Best Practice in Payroll Accounting and Reconciliation

The workshop provides an in- depth insight into the reconciliation procedure of all payroll functions.

It is a very practical course where users are shown how to apply detailed checks to all weekly and monthly input as well as the monthly payment, medical aid and pension fund etc.

CONTENT:

Reconciliation Purposes

· Variance reports

· Company reconciliation reports

Fixed and variable input

· Salaries

· Allowances

· Overtime and bonuses

Reconcile monthly contribution

· Pension fund

· Tax remittances: PAYE

Reconciliation techniques

· Procedures and documentation

· Customers books

· Accounts payable            

Fraud in Payroll Reconciliation

· Handling fraud and identity theft

· How to detect errors and fraud in payroll

· Review payroll registers

FOR WHOM:

HR Executives, Administrators, Directors, Accountants, Auditors, Reconciliation Officers and other Management staff who perform related functions.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.