Diploma of Payroll Services

FNS50422 Diploma of Payroll Services is assessed under the Principles of Competency-based training, students have to demonstrate their ability to do all activities in each Unit of Competency. There are 11 Units of Competency in this course.

• FNSACC323 Perform financial calculations
• BSBTEC402 Develop and use complex spreadsheets
• FNSTPB412 Establish and maintain payroll systems
• BSBHRM526 Manage Payroll
• FNSACC411 Process business tax requirements
• FNSPAY514 Interpret and apply knowledge of industrial regulations relevant to payroll
• FNSPAY515 Interpret and apply knowledge of taxation systems relevant to payroll
• FNSPAY511 Process salary packaging arrangements and additional allowances in payroll
• FNSPAY512 Process superannuation payments in payroll
• FNSPAY513 Process complex employee terminations in payroll
• FNSINC411 Conduct work according to professional practices in the financial services industry

(Release status: Current)

MYOB Student Edition is included with this course. MYOB is used to complete 3 units - FNSPAY511 FNSPAY512, FNSPAY513.

The unit FNSTPB412 has course material and assessments in both Xero and MYOB. Students can choose which accounting software they would like to use to complete this unit.

Other units from an endorsed training package can be considered towards elective component on request.

If you have previously completed a Certificate IV in Bookkeeping or Certificate IV in Accounting (FNS40211/FNS40215/FNS40615/FNS40217/FNS40222) you may be eligible for our Upgrade Package. Email us before enrolling to assist with assessing your eligibility for a credit transfer.

You will have up to 12 months to complete FNS50422 Diploma of Payroll Services.

As an online course, the time it will take to complete is flexible and dependent on your ability, knowledge and time available.

It is expected that students may need up to 1170* hours of study and assessment time, particularly those who are new to payroll, students familiar with the learning concepts may complete the course faster. It is important that you choose a pace that suits your needs.

*Does not take into account credit transfers.

We understand that students study in different ways. For the Diploma of Payroll Services, we provide extensive learning material and resources to support you on your learning journey:

• Digital course training manuals (non-editable and non-printable) for each unit of competency
• Video tutorials for covering key learning concepts (except FNSINC411)
• Reference resources
• Case studies
• Practice exercises
• Interactive learning material

All course content, including assessments, is accessed via our online student portal.

If required, hard copy manuals can be purchased at additional cost of $300 including postage.

Except for FNSINC411, purchased separately (approx. $65 ex postage) from an external publisher, full details are provided on enrolment.

Pre-course

Before starting this course, you may be required to complete a Language, Literacy, Numeracy and Digital (LLND) skills assessment to ensure we can support you before your studies commence.

Introductory Requirement & Unit of Competency

The introductory requirement includes a Work Health and Safety Assessment.

The unit assessments are completed using a variety of methods including self-recording video role plays and are submitted online via our student portal. They are conducted open book from either your home or office, and comprise of multiple choice quizzes, short answer, and calculations.

MYOB unit assessments use MYOB Student version.

Supervised Assessments

Some units require three-hour, open-book assessments comprising short-answer and multiple-choice questions that must be independently supervised. Prior to sitting your assessment, you must complete and return the Supervisor Nomination Form to Applied Education, detailing your supervisor’s details and elected assessment date.

Assessments can be undertaken at a location and time of your choice, provided they are conducted under the supervision of an approved independent supervisor. Your nominated supervisor can be a person of responsibility such as a registered tax agent, member of an accounting professional body, public servant, doctor, nurse, police officer, director, etc., who does not have a close personal or professional relationship with you.

All assessments must be completed within your course duration period.

If you cannot arrange a supervisor, we offer the following options for conducting your supervised assessment:

Skype Online - Online supervised exam with one of our staff members
Perth Training Centre - Level 1, 524 Hay St, Perth WA 6000
Melbourne Training Centre - Level 10, 440 Collins Street, Melbourne VIC 3000
Sydney Training Centre - Level 14, 275 Alfred St, North Sydney NSW 2060
Brisbane Training Centre - Level 1, 241 Adelaide St, Brisbane QLD 4000
Adelaide Training Centre - Level 2, 70 Hindmarsh Sq, Adelaide SA 5000

If you require supervision of an assessment by Applied Education, additional costs may apply. Refer to Student Handbook.

To complete all units in this course, you will need:

• Access to equipment such as a smart phone, video camera or web camera is required. 
• A reliable internet connection as all data files and learning activities are available via our student platform.
• A computer with a Microsoft Windows operating system.^#
• Microsoft Word and Excel.

We will provide links and instructions to access MYOB Student Edition Software and Xero Demo Company.

^# Mac Users, Tablets and MYOB
MYOB software cannot be downloaded to tablets including Chromebooks and since 2020, MYOB is not compatible with Apple’s operating system.

If you only have access to a Mac computer, we recommend you first contact Apple to confirm if the following options are feasible on your computer:

• purchase and install on your mac a windows emulator such as "parallels" to run windows on a Mac at your own cost; or
• use the free inbuilt Mac Boot Camp Assistant on your Mac computer and purchase a Windows OS software licence.

Note: Applied Education and MYOB are unable to support issues relating to a Mac computer.

Payment Plans

We understand not everyone has the financial resources upfront to invest in training, so we offer payment plans to get you moving faster towards your future.

• Pay a $250 deposit at commencement of course
• Remainder is paid over 6 or 12 equal monthly instalments, depending on the option selected.
• An administration fee of $100 applies for the 6 month option, and $150 for the 12 month option.
• All you need is a valid credit or debit card.

Concessions on Courses

Concession pricing is available for eligible students as per the Student Handbook. Proof of concession must be provided at the time of enrolment; please contact us to apply for a concession rate when enrolling.

Refund Policy

Refer to the Student Handbook for our refund policy. This course includes a non-refundable administration fee of $250.

Receive a 24-month student membership to the Institute of Certified Bookkeepers (valued at $145).

Potential jobs for payroll professionals;

• Payroll Manager
• Payroll Officer
• Salary Packaging Administrator
• Finance Manager
• Payroll Consultant
• Small business operator

Online study is a convenient, effective and affordable way to learn when and where you want.

We provide you with the following:

• Quality materials
• Videos and webinars
• Amazing Support from our assessors and student support team
• Online assessments and exams
• Student Facebook group

FNS50422 Diploma of Payroll Services has been developed to give you flexibility so that you can study at your own pace, in your own time and in your own environment. The best part is, with Applied Education we provide a high level of support for all our students and are here with you in your study journey.

We know that your education is a significant investment in money, time and effort. In addition to supporting your learning journey, we also want you to enjoy some perks along the way.

Once enrolled, you will be invited to sign up to a student email and gain access to incredible discounts and freebies designed to support your studies and lifestyle.

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