****Please note that this course is based on South African Tax****Much of the payroll process begins with calculating gross salary - whether hourly, weekly, fortnightly or monthly - and then subtracting deductions and taxes from that amount to determine the final payment that employees receive in their paycheck. These gross wage calculations and subsequent deductions are dependent on several factors in each case depending on the law and rules.This session will provide the necessary insights on how payroll calculations are done - even if software is used in calculating payroll, it is very beneficial for the person entering the numbers, to know how these calculations are performed. Some calculations need to be done, before it can be entered into the payroll system. A good understanding of employee taxes are vital for payroll administration.Topics Discussed:How to calculate:Pro Rata Salary, Leave and TaxDaily and Hourly RateGross IncomePAYE, UIF and SDLSubsistence AllowanceMedical AidRetirement AnnuitiesUnpaid LeaveLong Service Cash AwardBonusOvertimeCommissionArbitration AwardAllowances (Travel and Reimbursive Travel)AccommodationAdvances and Loan RepaymentsExpense ReimbursementsUniform AllowanceRight of use of an assetHow to keep an excel worksheet as proof of how calculations were doneReconciling your payroll for the year on excelAsset Acquired at less than OMVLeave schedule - according to hours workedLow interest or interest free debtEMP501COIDA ROEAll Included:Recording of the sessionQ & A with the presenterDownloadable course materialCertificate of trainingOptional assessment3 Verifiable CPD Points - SAIT Accredited---------------------------------------About the Presenter:Ruzel van JaarsveldShe has over 23 years financial and bookkeeping experience, working with many industries and corporate environments, with extensive knowledge and practical application of trial balance, payroll, VAT, PAYE returns, Inventory control, Management Accounts, E-filing and Procedures of Importing and Exporting.She is a seasoned appointed facilitator with Biz Facility, and for numerous years has been presenting various national practical financial workshops to business owners and corporate financial staff.