For many small businesses, the responsibilities of payroll management and bookkeeping falls to one professional well-versed in both disciplines. Knowing how to balance books, track finances, settle accounts, and administer pay is key to overseeing a company's finances.
This online course bundle covers all critical areas of bookkeeping and payroll administration. You will first learn how to utilize QuickBooks for common bookkeeping situations, such as accounts receivable and accounts payable, accounting for fixed assets, running general ledger reports, working with the chart of accounts, managing inventory accounts, and more.
You will then learn the principles of payroll management, including aspects of the Fair Labor Standards Act of 1938 and the Internal Revenue Code. Payroll Practice and Management provides a foundation for classifying workers, calculating overtime pay, and overseeing payroll functions. But there is more to payroll than calculating gross wages — you will also learn to manage year-end forms, which relies on your bookkeeping skills.