OTEC 171: Payroll is an introduction to payroll procedures and employer responsibilities with regards to deductions and submissions. Students will practice manual payroll calculation and preparation. Topics of study include calculating employees� earnings and deductions, calculating employer payroll expenses, recording and remitting employees� deductions, and employers� annual responsibilities for filing the T4 summary form.
Accessibility Services Notice
standard statementCourse Details| Total number of weeks | 5 |
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| Total Credits | |
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| Total Hours | 45 |
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Typical hours per week breakdown| Other | 45 |
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Outcomes
Upon successful completion of this course, the learner will be able to:
- explain payroll procedures;
- identify statutory deductions and other deductions;
- use payroll deduction tables;
- complete a payroll cycle, including remittance of deductions;
- maintain Employee Earning Records and complete a Record of Employment;
- calculate and record the employer’s expenses associated with payroll;
- record and remit employees’ deductions to the Canada Revenue Agency; and
- describe the employers’ annual responsibilities for filing the T4 Summary form.
Grading Table
Academic and Career
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
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