Swallow, Lisa M.

English

University of Montana

University of Montana ScholarWorks at University of Montana Syllabi Course Syllabi Fall 9-1-2006 ACC 134T.01: Payroll Topics Lisa M. Swallow University of Montana - Missoula, lisa.swallow@umontana.edu Follow this and additional works at: https://scholarworks.umt.edu/syllabi Let us know how access to this document benefits you. Recommended Citation Swallow, Lisa M., "ACC 134T.01: Payroll Topics" (2006). Syllabi. 10638. https://scholarworks.umt.edu/syllabi/10638 This Syllabus is brought to you for free and open access by the Course Syllabi at ScholarWorks at University of Montana. It has been accepted for inclusion in Syllabi by an authorized administrator of ScholarWorks at University of Montana. For more information, please contact scholarworks@mso.umt.edu.                          THE UNIVERSITY OF MONTANA--MISSOULA  COLLEGE OF TECHNOLOGY BUSINESS TECHNOLOGY DEPARTMENT COURSE SYLLABUS       Course Number and Title:    ACC 134T   PAYROLL TOPICS Date Revised:     Fall 2006 Semester Credits:    3 Contact Hours Per Semester: Lab Hours Per Week:  1   Lecture Hours Per Week:  2  Prerequisites:   ACC 132T - Competency Test Score = 75+ Faculty Name and e-mail:  Lisa Swallow  lisa.swallow@umontana.edu Phone Number:   243-7810 Office Location:     AD11E Office Hours:                 T 10-12, TH 11-12, F 12-1  RELATIONSHIP TO PROGRAM:  Payroll is one of the primary modules within any computerized or manual accounting system.  Upon completion, students have a working knowledge of how to set up payroll, prepare payroll and comply with state and federal laws.  This course requires students to work extensively on computerized payroll software.  COURSE DESCRIPTION:  Payroll Topics including Federal and Montana state payroll tax law.  Includes study of workers compensation, independent contractor determination and registration, preparation of payroll, payroll tax returns and deposits, and annual information payroll returns.  Includes exposure to federal law affecting payroll such as Fair Labor Standards Act, ADA, Family Medical Leave Act, Civil Rights Act, etc. and applicable Montana state laws.  BLACKBOARD SUPPLEMENTAL: This course uses Blackboard 6.0 as an online supplement to the traditional classroom.  It is located at http://umonline.umt.edu.  Your user name is the cue1.umt.edu address assigned to you and found in CyberBear under Personal Information.  Your password is your 6-digit date of birth.  Blackboard will be used to post calendar, announcements and electronic materials.  Check it frequently. I also use the ‘calendar’ feature to keep you informed of due dates, etc.   STUDENT PERFORMANCE OUTCOMES:      1. Determine independent contractor or employee status and complete MT Contractor Registration and independent contractor exemption.     2. Compute gross payroll amounts for a variety of payroll types - piece rate, salary, commission, etc.    3. Compute all federal and state income tax withholding amounts utilizing tables.    4. Calculate net pay and disburse paychecks.    5. Prepare a payroll register and employees= earnings records.    6. Compute federal and state unemployment taxes.    7. Prepare quarterly and annual payroll tax and Workers Compensation reports.    8. Prepare payroll tax deposits in accordance with federal and Montana state law.  9. Establish employer compliance aspects of a new entity; apply for a Federal Employer Tax identification number, Social Security number, administer W-4, I-9, W-5, maintain payroll and personnel documentation in accordance with federal and Montana state law.  10. Journalize payroll transactions.  11. Complete the entire payroll process within a computerized and a manual system.    COURSE OUTLINE:  $ Legislation $ SSA $ FMLA $ HIPPA $ FLSA $ ADA $ CIVIL RIGHTS ACT  • Pay Types $ Commission $ Piece Rate $ Overtime  $ Types of Employees $ Exempt vs. nonexempt employees $ Tipped employees $ Temporary employees $ Self employed  Payroll Taxes $ FICA and capped employees $ FIT Withholdings and  SIT Withholdings $ Depositing FICA/FIT and preparing 941 $ Depositing SIT and preparing MTQ $ Calculating and depositing FUTA, preparing 940 $ Calculating SUTA  $ Preparing net paychecks in variety of situations $ Reconciling payroll $ Journalizing payroll entries $ Utilize payroll software and prepare manual payroll register $ Independent contractor vs. employees $ Contractor registration and workers compensation law $ Department of Revenue compliance issues $ Department of Labor & Industry compliance issues  PAYROLL TOPICS Page 3   HOMEWORK:  Federal Portion Reading assignments and problems from the Payroll Accounting text will be assigned each  day.  Home-work is due the class period for which it is assigned.  No late homework will be accepted.  Homework should be completed prior to class--this is imperative.  If you wait and take it off of the board when we work it together, you will not  learn it!  Homework will be collected on a random basis and will be returned to you the next class period and will either have an X (full credit), 2 X (2 credit) or a 0 (0 credit).  I grade homework according to effort and completeness, not numerical accuracy.  Your text-based homework will be collected after  we go over it together in class, so I will also consider corrections and notes on your homework as a partial evaluation of effort.  Do the homework in pencil and then correct it in pen in class.  The nature of payroll accounting is such that each new concept builds upon the previous one.  The best way to approach this class is to read the assigned pages, listen to me lecture on it and then reread it to do your homework.  Make sure to go over the summary of Self-Study Quizzes found within each chapter in the Payroll Accounting textbook.  You will also complete a manual payroll register throughout the class; it will be due towards the end of the semester.  A computerized payroll project will also be completed and due towards the end of the semester.  State Portion  You will be assigned reading from the packet, as well as various activities including completion of state employment forms and writing a memo regarding independent contractor status.  ATTENDANCE/MAKEUP TESTS:  You are expected to come to class.  Tests may not be made up unless prior arrangements are made.  You must take the makeup test the day you return to school.  Let me stress that there are no exceptions to this--if there’s a problem, call and leave a message or you have lost the chance to take that particular exam.  ACCESSIBILITY: Eligible students with disabilities will receive appropriate accommodations in this course when requested in a timely way.  Please speak with me after class or in my office.  Please be prepared to provide a letter from your DSS Coordinator (Daniel Burke 243-4424).  STUDENT PERFORMANCE ASSESSMENT METHODS AND GRADING PROCEDURES:   Homework, tests, and computerized payroll practice set will be given point values.  The total points earned will be divided by the total points available to determine the grade.  The points available are as follows:  Test I    Chapters 1-3 from text   100  Grading Scale: Test II    Chapters 4-6 from text   100  90 - 100% = A Test III       Montana Payroll Topics   100 80 -   89% = B Quizzes     Varied       10 70 -   79% = C  State Homework Montana Payroll Topics    60 60 -   69% = D  Federal Homework Weekly chapter homework from text per attached   30            59% -        = F                      Project    Computerized payroll set    50 Audit Test   Computerized payroll set   100 Payroll Register Continuing Payroll Problem - from back of Chapters 1-6   25 TOTAL POINTS AVAILABLE                 575  Plus/minus grading system will not be used! PAYROLL TOPICS Page 4   As per the University calendar, the week of December 11-15 will be finals week.    REQUIRED TEXT: 2006 PAYROLL ACCOUNTING by Bieg                     Montana Payroll Topics at Denny’s Copy Stop, 2330 South Higgins  SUPPLIES: Calculator Mechanical Pencil/Eraser  ACADEMIC MISCONDUCT:  All students must practice academic honesty.  Academic misconduct is subject to an academic penalty by the course instructor and/or a disciplinary sanction by the University. All students need to be familiar with the Student Conduct Code.  The code is available for review online at http://www.umt.edu/SA/VPSA/index.cfm/page/1321.   HOMEWORK ASSIGNMENTS FROM TEXTBOOK Chapter 1 Read entire chapter Review Questions 3, 8, 9, 10 Discussion Questions 2, 5  Chapter 2 Read entire chapter Review Questions 6, 9, 12 Discussion Questions 1, 2, 5 Practical Problems 2, 3, 6, 8, 9, 12, 14, 15, 16, 17, 18, 19 Continuing Problem  Chapter 3 Read entire chapter Review Questions 3, 4, 5, 8, 10, 12 Discussion Questions 1, 2, 4 Practical Problems 1, 2, 3, 4, 6, 10, 11, 12 (11-12 are 941s) Continuing Problem  Chapter 4 Read entire chapter Review Questions 2, 3, 6, 12, 14, 15 Discussion Question 1,5 Practical Problems 1, 2, 8, 9 Continuing Problem   Chapter 5 Read chapter Review Questions 1, 5, 6, 7, 11, 13 Practical Problems 2(a), 8, 16 Continuing Problem  Chapter 6 Read chapter Review Questions 2, 5, 6 Discussion Question 2 Practical Problems 1, 6, 7, 8     Continuing Problem  

ACC 134T.01: Payroll Topics

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ACC 134T.01: Payroll Topics

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