Duration: Full Day
Venue: Various across the UK
Price: £299.00
Max Number of attendees: 8
Software: IRIS PAYE-Master
Level: Basic to Advanced
Overview
Designed following IRIS PAYE-Master customer feedback,
this course will provide you with the information
essential to run a successful and accurate payroll using your
IRIS PAYE-Master software. It will also give you the basic
knowledge you need to respond to employees’ enquiries regarding Tax
and National Insurance.
We try to ensure that you are never have to travel too far for a
course. If however none of these locations suit you then let us
know. If there is enough interest we may be able to set up a course
near you alternatively we can train you on site or over the
web.
full
course overview
Dates and Locations
Benefits to you and your practice
Attending this course will outline just how important
legislation is to your business and the impact it has on how you
manage your payroll. This will help minimise the risk of error and
in turn ensure you avoid HMRC penalties.
The course will also help you develop your career as employers
recognise the value of having qualified employees in something as
essential as payroll.
Who is the course for?
Whether you have been using PAYE software for years or you're
new to payroll, this course will ensure you get the most out of
IRIS PAYE Master software.
What will you learn?
The Payroll Cycle & Your Software
Understanding PAYE Income Tax & National Insurance
Processing Starters & Leavers
Course Content
Payroll Cycle & Your Software
- The basics of payroll legislation
- How to run a basic payroll cycle
- Overview of the most commonly used payroll forms and
reports
- The essentials of Payroll variations & calculation
- What reports are useful and how to run reconciliation
- Posting a journal (if applicable)
- Paying employees & providing a payslip
- Dealing with leavers
- Month end tasks
- Moving on to the next pay period
Understanding PAYE Income Tax & National
Insurance
- Your responsibilities as an employee in terms of PAYE
- How to understand and apply your employee’s tax codes and NIC
category letters
- The basics of calculating Income Tax & National
Insurance
- When and what to pay to HMRC every period
- Understanding Tax codes
- Calculating Income Tax
- Week 1/Month 1 codes
- Emergency Tax codes
- Applying a Tax code change in the software
- Dealing with an employee query
- National Insurance numbers
- Understanding NIC category letters
- Calculating National Insurance
- Applying an NIC letter change in the software
- Dealing with an employee query
- Paying HMRC
- Calculating how much to pay using your software
- Methods of payment
- Rectifying a mistake
Starters & Leavers
- What checks to make when a new starter joins your company
- How to create a new employee record and when to use an old
record
- What to do when someone leaves the company
- How to inform HMRC about these changes
- Adding a new starter
- Ensuring the new starter is genuine
- Determine the new starter is legally entitled to work
- Determine the status
- Creating the new employee using your software
- Making someone a leaver
- Leaver checklist
- Redundancy Pay
- Payments to leavers
- When an employee retires
Learning Approach
Training sessions are classroom based. You will be provided with
a laptop with the software on so you can follow the instructor
step-by-step.
Bring this course in-house
To bring this course in-house please call us on +44(0)844 815
5656 or enquire