Task 1 – Create payroll policy & procedure. How in depth does this need to be? What are the expectations of the teachers with regards to this? Are you wanting a 5 page procedure? something simple? something complex?
I have finished this assignment except for task 1 – which I’ve sat on for over 4 months because I’m unsure what the expectations are. I may be over thinking it or under thinking it. Any guidance will be appreciated.
I would suggest you take the Policies & Procedures extract from the beginning of the assessment and expand on that.
The areas you may want to update (add an additional one or two paragraphs each) are:
Allowance Claims – how would you go about substantiating that the employee is entitled to the claim, do they need to keep a log book of their travel, submit receipts, obtain prior approval from the manager etc.
Confidentiality – details on who can access payroll info, password protection required, answering queries from third parties etc.
Timeframes & deadlines – when are super/ PAYG/ other payments due, do these payments require management approval, how is the payment made (electronically, online)
Payroll process/ segregation of duties – who prepares and who approves the payroll, are timesheets required, who authorises them etc.
Records management – where/how are documents filed, how long are they kept, who can access them
If you refer to Student Activity 1 in the manual, there are some examples of organisation’s P&P documents you can access online to give you some further guidance.
The document does not have to be very long, maybe an additional 1 or 2 pages on what’s already there.
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