Payroll Accounting

Catalog description

This course is designed to enable students to process payroll and meet the needs of the employer and legal requirements. Students learn basic payroll laws and regulations. Students compute gross pay and all employee payroll deductions, compute employer payroll taxes, and prepare all necessary payroll journal entries and employee earnings records. Students also prepare quarterly and annual Federal payroll tax forms. Students demonstrate in-depth understanding of payroll by completing a payroll project for a three-month cycle.