Start date: 27 March 2025
Duration: 12 weeks - 27th March to 12th June. One lecture each Thursday 6:30pm - 9:30pm
Location: Online
Certificate: Professional Diploma from UCD
Cost: €890
Course code: N/A
Programme overview
Delivered through the UCD Professional Academy, kickstart your new career in the finance department! Learn hands-on bookkeeping and payroll skills and see how sound financial management can support decision-making in small and medium-sized businesses. Discover the essential concepts, terminology, and legislation that frame this mission-critical role.
Discover the vital financial tasks that support every business: bookkeeping and payroll. Master essential bookkeeping practices, understand & create financial statements, and payroll management.
To survive and thrive, a business requires accurate financial records and compliant employee remuneration. You will discover how these two elements are managed within the relevant Irish legal and tax frameworks. On the bookkeeping side, you will understand how to manage ledgers, balances, and statements (for example, financial and cash flow statements). On the payroll side, you will learn about PAYE, calculating tax credits, and setting up new employees.
Learning Outcomes
On completion of the training programme, participants will:
Bookkeeping: Double Entry
Bookeeping: Financial Statements
Bookkeeping: Financial Statements & Statements of Cash Flow
Bookkeeping: Financial Reporting & Computerised Finance Systems
Bookkeeping: The Finance Function of an Organisation
Payroll: Introduction
Payroll: The Payroll Process
Payroll: Computerised Payroll using Thesarus Software
Payroll: Entering Employee Information
Payroll: Computerised Payroll Process – Reports & Backup
Who Is This Course For?
An introductory programme designed to support trainees in understanding basic Bookkeeping and Payroll
Modules
Bookkeeping: Introduction
- Basic concepts
- Terminology
- Source documents
- Day books/books of prime entry
Bookkeeping: Double Entry
- Double entry concepts
- Ledgers and closing balances
- Ledgers balances to trial balance
Bookeeping: Financial Statements
- Introduction to financial statements
- Trial balance to financial statements
- Financial statements – explanation and interpretation
Bookkeeping: Financial Statements & Statements of Cash Flow
- Financial reporting framework
- Cash flow statements
- The importance of cash
Bookkeeping: Financial Reporting & Computerised Finance Systems
- Financial reporting systems
- Financial reporting using Sage 50
- Outputs: reports, downloads, etc.
Bookkeeping: The Finance Function of an Organisation
- The finance function of an organisation
- Strategic financial management
- Sources of finance
Payroll: Introduction
- Introduction to the payroll process
- Payroll terminology and legislation
- Employment contracts
Payroll: The Payroll Process
- PAYE: tax credits and SRCOP
- PRSI and USC
- PAYE modernisation
Payroll: Computerised Payroll using Thesarus Software
- Introduction to computerised payroll
- Installation process
- Reporting and PAYE modernisation
Payroll: Entering Employee Information
- Setting up a company
- Setting up employees
- Tax, USC, and PRSI details
Payroll: Entering Employee Information
- Entering employee timesheets (weeks 1 – 2)
- Entering employee timesheets (weeks 3 – 4)
- Entering employee timesheets
- Payslips
Payroll: Computerised Payroll Process – Reports & Backup
- Entering employee timesheets (weeks 5 – 8)
- Gross to net report
- Earnings, tax and PRSI
- Backup and security