Payroll is a critical business function that most small businesses don’t have the time to master or complete on their own. Many choose to bring in an outside expert to take care of their payroll functions. These experts, known as payroll specialists, provide a wide range of accounting and payroll services for small businesses.
This session provides insight into the services a payroll specialist performs for small businesses. Topics covered include managing employee records, time, and attendance; deciding on compensation and benefits packages; distributing payment to employees; payroll reporting and compliance; and more. This training is ideal for accounting professionals who are new to payroll services but are interested in supporting clients with their payroll needs.
Learning Objectives:
- Define the different types of worker classifications
- Understand federal and state legal compliance requirements
- Understand how to properly review pay schedules, workweeks, and standard hours
- Identify employee termination procedures and policies
- Identify the required employee documents that must be maintained by employers
- Understand how to calculate gross payroll costs
- Understand the federal and state taxes that affect payroll
- Understand the different types of benefits and their tax compliance implications
- Understand how to properly explain, record, and/or file taxes and wages
Details:
● Who Should Attend? Accounting Professionals who plan to offer or currently support small
business clients using QuickBooks Online Payroll
● Prerequisites: None
● Delivery Method: Group-live Internet
● Field of Study: Non-Technical - Computer Software & Applications
● Course Level: Intermediate
● Course Length: 120 Minutes
● Recommended CPE: 2
Note: CPE automation for this event does not support partial credits. If you are present for 50 minutes or more, you may request a partial credit for every additional 25 minutes of attendance if check points and polling question(s) requirements are met. Please inquire at: accountant_training@intuit.com