Payroll & Monthly SARS Returns

This module will introduce you to payroll and the Basic Conditions of Employment Act as well as basic business ethics. Learners will be able to complete the payroll function from the bookkeeping perspective.

Description


This course forms part of the Foundation Level in the ICB Financial Accounting Programme. It builds on a basic knowledge of bookkeeping to include a study of VAT, basic conditions of employment, RSA statutory registrations, RSA payroll calculations and accounting, SARS e-filing and a study of the ethics of a tax practitioner in South Africa.

Accreditation

Institute of Certified Bookkeepers as a Quality Assurance Partner of the QCTO

Outline


• Recording business financial transactions
• VAT calculations and returns
• Basic conditions of employment
• Statutory registrations
• Complete PAYE documents
• Accounting for payroll
• E-filing monthly SARS returns
• Ethics and the registered Tax Practitioner
 

Assessment

 

This course is assessed by the ICB by means of a Portfolio of Evidence where you are required to complete Activities (assignments) and Evaluations (tests) and then complete a final written summative assessment (exam). Please be sure to verify that you have been registered for your assessment

Certification

This course is a short course as part of a national qualification. Once you have completed this course and the remainder of the level you will receive a national certificate.