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Business
Payroll Computation and Bookkeeping
time1.5-3hrs
timebeginner level
Payroll computation and bookkeeping are essential aspects of any business and a crucial skill set for those who want to work in accounts or handle finances for companies with extensive capital and staff. This course will provide you with the knowledge and skills necessary to accurately calculate and maintain employee salaries, wages, and benefits, while also ensuring compliance with the provisions of federal and state labour laws and taxes.
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Payroll Computation and Bookkeeping
This free online course will teach you how to compute wages and salaries and how to account for associated taxes.
Payroll computation and bookkeeping are essential aspects of any business and a crucial skill set for those who want to work in accounts or handle finances for companies with extensive capital and staff. This course will provide you with the knowledge and skills necessary to accurately calculate and maintain employee salaries, wages, and benefits, while also ensuring compliance with the provisions of federal and state labour laws and taxes.
checked1Course description
checked1Course module
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Module 1
6 Lessons
Computing Wages, Salaries and Taxes
This module guides you on computing wages, salary, and taxes. The lessons cover provisions of the Fair Labor Standards Act, calculating employee work hours, time spent, salary, and compensation. You will also delve into various aspects of social security, income, and unemployment tax covering FICA, withholding laws, FUTA and SUTA, and other norms.
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1.Learning Outcomes
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2.Computing Wages and Salaries
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3.Social Security Taxes
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4.Income Tax Withholding
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5.Unemployment Tax Acts
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6.Lesson Summary
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Module 2
5 Lessons
Bookkeeping and Basics of Accounting
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Module 3
1 Lessons
Course assessment
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