Bookkeeping Basics – Payroll

Every tax preparer and accountant somewhere along the lines needs to have a fundamental basic understanding of bookkeeping in order to ensure they are using the correct numbers when preparing a tax return or otherwise presenting financial information to their client.

Payroll

• Review the basics of payroll and learn about the overall payroll process
• Learn new employee considerations in the hiring process as it relates to the required paperwork
• Discover how to account for wages, Tips, and Garnishments
• Understand the reporting (tax filing) and payment requirements for payroll
• Learn how to code payroll transactions using examples from the course