Course Title: Manage payroll
Part B: Course Detail
Teaching Period: Term2 2014
Course Code: ACCT5270C
Course Title: Manage payroll
School: 650T TAFE Business
Campus: City Campus
Program: C5221 - Diploma of Business Administration
Course Contact : Sylvia Baroutis
Course Contact Phone: 03 9925 5469
Course Contact Email:sylvia.baroutis@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Nominal Hours: 30
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
None
Course Description
This unit describes the performance outcomes, skills and knowledge required to establish and monitor security procedures for managing organisational payroll services and to calculate and process salary payments, group taxation and related payments.
No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBFIM502A Manage payroll |
Element: |
1. Establish procedures for the management of payroll |
Performance Criteria: |
1.1. Establish security procedures that ensure the confidentiality and security of payroll information |
Element: |
2. Prepare payroll data |
Performance Criteria: |
2.1. Use nominated industrial awards, contracts and government legislation to calculate gross pay and annual salaries |
Element: |
3. Authorise payment of salaries |
Performance Criteria: |
3.1. Check payroll, and authorise salaries and wages for payment in accordance with organisational policy and procedures |
Element: |
4. Administer salary records |
Performance Criteria: |
4.1. Process declaration forms for new and existing employees in accordance with Australian Taxation Office requirements |
Learning Outcomes
Details of Learning Activities
Learning activities will include class and group discussions, exercises and ’hands-on’ computer activities in relation to MYOB and payroll management.
Teaching Schedule
| Week | Content | Assessment |
|
1 7 July |
Introduction to course |
|
|
2 14 July |
Setting up payroll Payroll procedures Class discussion Activity - Unit 3 - Student textbook |
Potfolio assessment |
|
3 21 July |
Setting up Superannuation Funds Class discussion Activity - Unit 3 - Student textbook |
Potfolio assessment |
|
4 28 July |
Completion of setup of employees Class discussion Activity - Unit 3 - Student textbook |
Potfolio assessment |
|
5 4 August |
Processing payroll data Class discussion Activity - Unit 4 - Student textbook |
Potfolio assessment |
|
6 11 August |
PAYG Withholding Taxes |
Potfolio assessment |
|
7 18 August |
Payroll procedures Class discussion Activity - Unit 5 Student textbook |
Assessment 1 Portfolio due |
|
8 25 August
|
Employer/employee obligations NOTE 1-5 September is Mid-semester break |
|
|
9 8 September |
Timesheets
|
|
|
10 15 September |
Other payroll issues |
|
|
11 22 September |
Payroll exercise | Assessment 2 Consolidation Exercise |
|
12 29 September |
Revision | |
|
13 6 October |
Practical Placement (TO BE CONFIRMED) | |
|
14 13 October |
Practical Placement (TO BE CONFIRMED) | |
|
15 20 October |
Applying your skills/knowledge | Final Assessment |
|
16 27 October |
Resits |
Learning Resources
Prescribed Texts
A Step by Step Approach to Manage Payroll MYOB AccountRight Plus v19, Brown, M, Software Publications Pty Ltd |
References
Other Resources
RMIT Library
myRMIT Studies
Overview of Assessment
Assessment may incorporate a variety of methods including in-class exercises, problem-solving exercises, assignments, group or individual projects, presentations and written or practical tests, as well as homework activities.
Other activities may be workplace-based or simulated work practices. These may include the production of technical requirements documents, direct observation of workplace practices and the presentation of a portfolio of evidence. This portfolio may include documents, photographs, video and/or audio files.
Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.
Assessment Tasks
Assessments are based on the prescribed text - A Step by Step Approach to Manage Payroll MYOB AccountRight Plus v19, Brown, M. Software Publications Pty Ltd, Sydney.
Assessment 1 - Portfolio of Evidence (Due weekly)
Students should complete set exercises as set out in the Teaching Schedule. These should be shown to your teacher in class on a weekly basis who will provide ongoing feedback. You should collate the exercises in a ’Portfolio of Evidence’.
Assessment 2 - In class Consolidation Exercise (Due Week 12)
This assessment will be held in a supervised class setting. It will be an ’open book’ case-study assessment on a range of payroll topics when you will demonstrate your competency in the elements using the computer package MYOB.
Assessment 3 - Final Assessment (Due Week 15)
This assessment will be held in a supervised class setting. It will be an ’open-book’ case study assessment on a range of payroll topics when you will demonstrate your competency in the elements using the computer package MYOB.
Students must pass all assessments to be competent in this course.
Submission Requirements
Assessment tasks need to be submitted via MyRMIT (BLACKBOARD) or hard copy, if required.
Late Submission Procedures
You are required to submit assessment items and/or ensure performance based assessment is completed by the due dates.
If you are prevented from submitting an assessment item on time, by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days.
More information: http://www.rmit.edu.au/students/assessment/extension
Form to use: http://mams.rmit.edu.au/seca86tti4g4z.pdf
Where an extension of greater than seven days is needed, you must apply for special consideration. Applications for special consideration must be submitted no later than two working days after the assessment task deadline or schedule examination.
More information: http://www.rmit.edu.au/browe:ID=g43abm17hc9w
Form to use: http://mams.rmit.edu.au/8a5dgcaqvaes1.pdf
Resubmissions
If you are found to be Not Yet Competent in a Course Assessment Task you will be allowed one submission only. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the submission. The highest grade you will receive if your resubmission is successful is “CAG”.
If you are still not meeting the assessment requirements you must apply to your Program Manager in writing outlining the steps you will take to demonstrate competence in your course. Your submission will be considered by the Program Team and you will be advised of the outcome as soon as possible.
Adjustments to Assessment
In certain circumstances students may be eligible for an assessment adjustment. For more information about the circumstances under which the assessment arrangements might be granted please access the following website:
More information: http://rmit.edu.au/browe:ID=7usdbki1fjf31
You should:
• Ensure that your submit assessments on or before the due date. If your performance in the assessment is affected by unexpected circumstances, you should consider applying for Special Consideration. Information on the process and application forms are available through myRMIT and links in the Student Diary.
• Always retain a copy of your assessment tasks (hard copy and soft copy)
• When you submit work for assessment at RMIT University you need to use a cover sheet that includes a declaration and statement of authorship. You must complete, sign and submit a cover sheet with all work you submit for assessment, whether individual or group work. On the cover sheet you declare that the work you are presenting for assessment is your own work. An assignment cover sheet for submission of work assessment is available on Blackboard.
• Each page of your assessment should include footer with your name, student number, the title of the assessment, unit code and tile and page numbers.
Special Consideration
Special Consideration is a process that enables the University to take account of unexpected circumstances such as illness, injury or bereavement that affect a student’s performance in assessment. Forms are available from
http://www.rmit.edu.au/students/forms.
Further information can be accessed from
http://www.rmit.edu.au/students/specialconsideration
Variations to Assessment
A change will not be made to the form or forms of assessment as detailed in the Course Guide unless:
1. the students enrolled in that course have received notice in writing of the proposed change; and
2. the change is approved by the Head of School and not less than 70% of the students enrolled in that course.
Appealing Assessment
You are entitled to appeal assessment results. Refer to RMIT Policy - Appeal Against Assessment Result available at http://www.rmit.edu.au/governance/policies in the Teaching and learning Policy area.
Students are required to attempt all assessments and be rated as competent against all performance criteria to pass the course.
Recognition of Prior Learning and Credit Transfer
RMIT University recognises nationally accredited or endorsed qualifications and statement of attainment issued to the student by other Registered Training Organisations (RTO’s). Also, RMIT provides credit for work experience or other forms of life experience that match the learning outcomes/competencies of RMIT courses. You must provide evidence that is current, relevant, valid and verifiable that your experience matches the learning outcomes/competencies of the relevant course for which you are seeking credit. This evidence may include formal qualifications (certificates etc); work samples, references; documents, etc. Please speak to your teacher before applying.
To apply, you should obtain an RPL Information Sheet. Forms are available on the RMIT website at http://www.rmit.edu.au/student-records/studentforms. You should complete the appropriate form (RPL and/or Credit Transfer), attach the relevant supporting documentation and submit the form to your facilitator for this unit.
Marking Guide (competency):
Vocational Education and Training (VET) is based on current industry needs and the focus on preparing you for the workplace. Because VET courses are informed by practical application of knowledge and skills, they are based on a system known as ’competency based training’ (CBT). So when you are assessed in VET it is about whether you are competent to do the job, as well as having a firm grasp on the knowledge and skills required to do that job, as opposed to traditional curriculum based education settings that are often based on knowledge retention. You need to demonstrate you are competent in each element of the unit of competency you are studying. You will receive feedback on each assessment task that will inform you whether you are competent or not and how well you are performing. Once competent in all elements of the unit you receive a competency grading.
Marking Guide (Grading)
Each assessment task is marked as Competent or Not Yet Competent but not graded until achieving competency across the assessment tasks. We then grade your performance in the unit; this gives you the opportunity to have the level of your performance formally recognized against industry standards and employability skills.
The grading is according to the following criteria:
1. Level of independence, initiative, enterprise and performance of work task
We are looking for a high level of ability to complete all tasks independently as per the specifications as well as demonstrating a high level of initiative in your approach to managing payroll.
2. Demonstrated breadth of underpinning knowledge and a willingness to continue learning
We are looking for depth of understanding of the key concepts and knowledge required in managing payroll. You should be able to demonstrate a thorough understanding of all applicable principles for managing payroll in all the assessment tasks.
3. Techniques & processes, technology skills and problem solving
We are looking for appropriate use of technology to assist in managing payroll. You also need to show an understanding of the kinds of problems that can arise in managing payroll in a workplace with people and how these might be addressed.
4. Work organisation, planning and self management
We expect to see ongoing demonstration of an ability to plan your time (both in and outside of class) in order to produce the required work, together with timely submission of all required assessment tasks.
5. Communication, people networking, language and interpersonal skills and teamwork
We expect to see contributions to relevant class discussions and/or group discussions.
FINAL GRADES TABLE:
CHD Competent with High Distinction
CDI Competent with Distinction
CC Competent with Credit
CAG Competency Achieved - Graded
NYC Not Yet Competent
DNS Did Not Submit for Assessment
Assessment Matrix
| 1. Establish procedures for the management of payroll | 2. Prepare payroll data | 3. Authorise payment of salaries | Administer salary records | Underpinning skills | Underpinning knowledge |
| Assessment 1 - Portfolio | X | X | X | X | X |
| Assessment 2 - In class Revision | X | X | X | X | X |
| Assessment 3 - Final Assessment | X | X | X | X | X |
REQUIRED SKILLS AND KNOWLEDGE
This section describes the skills and knowledge required for this unit.
Required skills
• communication skills to answer enquiries, and to explain and resolve discrepancies with employees
• literacy skills to follow complex financial procedures and to follow and write detailed instructions
• numeracy skills to:
• use financial formulae
• calculate gross and net pay
• compare differing rates of pay over a given time span of the same nature
• prepare cash analysis sheets
• reconcile figures and rectify anomalies to ensure accuracy.
Required knowledge
• key provisions of relevant legislation from all forms of government, standards, regulations and codes that may affect aspects of business operations, such as:
• Australian Taxation Office regulations
• anti-discrimination legislation
• ethical principles
• codes of practice
• financial legislation
• privacy laws
• relevant industrial awards
• other relevant government and statutory bodies in relation to payroll
• Superannuation Guarantee (Administration) Act and superannuation regulations
• organisational policies and procedures across the full range of tasks required payroll processes.
Course Overview: Access Course Overview