
Requirements
- As long as you understand addition and subtraction, you're ready to take this course!
Features
- From how to calculate earnings to determining which taxes apply and how to file them, processing payroll can be kind of confusing.
- In this course, we use everyday, easy-to-understand language to explain the fundamentals every person responsible for getting payroll processed should understand - whether you're the person actually doing, a small business owner overseeing someone else, or a student learning the activity.
- While this course uses United States information as examples, the information and principles included apply to almost every country in the world.
- Successful students will not only grasp how each of the different aspects of payroll process work, they will understand how (and when) those pieces come together resulting in employees receiving actual paychecks.
- Throughout the entire course, quizzes and actual working "homework assignments" are used to reinforce the lessons as well as help the student understand what they are grasping or needing to restudy.
Target audiences
- Business owners, employees, students • And anyone wanting to better understand how payroll works from the fundamentals up.