TriVersita Business School
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ICB Subject: Payroll and Monthly SARS Returns

Course overview

This course is a foundation level course and forms part of the ICB Financial Accounting Programme. This course equips students in the practices of the payroll function as well as the ethical considerations of a tax practitioner in private practice. Students that enrol for this course with the view of registering as a tax practitioner in private practice must complete the full ICB National Diploma: Technical Financial Accounting (SAQA ID: 36213) and register as a member with the South African Institute of Tax Practitioners (SAIT).

Course Code 

ICB-PMSR

What you will learn

  • Basic bookkeeping and VAT
  • Plan, organise, implement, monitor and work within the payroll environment
  • Record and validate input variations on employee records
  • Basic conditions of employment
  • Statutory registrations
  • Complete PAYE documents
  • Accounting for payroll
  • Computerised payroll
  • Monthly SARS returns and eFiling
  • Ethics and the registered Tax Practitioner

What you will be able to do

  • Calculate gross wages and salaries from time records or a productivity
  • Make and record the correct deductions and calculate net wages and salaries
  • Complete payslips, PAYE documents and other forms, showing Income Tax deductions
  • Disburse money for wages according to organisational requirements
  • Complete IRP 5 forms and documentation for the Receiver of Revenue according to legislative requirements

How tuition will be delivered

This is a distance learning course.

How long you will study

This course can be completed in 3 months.

To enter the programme you need

  • Grade 10 (Std 8) or equivalent
  • No prior accounting knowledge needed
  • You must be at least 16 years of age

What materials you will receive

The course fees include all study materials and postage expenses. Study materials include a textbook, study and solutions guide and a free USB drive containing videos and solutions playlists. The programme fee excludes ICB registration and assessment fees.

How much it will cost

Click here for to view our course fees or contact our student centre for information about our course fees or any further information about this programme.

How you will be assessed

This course is assessed by the ICB and involves three formative activities (assignments), two formative evaluations (tests) during your studies and one summative assessment (final examination) at the end of your studies. The assignments and tests are included in your Portfolio of Evidence (PoE) and counts 30% towards your final mark. You will hand in your PoE on the day you write your final examination. The final examination is written at an ICB assessment centre which is nearest to you and counts 70% towards your final mark. Final examinations are conducted quarterly in February, May, August and November for distance learning students.

Accreditation

This course is endorsed by the Institute of Certified Bookkeepers ICB). Triversita (ICB provider accreditation number 301103) is an accredited tuition provider for Institute of Certified Bookkeepers (ICB).

What certificate you will receive

Upon completion of the course you will receive a results letter from the ICB for the subjects covered. You will be issued with your qualification certificate once you completed all the subjects that make up the qualification.

How to enrol for this course

Once you completed your enrolment with Triversita, you register with the ICB as a student member (if you are a first time ICB student) and enter for assessment for the ICB programme and subjects you wish to be assessed on. You can do this online on the ICB website or download and complete the learner registration and assessment entry form available on www.icb.org.za for this subject and submit it along with the correct assessment fee to the ICB, showing the date you want to sit the assessment. You will receive an email from the ICB to confirm your assessment entry. Triversita will assist you with the process.

How you can further your career

This skills programme forms part of the following national qualifications.

  • National Certificate: Bookkeeping NQF L3 (SAQA ID: 58375)

Once you completed this course you may elect to
continue your studies and complete the
qualification.