Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

BSBFIM502 Mapping and Delivery Guide
Manage payroll

Version 1.0
Issue Date: April 2024


Qualification -
Unit of Competency BSBFIM502 - Manage payroll
Description
Employability Skills
Learning Outcomes and Application This unit describes the skills and knowledge required to establish and monitor security procedures for managing organisational payroll services and to calculate and process salary payments, group taxation and related payments.It applies to individuals, employed in a range of work environments, who are required to establish and work with payroll systems and may have responsibility for managing payroll systems and calculations.No licensing, legislative or certification requirements apply to this unit at the time of publication
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities 		Slides
PPT 		Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Establish procedures for management of payroll
  • Establish procedures that ensure the confidentiality and security of payroll information
  • Ensure procedures guarantee substantiation of claims for allowances
  • Establish control measures to safeguard organisation’s financial resources in accordance with legislative and organisational requirements
  • Establish systems to ensure statutory obligations are met and records are kept for the period determined by government legislation
       
Element: Prepare payroll data
  • Use nominated industrial awards, contracts and government legislation to calculate gross pay and annual salaries
  • Calculate statutory and voluntary deductions using government and employee documentation
  • Provide payroll data to payroll processor for calculation within designated timelines
       
Element: Authorise payment of salaries
  • Check payroll, and authorise salaries and wages for payment in accordance with organisational policy and procedures
  • Reconcile salaries, wages and deductions in accordance with organisational policy and procedures
  • Deal with salary, wage and related enquiries in accordance with organisational policy and procedures
       
Element: Administer salary records
  • Process declaration forms for new and existing employees in accordance with Australian Taxation Office requirements
  • Forward periodic deductions to nominated creditors within designated timelines
  • Prepare and dispatch payments to government authorities accurately and in accordance with relevant government legislation
  • Calculate and transcribe group tax amounts and make payments in accordance with taxation procedures
  • Prepare and reconcile employee group certificate amounts from salary records
       


Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Establish procedures for management of payroll

1.1 Establish procedures that ensure the confidentiality and security of payroll information

1.2 Ensure procedures guarantee substantiation of claims for allowances

1.3 Establish control measures to safeguard organisation’s financial resources in accordance with legislative and organisational requirements

1.4 Establish systems to ensure statutory obligations are met and records are kept for the period determined by government legislation

2 Prepare payroll data

2.1 Use nominated industrial awards, contracts and government legislation to calculate gross pay and annual salaries

2.2 Calculate statutory and voluntary deductions using government and employee documentation

2.3 Provide payroll data to payroll processor for calculation within designated timelines

3 Authorise payment of salaries

3.1 Check payroll, and authorise salaries and wages for payment in accordance with organisational policy and procedures

3.2 Reconcile salaries, wages and deductions in accordance with organisational policy and procedures

3.3 Deal with salary, wage and related enquiries in accordance with organisational policy and procedures

4 Administer salary records

4.1 Process declaration forms for new and existing employees in accordance with Australian Taxation Office requirements

4.2 Forward periodic deductions to nominated creditors within designated timelines

4.3 Prepare and dispatch payments to government authorities accurately and in accordance with relevant government legislation

4.4 Calculate and transcribe group tax amounts and make payments in accordance with taxation procedures

4.5 Prepare and reconcile employee group certificate amounts from salary records

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Establish procedures for management of payroll

1.1 Establish procedures that ensure the confidentiality and security of payroll information

1.2 Ensure procedures guarantee substantiation of claims for allowances

1.3 Establish control measures to safeguard organisation’s financial resources in accordance with legislative and organisational requirements

1.4 Establish systems to ensure statutory obligations are met and records are kept for the period determined by government legislation

2 Prepare payroll data

2.1 Use nominated industrial awards, contracts and government legislation to calculate gross pay and annual salaries

2.2 Calculate statutory and voluntary deductions using government and employee documentation

2.3 Provide payroll data to payroll processor for calculation within designated timelines

3 Authorise payment of salaries

3.1 Check payroll, and authorise salaries and wages for payment in accordance with organisational policy and procedures

3.2 Reconcile salaries, wages and deductions in accordance with organisational policy and procedures

3.3 Deal with salary, wage and related enquiries in accordance with organisational policy and procedures

4 Administer salary records

4.1 Process declaration forms for new and existing employees in accordance with Australian Taxation Office requirements

4.2 Forward periodic deductions to nominated creditors within designated timelines

4.3 Prepare and dispatch payments to government authorities accurately and in accordance with relevant government legislation

4.4 Calculate and transcribe group tax amounts and make payments in accordance with taxation procedures

4.5 Prepare and reconcile employee group certificate amounts from salary records

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Establish procedures that ensure the confidentiality and security of payroll information 
Ensure procedures guarantee substantiation of claims for allowances 
Establish control measures to safeguard organisation’s financial resources in accordance with legislative and organisational requirements 
Establish systems to ensure statutory obligations are met and records are kept for the period determined by government legislation 
Use nominated industrial awards, contracts and government legislation to calculate gross pay and annual salaries 
Calculate statutory and voluntary deductions using government and employee documentation 
Provide payroll data to payroll processor for calculation within designated timelines 
Check payroll, and authorise salaries and wages for payment in accordance with organisational policy and procedures 
Reconcile salaries, wages and deductions in accordance with organisational policy and procedures 
Deal with salary, wage and related enquiries in accordance with organisational policy and procedures 
Process declaration forms for new and existing employees in accordance with Australian Taxation Office requirements 
Forward periodic deductions to nominated creditors within designated timelines 
Prepare and dispatch payments to government authorities accurately and in accordance with relevant government legislation 
Calculate and transcribe group tax amounts and make payments in accordance with taxation procedures 
Prepare and reconcile employee group certificate amounts from salary records 

Forms

Assessment Cover Sheet

BSBFIM502 - Manage payroll
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

BSBFIM502 - Manage payroll

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: