By the end of the program, participants will be able to:

• Determine the needed documentation in the payroll cycle.
• Prepare and reconcile the monthly payroll.
• Calculate contributions based on different assumptions for employer and employee.
• Perform “What If” analysis related to employee benefits.
• Develop monthly and annual payroll budget.
• Design periodic payroll management reports and analysis.
• Assist the accounting department in controlling and auditing payroll payments

By the end of the program, participants will be able to:

• Determine the needed documentation in the payroll cycle.
• Prepare and reconcile the monthly payroll.
• Calculate contributions based on different assumptions for employer and employee.
• Perform “What If” analysis related to employee benefits.
• Develop monthly and annual payroll budget.
• Design periodic payroll management reports and analysis.
• Assist the accounting department in controlling and auditing payroll payments

• Human Resources and Accounting
• Introduction to the HR Function
• Introduction to Accounting Function
• Importance of Payroll Function as a Link between HR and Accounting
• Understanding the Hiring Process Documentation
• Managing Payroll Process for:
• Contract Professionals
• Full Time Employees
• Temporary Help
• Outsourcing
• 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 and Benefits
• Controlling Access to Loans
• Reporting on Loans Status
• Calculating End of Service Benefits for Company and Employees
• Reporting on Benefit Plans
• Accounting Department Role in Payroll Process
• Recording Payroll Expense and Liabilities
• Recording Payroll-Related Contributions and Liabilities
• Reconciling Receivables from and Payables to Employees with Payroll Department
• Reconciling Liabilities with Social Security and Other Governmental Agencies
• Reconciling Payments with Bank Accounts Transactions
• Payroll Budgeting
• Budget for Payroll Department Expenses
• Prepare the Yearly Budget for Payroll and Contributions for the Company
• Budgeting for Employee Loans and Other Benefits
• Reporting Payroll and Contributions
• Determining Contribution Expense for Individuals
• Determining Corporate Contributions
• Reporting Results to the Accounting Department
• Coordinating with Accounting Department Regarding Payment Process and Control
• Reporting to Ministry of Labor
• Reporting to Social Security Authorities
• Reporting to Other Regulatory Agencies