Payroll for Bookkepers
Presenters : Bekithemba Ndebele ACCA
Overview
Bookkeepers and accountants who perform the payroll function must possess full understanding of relevant legislation, SARS administrative requirements, and how to work the numbers.
This webinar provides bookkeepers with a comprehensive overview of essential payroll processes, compliance requirements, and key payroll returns. Participants will gain the knowledge and skills necessary to accurately calculate gross and net salaries, ensure compliance with legal obligations such as UIF and SDL, and effectively handle payroll returns like EMP201 and EMP501.
Join Bekithemba Ndebele (ACCA) as he illustrates how bookkeepers and accountants can accurately calculate payroll figures as well as administer the payroll function in compliance with legislation and SARS requirements.
Learning objectives
By attending this webinar you will gain the following competencies:
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Understand practical techniques to accurately calculate gross and net salaries.
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Know how to handle transactions originating from external sources, including investment income, contributions for medical aid/insurance, pension or provident fund contributions, and retirement annuity contributions.
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Gain knowledge on the appropriate timing and process for registering for PAYE, SDL, UIF, and COIDA.
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Gain confidence to effectively prepare and file an EMP201 return.
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Understand how to accurately prepare a payroll reconciliation, file the EMP501 return, and generate employee tax certificates (IRP5s).
Content
The webinar will cover the following topics:
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Accounting for payroll expenses.
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An general overview.
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The debits and credits.
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Leave provision.
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How to register for:
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Pay As You Earn (PAYE).
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Unemployment Insurance Fund (UIF).
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Skills Development Levy (SDL).
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COIDA.
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eFiling.
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Monthly payroll statutory returns.
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Bi-annual payroll reconciliation.
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Employee tax certificates.
