CPE - 108 Payroll Fundamentals

The ‘Payroll Fundamentals’ badge confirms the learner has developed the fundamental skills needed to effectively process payroll concepts, paycheck calculations, fringe benefits, and payroll reporting.

• Identify and complete the various forms needed for reporting and filing requirements
• Recall the federal and state wage and hour laws to ensure compliance
• Examine a payroll situation and correct, amend, adopt, or change for positive results
• Use qualitative and quantitative methods and tools to accurately calculate a paycheck
• Recall basic payroll accounting functions to calculate and distribute wages, salaries, and withholdings through time sheets, paychecks, and payroll ledgers
• Perform compliance research
• Identify payroll system needs and documentation for internal controls

• Payroll processing

• Payroll tax

• Payroll reporting

• Payroll administration

• Payroll Regulations

• Payroll Practices

• Payroll Computation

• Payroll Disbursement

• Regulatory compliance