The Financial Planning, Budgeting and Control Training Course will cover the following topics and more:

Payroll as the important link between human resources and accounting

• Introduction to the HR function
• Introduction to accounting function
• Importance of payroll function as between HR and accounting

The Hiring Process

• Understanding the Hiring process documentation
• Managing payroll process

Preparing and calculating payroll

• Looking for the right controls before starting
• Determining the right calculation basis for payroll
• Elements of risk leading to payroll mistakes
• Managing increments, deductions and payroll approvals
• Preparing payroll schedules

Employee Loans

• Controlling access to loans
• Reporting on loans status
• Reporting payroll contributions
• Determining contribution expense for individuals
• Determining corporate contributions
• Reporting results to the accounting department
• Coordinating with accounting department regarding   payment process and control

Course Booking

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