Last updated: February 13 2017
The technical side of payroll, if done incorrectly, can cost both the employer and the employee unnecessary and unexpected tax remittances, interest and penalties from the Canada Revenue Agency. You can be the professional to solve these concerns by starting a new certificate course online this week.
Knowledge Bureau’s Advanced Payroll course – one of the courses in the DFA- Bookkeeping Services Specialist designation - will help you become a more astute compliance manager and ensure payroll is more than simply accurate. It will also allow you to assist your client to be shrewd in negotiating employment contracts to the after-tax benefits of the employees of the firm, which could include family members.
“I like that the material covered different aspects of payroll from The Payroll Cycle to Year-End Reporting. I also like Evergreen as a research tool in all the courses as it gives in depth knowledge at your fingertips.” Graduate Alan P., ON
All bookkeepers must be able to produce an accurate payroll on time, every time. This course will help you to achieve such level of confidence and it will even take you one step further. You will gain understanding and immediately implementable skills of completion of a full payroll cycle, TD1/T1213 form completion, accounting for statutory and non-statutory deductions, taxable and non-taxable perks and benefits, T4 slip preparation, for any business within Sage 50 and QuickBooks.
This course includes also access to excellent reference materials from CRA and EverGreen Explanatory Notes, access to the latest versions of Sage 50 and QuickBooks Desktop software programs, and up to date information as the course material is updated when changes to the information become available.
Students will not only understand compliance requirements federally and under provincial Employment Standards Codes in their area of operation and account for a variety of compensation plans including hourly wages, salary, commissions, piecework, bonuses, retroactive payments, and vacation pay, they will also account for differences in pay structure for workplaces governed by a union and more.
For more information about Knowledge Bureau’s recently updated Advanced Payroll course, click here.