PAYROLL TRAINING
An Insight into Payroll Management in Nigeria.
INTRODUCTION
Payroll is one of the biggest monthly outflows that all organizations incur. Inability to do it right will also cause an organization to incur government liabilities during tax audit. The experienced Payroll personnel sometimes make mistakes – which could be costly – during processing cycles.
This payroll management and processes training will focus on the fundamental knowledge required to manage payroll cycles without errors, structuring payroll for best result and to remain compliant with the law. Participants will also understand how the relationship between HR, Finance/Account and IT can strengthen the payroll process.
An Insight into Payroll Management and Processing in Nigeria.
INTRODUCTION
Payroll is one of the biggest monthly outflows that all organizations incur. Inability to do it right will also cause an organization to incur government liabilities during tax audit. The experienced Payroll personnel sometimes make mistakes – which could be costly – during processing cycles.
This payroll management and process training will focus on the fundamental knowledge required to manage payroll cycles without errors, structuring payroll for best result and to remain compliant with the law. Participants will also understand how the relationship between HR, Finance/Account and IT can strengthen the payroll process.
OBJECTIVES
At the end of the payroll management and processing training participants will;
- Have a sound understanding of the basics of payroll management and processing
- Know all statutory requirements that affect payroll
- Be able to manage/process any in-house or client payroll
- Be vested with the requisite knowledge to structure company pay for the best result
- Know how to find help, advice, or guidance on any payroll matter at any time
COURSE CONTENT
Statutory Deduction
- Pension
- PAYE
- NHF
- NSITF
- ITF
Errors on the payroll - Prevention and Management
- Liable to tax
- Payroll change report
- Variance report
- Off cycle payroll
- Parallel Payroll Runs
Other deductions | Statutory Payment
- Leave Allowance
- Full and final settlement
- Remittances
- How, where, and when?
What is Payroll | Pay structure | Payroll Cycle
- Payroll changes
- Error free change file
- Payroll Processing
Payroll Management
- In-house payroll processing Vs outsourced payroll processing
- Software Vs Manual processing
- At what point should a payroll unit be established
- Payroll sign-off and approval
Qualities of a good Payroll Software or SaaS
- Simple and User Friendly
- Audit Trail
- Data storage/security
- Easy upgrade/Customization
- Full and final settlement etc
Bonuses and Other remittances | Annual Filings/Reporting |Payroll Tax/Audit
- Understanding Taxable and Non-Taxable Pay elements
- Payroll Audit
TRAINING DETAILS BELOW
To register, Please Fill The Form
and Select Your Location
Add-ons:
Training materials, Breakfast, Lunch, Games,
Networking, 3 months mentoring,
& Certificate of attendance.
Fees: ₦60,000.00 per participant.
Make Payment To: Account Details
PoweredUp Motivational Services.
GTB. 001 621 9233.
After making payment:.
Send your Name, Phone number and email to;
info@poweredup.com.ng
Or send to: 0814 241 1090
For More Details: call 0814 241 1090.
Locations, Dates
- Training Date: October 3th & November 6, 2021.
- Duration: 2 Days Classroom plus 3 months online mentoring.
- Delivery: Online
REGISTER HERE NOW!!!
Who Can Attend?
Suitable for any person that performs payroll management/processing function within an organization. Also for those managing payroll providers, or those rendering payroll as a service to clients.
It will be of great value to any HR, Finance/Account, or IT personnel that plays a role in the payroll cycle.