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MIP Fund Accounting Product Knowledge – Payroll Direct Deposit Management
MIP Cloud Product Knowledge – Payroll Administration and Management
MIP Cloud Product Knowledge – Payroll Direct Deposit Management
MIP Fund Accounting Product Knowledge – Payroll Administration and Management
MIP Fund Accounting Product Knowledge – Payroll Direct Deposit Management
MIP Fund Accounting Product Knowledge – Payroll W-2 Administrator
MIP Cloud Product Knowledge – Payroll Administration and Management
MIP Cloud Product Knowledge – Payroll Direct Deposit Management
MIPC246 – MIP Cloud Payroll Processing
Course Level: Basic
Prerequisites: Payroll Setup
Instructional Method: Group Internet Based
Recommended CPE Credits: 3
Three-Hour Class
Published: 12/15/2022
This course picks up where the Payroll Setup course left off, completing the payroll cycle. Payroll Processing covers creating a default timesheet, the procedures for entering and adjusting employee regular and supplemental timesheets, calculating, and reviewing payrolls, and printing employee checks and vouchers. You will also learn how to void checks, adjust payroll balances, and transfer payrolls to accounting. Common payroll reports are reviewed as well.
By the end of the session, you will be able to:
- Set up and use default timesheets.
- Calculate a payroll for a processing group.
- Modify calculated payroll checks.
- Print payroll checks and reprint pay stubs.
- Void payroll checks and record check spoilage.
- Enter adjustments in the Setup/Adjust Balances form.
- Distribute labor hours.
- Transfer payroll to accounting and undo the transfer to accounting.
For additional training, and to learn more about setting up payroll and distributing payments via direct deposit, attend the “MIPC245 – MIP Cloud Payroll Setup” and “MIPC247 – MIP Cloud Direct Deposit for Payroll” courses.