Diploma in Bookkeeping and Payroll

Bookkeepers work in close proximity with core business operations to ensure that the most economically viable and safe decisions are made to keep finances and budgets under control. This programme will provide you with the ability to use a computer accounting programme, in order to track and record the financial transactions and records for the company. Part of the bookkeeping process also includes calculating, recording, and balancing financial reports, including payroll, in order to be able to communicate with regard to salaries, benefits, and employee’s pay.

Payroll is an essential part of any business ensuring that salaries, wages and payslips are issued to staff on time consistent with their contract details. Succeeding as a payroll administrator involves more than just delivering pay and deducting taxes – you may have to deal with multiple tasks and duties at any given time. An organised, logical approach to your work is essential, and this programme will prepare you to undertake standard, day-to-day, duties of a payroll administrator including:

• Tracking and recording employee work hours and annual leave
• Calculating pay, taxes and social insurance
• Incorporating variables, like overtime, sick-pay, holidays and expenses
• Processing and paying salaries and wages – by cash, cheque or EFT
• Issuing payslips to employees
• Addressing problems and answering queries
• Issuing P45s, P60s and other related tasks.

This programme will provide you with the knowledge, skills and competencies required to be able to full the payroll task in a SME and/or support the payroll function in a larger organisation.

With legislative requirements affecting almost all aspects of the role, this programme will also provide you with the skills required to remain current in the field – by identifying the legislative (revenue) requirements affecting almost all aspects of your role, and also where to find the information on a recurring annual basis to ensure you are able to carry out your duties with ongoing confidence and accuracy.