MYOB Payroll

MYOB Payroll

Build on existing MYOB AccountRight accounting experience by learning how to manage and run a company payroll with the MYOB Payroll Course. Designed specifically for people with some existing knowledge of accounting procedures using MYOB, this course will help them take advantage of more advanced tools and techniques specifically focused on paying employees.

The 8 payroll-focused modules are best suited to:

  • Employees tasked with setting up and running a new company payroll using MYOB.
  • Accounts clerks who will be taking over responsibility for running the company payroll process.
  • Individuals who would like to improve their employment prospects by learning an in-demand administrative skill.

Assuming that learners already have a good basic understanding of MYOB, the Payroll Course is focused solely on the processes required to pay employees working at small and medium-sized firms. From initial set-up of the payroll through to performing year end routines the course covers the complete cycle to provide a good grounding in using MYOB to manage pay runs.

The MYOB Payroll Course is built on eight core modules, each of which uses instructor-led videos and practical exercises to ensure students fully understand the concepts being taught. Delivered via our online learning platform, mini-quizzes, flashcards and end of unit tests help participants properly understand each topic. The online delivery platform allows learners to complete each module whenever and wherever is most convenient for them.

The built-in platform connects students, giving them the opportunity to ask and answer questions, sharing experiences and supplement their knowledge with real-world observations. The social framework provides a helpful support network for encouraging students to see their studies through to conclusion.

Key learning points

Building on the student’s existing knowledge and experience of using MYOB, the Payroll Course helps them quickly get to grips with the payroll-specific processes and features they need to execute pay runs and fulfil legal payroll obligations.

The course modules cover topics including:

  • Setting up and populating the company payroll in MYOB.
  • Linking payroll accounts in MYOB.
  • Creating employee records in the payroll.
  • Maintaining the payroll history and employee bank account data.
  • Executing a payroll run including electronic transfers, and pay slip printing.
  • Calculating and applying entitlements like statutory sick pay to an employee’s wages.
  • Entering and processing timesheets, and performing payroll runs based on that data.
  • Reporting on payroll data.
  • Calculating other payroll factors including deductions, superannuation contributions and withholdings.
  • Perform payroll year end operations.

advantages of the course

Once complete, students will be fully prepared to create, manage and run payroll operations using the MYOB application. From initial configuration, through to statutory year end routines, graduates will be fully prepared to take over payroll responsibilities.

By completing the MYOB Intermediate Course, students will be fully prepared to take over stock control and BAS reporting duties, as well as having everything they need to be a fully productive member of the accounts team.

Other benefits associated with the course include:

  • In-depth inventory management skills to keep tighter control of company assets and improve profitability.
  • The ability to manage day-to-day business finances using MYOB AccountRight and take on additional responsibilities at work.
  • The necessary knowledge and experience to secure a promotion at work.
  • A fully-transferrable skillset that can be used in any accounts department at any small or medium-sized firm.

Once complete students will be fully prepared to take over management of the company inventory and BAS reporting duties. They will also have acquired the basic skills required to take their learning to the next level and earn a full accounting qualification.

Introduction
  • What does the Payroll module do
  • Setting Up a Company File
  • Setting Up the Payroll Information
  • Payroll Categories
  • Creating A New Deduction
  • Creating new Payroll Accounts
  • Linking your new payroll accounts
Setting up your Employees
  • Summary of our case study
  • Employment Classifications
  • The Employee Card
  • Entering the Payroll details for the Hourly Employees
Entering Payroll History
  • Entering Payroll History
  • Employee Banking Details
Conducting a Pay Run
  • Conducting a Pay Run Overview
  • Setting up Bank Details for Electronic Payments
  • Paying Salaried Employees
  • Preparing Electronic payments
  • Paying part-time (hourly) employees
  • Printing Pay Slips
  • The Payroll Activity Summary Report
Entitlements
  • Overview of Entitlements
  • Creating Sick Pay and Holiday pay for Salaried employees
  • Applying these changes
  • Entering Carry Overs
  • Entitlements for hourly employees
  • Entitlements for salaried employees
  • Checking Entitlement balances
  • Running Entitlement Reports
Timesheets
  • Overview of Timesheets
  • Preparing Employees Cards For Timesheets
  • Entering Data into Timesheets
  • Conducting a Pay Run with timesheets
  • Creating Subsequent Timesheets
  • Running Timesheet Reports
Overview of Payroll Information
  • Analysing Employee Pays
  • Payroll Categories
  • Payroll Summary Reports
Payroll Obligations
  • Checking Payroll Liabilities
  • Paying PAYG Withholdings
  • Paying Superannuation Contributions
  • Paying Deductions
  • Reviewing Liability Payments
  • Payroll End of Year Obligations
  • Creating Payment Summaries
  • Starting a New Payroll Year
Course Code
EC112256
Type
Online Course
Course Access
1 Year
Exams Included
No
Processor
1 gigahertz (GHz)
RAM
1 GB
Operating Systems
Windows 7
Windows 8
Browsers
Internet Explorer 8 or above
Google Chrome
Safari 6 or above
Mozilla Firefox
Flash Player
Latest version
Windows, Mac
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