This financial accounting and payroll class will cover payroll topics including payroll legislation, payroll calculations, and entering payroll journal entries. Because payroll is becoming more complex and more of a specialized field it is difficult to find content that puts it all together in one spot like this course does. The course is divided into 3 parts. In this course, Part 1, we will discuss payroll legislation, going over a wide variety of laws that influence payroll. Because payroll is such a broad topic and because it overlaps with other areas of business like human resources many laws influence the processing of payroll. We will concentrate on laws that deal with the calculation of payroll and payroll withholdings. The course will cover the generation of payroll registers and earnings reports, the primary tools to help us calculate payroll. We will discuss how to calculate payroll tax withholding like federal income tax (FIT), social security, and Medicare. We will calculate net pay from gross pay. This course includes key terms and definitions related to payroll. In addition to the instructional videos, this course will include downloadable: • PDF Files • Excel Practice Files • Multiple Choice Practice Questions • Short Calculation Practice Questions The PDF files allow us to download reference information we can use offline and as a guide to help us work through the material. Excel practice files will be preformatted so that we can focus on the adjusting process and learning some of the basics of Excel, like addition, subtraction, and cell relationships. Multiple-choice example question helps us improve our test-taking skills by reducing the information into the size and format of multiple-choice questions and discussing how to approach these questions. Short calculation questions help us reduce problems that have some calculation down to a short format that could be used in multiple-choice questions.