What you’ll learn
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Identify the key federal payroll laws and regulations that govern payroll processing.
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Calculate regular pay and overtime pay accurately based on predetermined formulas and guidelines.
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Apply the appropriate formulas to determine both employer and employee social security and Medicare contributions.
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Calculate employee federal income tax withholdings based on relevant tax brackets and allowances.
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Determine employer federal unemployment tax (FUTA) liability and calculate the corresponding amounts accurately.
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Analyze various payroll deductions and their implications on employee net pay.
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Prepare comprehensive payroll journal entries, considering the impact on financial accounts and the accounting equation.
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Post payroll journal entries accurately to the general ledger for proper recording and reporting.
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Complete payroll tax forms, such as Form 941, Form 940, Form W-2, Form W-3, and Form W-4, following applicable guidelines and requirements.
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Solve comprehensive payroll problems, integrating knowledge of payroll legislation, calculations, and journal entries.
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Apply payroll concepts within the context of the accounting cycle to gain a comprehensive understanding of payroll’s role in financial reporting.
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Define and explain key payroll-related terms and concepts for effective communication and comprehension in the field.
Can I download Payroll Accounting: Laws, Calculations, and Journal Entries course?
You can download videos for offline viewing in the Android/iOS app. When course instructors enable the downloading feature for lectures of the course, then it can be downloaded for offline viewing on a desktop.Can I get a certificate after completing the course?
Yes, upon successful completion of the course, learners will get the course e-Certification from the course provider. The Payroll Accounting: Laws, Calculations, and Journal Entries course certification is a proof that you completed and passed the course. You can download it, attach it to your resume, share it through social media.Are there any other coupons available for this course?
You can check out for more Udemy coupons @ www.coursecouponclub.com
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Disclosure: This post may contain affiliate links and we may get small commission if you make a purchase. Read more about Affiliate disclosure here.
