Calculation and accounting of wages (C2005)

Successful completion of the module "General accounting: current operations" (C2001E) or proof of equivalent certified knowledge. It is recommended to complete the module "Labor law: working conditions" (C3004) prior to enrolling to this module.

• Determine the different parts of a salary: gross items due by the employer, social contributions, salary taxes, payable net.
• Determine the employer's social contributions.
• Know different steps of booking the salary entries.
• Verify the accounts based on the documents or files received by the administrations.
• Apply the salary continuation system in case of long-term sickness.
• Apply the regulatory administrative steps prior to hiring a new staff member.

• The legal obligations prior to hiring a new staff member: vacancy declaration, stay permit, medical exam.
• The labour contract: types (undetermined, determined,...), mandatory clauses.
• The determination of the gross salary: legal minimum salary, work duration, public holidays, overtime.
• The determination of the gross salary (continued): benefits in kind, short-time work due to bad weather.
• The social contributions (employee and employer): definitions, rates, calculation, reporting.
• The salary tax: tax card, applying the tax tables, computation, declaration.
• The determination of the net: recapitulative exercise on a complete salary computation.
• The salary accounting: basic accounting entries, the different steps.
• The salary accounting (continued): specific entries.
• Exercise in order to prepare the exam.