Learn quickly from an accounting expert how to
carry out the entire payroll process.
This course is designed to introduce
individuals, entrepreneurs and small businesses to
the cost of labor and its related payroll taxes. In
some companies, payroll costs represent more than
one-third of the operating costs. The employer is
liable for meeting reporting requirements and for
the money withheld from employees’ wages or salaries
and for payroll taxes. This course will focus on the
liabilities, the records and control requirements of
payroll accounting. Some basic knowledge of
Accounting is recommended.
The student’s performance will be
assessed by the following methods:
1. By performing satisfactorily on
2. Ability to complete payroll process
Upon completion of this course,
students will be able to:
A. Calculate employee gross pay, deductions and net
B. Determine the employer’s
liabilities for payroll, including liabilities
arising from employee earnings and deductions from
C. Prepare Employer’s Quarterly
Federal Tax Return (941)
D. Record payroll and payroll taxes
for Employee Compensation
In the first week, we will explore the
employer’s liabilities for employee compensation and
payroll withholdings. The employer is liable to
employees for wages and salaries. The amount paid to
employees is generally less than the wages they
earned because the employer is required by law to
withhold certain amounts and send them to government
agencies to pay taxes owed by the employees. The
course policy, procedure and homework assignment
schedule will also be addressed during the initial
Employee’s Net Pay, and Recording the Payroll
The federal government, most state governments,
and even some city governments require that
employees act as collection agents for employee
taxes that are deducted from employee checks. We
will be studying the difference between gross pay
and net pay. We will also learn how to calculate net
pay and record payroll entries.
Deductions, Employer’s Quarterly Federal Tax Return
(941), and Payroll Accounting Software
We will be looking at other deductions, such as
retirement or pension plans, and insurance and
savings plans. Students will be given the
opportunity to complete an Employer’s Quarterly
Federal Tax Return (941) and a comprehensive payroll
problem. We will cover various popular software
programs and learn how to download tax forms and
other information from the IRS website. In this day
and age of technology, payroll and payroll tax form
preparation can be done at the touch of a computer
Click the Enroll in this Course
Link below to begin your registration.
Learning Link Finders, Inc is proud to offer this
course or Certification through a Partnership with Accredited
Universities and Colleges.
Here's How It Works
Click the ENROLL link.
Fill out and submit the pre-enrollment form.
Check your email for enrollment confirmation and
instructions on how to make payment for the course.
Begin your Course!!