FNSBKPG405A Establish and maintain a payroll system Third Party Third Party Self- Evidence Performance Criteria Element Interview Observations Evidence Evaluation Individual All units Units 1.1 Payroll system is checked and set up if necessary to 1. Record payroll 1,2 1,2 1 10 1 ensure that employee data is included data 1.2 Payroll data is checked and discrepancies are clarified 1,2,8 1,2 1 10 1,2 with designated person/s 1.3 Employee pay period details, deductions and allowances are entered in payroll system in accordance with source 1,2,3,4 1,2 1,2 10 1,2 data 1.4 Payment due to individual employees is calculated to reflect standard pay and variations in accordance with 1,2,3,4 1,2 1,2 10 1,2 employee source data 2.1 Payroll is prepared within designated timelines in 2. Prepare payroll 1,2,3 1,2 1,2 1,10 1,2 accordance with organisational policies and procedures 2.2 Employee entitlements are calculated, recorded and 1,2,3,4 1,2 2,3 10 1,2 reconciled in accordance with legislative requirements 2.3 Total payments for pay period are reconciled, and irregularities are checked and corrected, or referred to 1,2,3 1,2 1,2,3 10 1,2 designated person/s for resolution 2.4 Arrangements for payment are made in accordance with 1,2,3 1,2 1,2,3 10 1,2 organisational and individual requirements 2.5 Authorisation of payroll and individual pay advice is 5 1,2 1,2,3,4 10 1,2 obtained in accordance with organisational requirements 2.6 Payroll records are produced, checked and stored in accordance with organisational policy and security 3,4,5 1,2 4 10 1,2 procedures 2.7 Security procedures records are followed 7 1,2 7 10 5
FNSBKPG405A Establish and maintain a payroll system Element Performance Criteria Self- Evaluation Interview Observations Third Party Evidence All units Third Party Evidence Individual Units 1. Record payroll data 1.1 Payroll system is checked and set up if necessary to ensure that employee data is included 1,2 1,2 1 10 1 1.2 Payroll data is checked and discrepancies are clarified with designated person/s 1,2,8 1,2 1 10 1,2 1.3 Employee pay period details, deductions and allowances are entered in payroll system in accordance with source data 1,2,3,4 1,2 1,2 10 1,2 1.4 Payment due to individual employees is calculated to reflect standard pay and variations in accordance with employee source data 1,2,3,4 1,2 1,2 10 1,2 2. Prepare payroll 2.1 Payroll is prepared within designated timelines in accordance with organisational policies and procedures 1,2,3 1,2 1,2 1,10 1,2 2.2 Employee entitlements are calculated, recorded and reconciled in accordance with legislative requirements 1,2,3,4 1,2 2,3 10 1,2 2.3 Total payments for pay period are reconciled, and irregularities are checked and corrected, or referred to designated person/s for resolution 1,2,3 1,2 1,2,3 10 1,2 2.4 Arrangements for payment are made in accordance with organisational and individual requirements 1,2,3 1,2 1,2,3 10 1,2 2.5 Authorisation of payroll and individual pay advice is obtained in accordance with organisational requirements 5 1,2 1,2,3,4 10 1,2 2.6 Payroll records are produced, checked and stored in accordance with organisational policy and security procedures 3,4,5 1,2 4 10 1,2 2.7 Security procedures records are followed 7 1,2 7 10 5
BOS1209_Cert%20IV%20Finance%20RPL.docx