Programme Brief

This course is an introduction to the processing of payroll in the organization regardless of its size. All aspects of the payroll function would be examined including computations, accounting, and statutory compliance. A review will be conducted of the typical journals to be processed by month, as well, year-end balancing of payroll reports.

 

Target Audience

This programme is designed for anyone responsible for the processing or supervision of the payroll function in the organization as well as individuals wishing to learn about basic payroll processing and preparation of entries for same.

 

Pre-requisite

Basic Computerized Spreadsheet Skills

 

On completion of this course, learners will be able to:

  • Know the relevant elements of the income tax legislation, regulations and HR practices.
  • Be able to compute employee pay.
  • Be able to compute individual income tax liabilities.
  • Know how to comply with employer payroll requirements.
  • Know how to account for payroll including the preparation of accounting entries for Gross pay, deductions, and Net pay.
  • Understand the National Insurance system and calculation of deductions.
  • Balancing year to date data, to ensure the proper calculation of TD4 certificate as well as TD1 requirements for the year.
  • Preparing the budget for salaries and wages for forthcoming year.

 

 
 
  

An e-certificate will be issued at the end.


Schedule and Cost

STUDY MODE START ENDDAYTIME ADMINISTRATIVE COSTTUITION COST
Online16-Apr-2421-May-24Tuesdays6:00 pm - 8:30 pmTT$150.00 / US$23.00TT$1,850.00 / US$285.00

Information subject to change without prior notice.

 

See our 2024 training schedule below:


  • 15 Contact Hours
  • Administration Fee: TT$150.00 / US$23.00
  • Registration Deadline: One week before the scheduled start date of the class.
  • Payment Plan: If you wish to access our payment plan option, kindly forward an email to CTC-CF@sbcs.edu.tt.

To register for this course, please follow the instructions below:

Step 1: Please complete the Online Programme Registration Form, and click submit.

Step 2: Once the form has been completed, please proceed to make your payment via the following options:

Option 1: PayPal – Please click the “Add to Cart” button below:

Option 2: WiPay (Credit Card) – If you wish to utilize this method, please forward an email to CTC-CF@sbcs.edu.tt indicating if you would be paying the full cost or whether you would like to access our payment plan option. Once this is confirmed, an invoice will then be forwarded via email.

*If you do not have a PayPal account or a credit card, you can utilize the following payment option:

Option 3: Payment of TT$2,000.00 can be made via direct deposit / online bank transfer. Please click here for further instructions regarding the banking options available.

Please note that online bank transfers can be done from the following banking institutions – Republic Bank, Royal Bank, First Citizens Bank and Scotia Bank.

 

Step 3: Complete the Online Payment Update / Notification form – Please ensure a copy of the deposit slip / transaction slip / e-receipt is included when submitting your information.

 

Step 4: Applicable to Payment Plan Students: Sign and return your Enrolment Ticket.

Do note that the completed Enrolment Ticket is SBCS’ legally required document confirming that fees are outstanding. All further communication and instructions will follow once this step is completed. 

 

All relevant information about accessing online sessions will be sent via email within 3 – 5 working days of the course start date.

For further information, please send an email to Corporate Training Centre CTC-CF@sbcs.edu.tt.

 

Technical Requirements?

Please check that your laptop/tablet meets the minimum requirements for Adobe Connect web conferencing online platform services before registering by clicking here.

For further information, please send an email to CTC-CF@sbcs.edu.tt.