8550: Payroll in Microsoft Dynamics SL 6.5 Course Description
This two day, Microsoft Dynamics SL Payroll class provides an in-depth discussion of the payroll accounting cycle and the processes required to track payroll deductions and produce checks for employees. This course shows you how to define flexible setup options to accommodate individual employee needs, different pay periods, unlimited pay groups, earnings types, deductions, work locations, benefits, departments, and tax tables to manage the calculation process. We discuss how to maintain earnings and deductions on a monthly, quarterly, and yearly basis. You learn to prepare accurate reports that meet federal regulations by importing tax tables to quickly update your database with the latest federal and state changes. You gain an understanding of how and where information is stored by calendar month, quarter, and year, so you can prepare precise and timely government reports.
We explain how to process timesheets at a pay group level, using both manual and automated check printing to pay employees, and how to print checks by department to facilitate efficient distribution.
Intended Audience for the 8550: Payroll in Microsoft Dynamics SL 6.5 Course- Payroll training is recommended for anyone who plans to implement, use, maintain, consult, or support Microsoft Dynamics SL. The class is targeted toward data entry clerks, administrators, office managers, CEO's, and consultants who need to understand the technical aspects of Payroll and gain foundational knowledge of the application functionality.
- Before attending this course, students must have general knowledge of Microsoft Windows, basic navigation functions in Microsoft Dynamics SL and completion of General Ledger training course required. Attendance at Accounts Payable and/or Accounts Receivable recommended.
8550: Payroll in Microsoft Dynamics SL 6.5 Course Objectives
- 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 Microsoft Dynamics SL 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 Microsoft Dynamics SL 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.
Recommended Prerequisites for the 8550: Payroll in Microsoft Dynamics SL 6.5 course
8550: Payroll in Microsoft Dynamics SL 6.5 Course Outline
- Active Overview
- Transaction Flowchart
- Payroll Cycle Overview
- Employee Overview
- Processing Overview
- Payroll Maintenance Overview
- Pay Groups
- Procedures for maintaining Pay Groups
- Pay Group Maintenance
- Tax Tables
- Procedures for loading tax tables
- Load Payroll Tax Tables
- Update existing tax tables
- Payroll Table Maintenance
- Payroll Table History
- Deduction Maintenance
- Procedures for maintaining deductions
- Deduction Maintenance window
- Deduction History
- Deduction Types report
- Earnings Types
- Procedures for maintaining Earnings Types
- Earnings Type Maintenance
- Earnings Type Report
- Work Locations
- Procedures for maintaining Work Locations
- Work Location Maintenance
- Work Location Report
- Workers' Compensation
- Procedures for setting up and processing Workers' Compensation Premiums
- PR Setup window
- Workers' Compensation Maintenance
- Workers' Compensation Reports
- Employee Maintenance
- Procedures for Maintaining Employees
- Employee Maintenance Window
- Employees Report
- Employee History
- Earnings and Deductions report
- Deduction Register Report
- Timesheet Entry
- Procedures for entering timesheets
- Timesheet Entry Windows
- Timesheet Entry Windows and Employee Pay Types
- Time Entry Reports
- Correcting Timesheet Entries
- Payroll Calculation
- Procedures for calculating and processing payroll checks
- Calculating Payroll Checks
- Review/Edit Check window
- Check Preview - Earnings & Deductions
- Check Printing and Processing
- Printing checks
- PR Check Update
- Printing Direct Deposit Advice Slips
- Check Register Report
- Check History Report
- Manual Checks
- Procedures for entering manual payroll checks
- Manual Check Entry
- Net Checks
- Procedures for entering Net Checks
- Net Check Entry window
- Liability Vouchering
- Procedures for creating payroll liability vouchers
- Set up Liability Vouchering
- Create Liability Vouchers/Adjustments window
- PR Liability Vouchering reports
- Processing Workers' Compensation Premiums
- Procedures for processing Workers' Compensation Premiums
- Generate Workers' Compensation Premiums
- Workers' Compensation Report
- Void Checks
- Procedures for Voiding Checks
- Void Check Entry
- Check Reconciliation
- Procedures to Reconcile Checks
- Check Reconciliation Window
- Check Reconciliation Report
- Month, Quarter, and Year End Procedures
- Month, Quarter, and Year End Procedures
- Procedures for Processing the 941 Quarterly Report
- Procedures for Unemployment Tax Worksheet
- Closing Window
- Closing Checklist
- W-2 Processing
- Procedures for processing W-2&'s
- W-2 Calculation
- Employee W-2 History window
- W-2 Forms
- W-2 Magnetic Media Generation
- Maintaining Direct Deposit
- Direct Deposit (DD) Setup
- Procedures for Entering Direct Deposit Information
- ACH Header/Trailer
- PreNote Process
- Processing Direct Deposit
- Procedures for Processing Direct Deposit
- Maintaining Benefits
- Procedures for Maintaining Benefits
- Benefit Class Maintenance
- Benefit Maintenance window
- Employee Maintenance - Benefits Tab
- Benefit Usage Earnings Type
- Calculating Benefits
- Benefit Usage
- Benefit Reports
- Calculation of Benefit Accrual and Liability
Benefits of taking the 8550: Payroll in Microsoft Dynamics SL 6.5 course at NetCom
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Why choose Microsoft Dynamics Training at NetCom Learning?
As a recognition for training excellence, NetCom Learning was chosen by Microsoft as the 2007 Worldwide Learning Solutions Partner of the year out of 1400 training companies. In addition, we have won numerous other training awards for quality and customer satisfaction by CompTIA, EC-Council and other vendors. We are simply passionate about learning and achieving the highest customer satisfaction in your learning experience!
See the training value proposition below:
NetCom Information Technology is a Microsoft Gold Certified Partner for Learning Solutions (CPLS). CPLS is the premier training channel and delivery mechanism for Microsoft Dynamics training content. On July 11, NetCom was honored by Microsoft as its Learning Solutions Partner of the Year. Selected as the Number One CPLS, from over 1400 worldwide CPLS's, Microsoft recognized our commitment and ability to deliver high-quality learning services using a consultative engagement model. We could not have achieved this coveted status without the help and support of our customers and well wishers - thank you!!
Microsoft Certified Partner for Learning Solutions Value Proposition:
| Microsoft Certified Partner for Learning Solutions | Non-authorized Training Center |
| Only MCT (Microsoft Certified Trainers) are authorized to teach the class | Non MCT can teach the course |
| Taught using Microsoft Authorized Courseware (MOC), includes free evaluation software and online training | Do not have access to official courseware |
| Partners adhere to stringent Microsoft designated lab requirements | Computer and lab equipment may not be up to requirements of course |
| Successful candidates are awarded Certificate of Completion directly from Microsoft for most of the courses | Not authorized to issue Certificate of Completion |
| Overall, a better quality training experience | Substandard training experience |
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NetCom provides Authorized Training
NetCom Learning is a Microsoft Gold Certified Partner for Learning Solutions (CPLS), Cisco Learning Partner, CompTIA Platinum Partner, EC-Council Accredited Training Center, Adobe Authorized Training Center, Autodesk Authorized Training Center and many others. We are proud to offer the highest quality, authorized training solutions from our many partners for our customers.
See our comprehensive list of partner authorizations.
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Award winning, world-class Instructors
- Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. - Over 9 years of experience as a Master Certified Trainer. Expert in MS Dynamics GP Financials, Installation, HR/Payroll, Project Accounting, Inventory and Integration Manager. - Project Manager to various MS Dynamics Great Plains implementations.
Bio:
Ginger holds a Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. Her career started as an Auditor for Deloitte & Touché and over the years she developed her passion for Microsoft Dynamics, implementing Dynamics GP and Project Cost in the Professional Services, Commercial Real Estate and Medical Facilities vertical markets.
Ginger's experience with Microsoft Dynamics is unparalleled. As a Certified Master Dynamics trainer, she stays abreast of the latest Dynamics modules and shares experience with a very hands-on training technique at NetCom Learning.
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- Designs and architects Microsoft IT solutions since the early 1990s. - Hands-on experience in multiple Microsoft Dynamics products including CRM, GP, SL, AX and NAV since 2004. - Taught over 250 courses at NetCom Learning.
Bio:
Ignacio is a Senior Solutions Architect, Civil Engineer and Certified Expert Trainer. He has been designing and architecting Microsoft IT solutions since the early 1990s, and has extensive experience developing scalable and high performance integration solutions. In 2004, Ignacio expanded into business management and accounting software as well, where he gained hands-on experience in many Microsoft Dynamics products including CRM, GP, SL, AX and NAV.
Ignacio holds a library of industry-wide certifications from Microsoft and other leading IT vendors. He has taught over 250 courses at NetCom Learning and is revered by students for his wide-ranging IT expertise.
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- Over 25 years of experience working as Senior Financial Analyst and Senior Auditor. - Professor of Graduate Management and Business School at the University of Phoenix since 2007. - Microsoft Certifications in Financials, Trade & Logistics, Production and Human Resources Management as well as Microsoft Certified Trainer (MCT) since 2009.
Bio:
Lynn is a very accomplished Senior Financial Analyst and Senior Auditor with over 25 years of experience. She has been a Microsoft Certified Trainer since 2009 and a Professor of Graduate Management and Business School at University of Phoenix since 2007. In addition to several other Microsoft certifications, she is also a specialist in Microsoft Dynamics AX.
Lynn has taught several Microsoft Dynamics AX courses at NetCom Learning and is described by her students as very knowledgeable, qualified, and patient with her approach. Her classes are very dynamic and energetic, just as the course per se.
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Ramesh holds a Masters Degree in Computer Science with specialization in Information Security and is pursuing his Doctoral degree in IT from the University of South Australia (UniSA). He is a one of a kind trainer - he has been working in the IT field since 1995 and is an expert in C#, VB.NET, ASP.NET, Java/J2EE, PL/SQL, VB, ASP, and XML technologies. Ramesh also has extensive experience developing and implementing BizTalk and SharePoint in large corporations, as well as more than 10 years experience working with Oracle and SQL server/Sybase databases.
With more than 19 certifications, Ramesh is an IT guru and trainer with worldwide experience, which includes presentations and trainings across US, Asia, and Middle East. He is a full time instructor at NetCom Learning and we couldn't be happier in having him as one of our Subject Matter Experts.
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Actual Client Testimonials
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May 21 2012 |
The lecturer is quite personable and is quite helpful with making sure we understand the material we have covered. He is also quite knowledge in the subject area.
This training has cleaned up a lot of areas that I have been having issues with in my work environment and I will surely be able to put a lot of it in to practice.
-Candice C.
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May 21 2012 |
Good course. Good service. Good instructor.
-Raman T.
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May 21 2012 |
The instructor did an incredible job of presenting.
-Kelly D.
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May 21 2012 |
The class provided the background I will need to build upon upcoming responsibilities. Satisfactory on all counts.
-John B.
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May 21 2012 |
Stan is an excellent instructor. He made the course very informative and kept it interesting.
Sebastian S.
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May 21 2012 |
Classes were awesome! Our teacher, Mr. Smith, was entertaining and kept us motivated.
-Lily L.
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May 07 2012 |
It was a good experience. It will help me in my new position loading the CRM practices.
-Adolfo R.
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Mar 12 2012 |
Ramesh our instructor was amazing. He has been the second amazing instructor through you guys!!! Nice, Knowledgeable and fun.
-Kyle P.
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Awards won by NetCom
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