Level 3 Diploma in Payroll (QCF) 601/0732/7

This qualification is part of the Qualification and Credit Framework (QCF), which became fully operational in September 2010. Qualifications within the framework are made up of units and each unit is given a credit value, where one credit represents 10 hours of learning time. The title of every qualification within the new framework will contain details of the size (award/certificate/diploma), level of difficulty (Entry to level 8) and general content of the qualification. This qualification is competence based, as it is deemed to include all the relevant knowledge and skills for a level 3 payroll administrator.

Learners studying without being attached to an IAB accredited training centre, should contact the IAB for further information.

Name of Qualification Level 3 Diploma in Payroll (QCF) 601/0732/7 Accreditation Review Date 31/12/2016 Guided Learning Hours (GLH) 215 Accreditation Number 601/0732/7 Level Level 3

To achieve this qualification, all the mandatory units consisting of 40 credits must be achieved. The accreditation number, level and credit value of each unit is as follows:

Mandatory units

Employment legislation for payroll – T/601/8136 (level 3 – 2 credits)

Statutory and non-statutory reporting of payroll data – D/505/1296 (level 3 – 2 credits)

PAYE, Income tax and National Insurance Contributions – A/505/1337 (level 3 – 5 credits)

Theory of termination of employment – J/505/1339 (level 3 – 3 credits)

Work effectively in accounting and finance – Y/504/3973 (level 2 – 5 credit)

Determining Gross Pay – L/505/1293 (level 3 – 4 credits)

Payroll processing – R/505/1294 (level 3 – 4 credits)

Period end processing – T/505/1353 (level 3 – 2 credits)

Termination of employment – M/505/1349 (level 3 – 3 credits)

Payroll verification and reconciliation – R/505/1389 (level 3 – 2 credits)

Computerised Payroll administration – L/505/1391 (level 3 – 8 credits)