What Can You Get From Accounting Courses and Payroll Training?

Have you always been a numbers person? Are you obsessed with the business world? Now is a good time to turn your natural interests and talents into a fulfilling, long-lasting career in accounting and payroll administration.In Canada, one and a half million employers who count on payroll professionals to annually pay $730 billion in wages, $230 million in statutory remittances, and over $80 billion in health and retirement benefits, all while complying with more than 185 federal and provincial legislative requirements. Professional payroll administration, obviously, is essential, and there is a consistently high demand for well-trained accounting and payroll administrators.Accounting courses and payroll training provide students with an understanding of manual and computerized accounting payroll systems and the ability to apply this knowledge to business situations. The best accounting courses will combine classroom theory with practical hands-on experience, helping students develop the confidence and experience needed for a career in accounting and payroll administration. Most payroll training programs will also focus on developing expert knowledge in computer applications and software programs needed to excel in the business world today. Leadership and management skills are often emphasized as well, ensuring that students are prepared to lead teams of employees and make difficult decisions.A typical account course will cover all aspects of the accounting and payroll profession, including the fundamentals in

MS Windows, Word, Excel, PowerPoint and Access
Outlook and Email
Simply Accounting
QuickBooks
ACCPAC
Bookkeeping and Accounting
Employment Achievement
Payroll – Level 1
Payroll – Level 2
Financial Analysis and Control
Accounting courses and payroll training can help graduates find very high paying, and also very demanding and rewarding careers. Typically, accounting and payroll day-today-job duties can involve:

Overseeing and coordinating office administrative procedures and reviewing, evaluating and implementing new procedures
Establishing work priorities, delegating work to office support staff, and ensuring deadlines are met and procedures are followed
Administering policies and procedures related to the release of records in processing requests under government access to information and privacy legislation
Coordinating and planning office services, such as accommodation, relocations, equipment, supplies, forms, disposal of assets, parking, maintenance and security services
Assisting in the preparation of operating budgets and maintaining inventory and budgetary controls
Assembling data and preparing periodic and special reports, manuals and correspondence
As you can see, accounting and payroll job duties encompass a wide range of business office activities, with a mix of management and straight accounting tasks. The responsibility is large, but so to is the reward.

The Benefits of Payroll Debit Cards for Unbanked Employees

Today’s tough economy has led to financial institutions raising their requirements for new clients and lowering the interest from poor credit consumers. Banks review checking and savings account applications based on credit, not just banking history. With the rising cost in bank fees, more unbanked and underbanked employees are avoiding banks and living on a cash-only basis. But how does an unbanked employee receive a paycheck?More employers are turning to the use of payroll debit cards versus the traditional paper paycheck. Payroll debit cards are flexible, convenient, and the most cost-effective payment method in the long run for employers as well as employees.Direct Deposit without a Bank
Unbanked employees or those who have been denied a checking account can enjoy the benefits of direct deposit while using payroll cards. Since payroll cards act like a reloadable debit card, employees can use their card to make direct purchases or withdrawals from their paycheck-without ever opening a bank account. The payroll debit card is set up through employers, which means employees do not have to worry about being denied due to poor credit.Saving Time and Money for the Employee
Employees who do not have bank accounts spend countless hours visiting check cashing centers and waiting in line to cash their checks. Not only does this cost money by wasting time, but then the employee pays a check cashing fee anywhere from two to ten percent on the total cashed. If the employee had a bank account, he would have to worry about overdraft fees and fines associated with his bank account. Payroll debit cards, on the other hand, have no overdraft fees, no monthly fees, and no check cashing charges for the employee to worry about-which puts more money in his pocket each pay period.Saving Time and Money for the Employer
Employers can take advantage of numerous benefits associated with payroll cards as well. One of the biggest advantages is that employers can avoid the hassles of creating and distributing traditional paper checks. Not only does this cost money in materials and resources, but it takes time to process the payroll checks. Companies looking to go green are opting for payroll debit cards versus issuing paychecks as well. Payroll debit cards are acceptable by all employees, regardless of their bank account status.The biggest benefit of payroll debit cards is that employees have instant access to their money. They no longer have to wait the standard three to five business days for checks to clear, find a branch of a bank their employer banks with, or wait overnight for direct deposits to be processed. Instead, the money is available instantly. Employers consider this an advantage as well when it comes to balancing their ledger. Since paper checks take time to cash and display on the employer’s account, his bank reconciliation can be off for days-if not weeks. With payroll cards, an employer’s bank account is up-to-date and reflects the current funds for the company.There really are no disadvantages to using a payroll debit card for employers and employees. Everyone saves time and money, and the convenience and flexibility of payroll debit cards can’t be matched by the old way of paying employees.