BSBFIM502

Upon successful completion of this unit, you will:

  • document steps undertaken to establish payroll system
  • use data and calculations to reconcile salaries, wages and deductions in accordance with all legislative and organisational requirements
  • create accurate payroll management records

Demonstrate knowledge of:

  • key provisions of relevant legislation, standards, regulations and codes of practice that may affect aspects of payroll operations
  • organisational policies and procedures across the full range of tasks for the required payroll processes