Payroll Accounting and Reconciliation

Event Details

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

1. Variance reports
2. Company reconciliation reports

Fixed and Variable Input

1. Salaries
2. Allowances
3. Overtime and bonuses

Reconcile Monthly Contribution

1. Pension fund
2. Tax remittances: PAYE

Reconciliation Techniques

1. Procedures and documentation
2. Customers books
3. Accounts payable

Fraud in Payroll Reconciliation

1. Handling fraud and identity theft
2. How to detect errors and fraud in payroll
3. Review payroll registers