Payroll in Microsoft Dynamics SL 2015

Audience This training is intended for partners, end users, IT professionals or accounting professionals who utilize or maintain the Payroll module in Microsoft Dynamics SL. At Training Material Completion On completing this course you will be well acquainted with:

• Perform all payroll related data entry functions including: timesheet entry, check processing, manual checks, net checks and voiding checks.
• Perform maintenance on payroll timesheets, and other records such as employees and tax deduction information.
• Use the payroll calculation process to automatically compute payroll earnings, deduction and benefit amounts and make appropriate adjustments to payment amounts prior to check processing.
• Print standard Solomon reports to verify data and perform financial analysis for audit trail purposes. Understand the calculation of tax deduction amounts using tables.
• Create and maintain special deduction types (401K plans, garnishments, etc.).
• Understand the process for updating Accounts Payable with payroll liability information (i.e.: employee withholdings, employer FICA, FUTA, etc.).
• Understand the calculation of workers' compensation premiums and related posting to the general ledger.
• Identify the impact of the Payroll module on other Solomon modules.
• Create and transmit the direct deposit file.
• Troubleshoot and correct operator input errors including incorrect timesheet entries (too many or too few hours).
• Calculate and adjust W-2 wage and tax amounts.

Prerequisites Before reviewing this training, it is recommended that individuals have:

• General knowledge of Microsoft Windows
• Knowledge of basic navigation functions in Microsoft Dynamics SL.
• Completion of General Ledger training course required. Attendance at Accounts Payable and/or Accounts Receivable recommended.

Supported Operating Systems

Undefined

NA.

NA.