What You'll Learn

  • Identify 7 key activities from resource scheduling to posting salaries on projects

  • How the payroll process interlinks with other Finance, Projects and HR related processes

  • Outline the importance of all steps involved in the process

2.5 Hours

Estimated time to complete

Course curriculum

    1. Start Here

    2. Where are we in the Business Process?

    3. Flowchart: Where are we in the Business Process?

    4. Who is this course for?

    5. Requirements for Taking this Course

    6. Course structure

    7. Course structure: Flowchart

    1. Introduction to Time and Payroll Process in General

    2. The Importance of the Time & Payroll Process

    3. Summary: The importance of Time and Payroll process

    4. Knowledge Check

    5. Preconditions to Time and Payroll process

    6. Preconditions to Time and Payroll process - quiz

    7. Key steps in the Time and Payroll Process

    8. Key Steps in the Time & Payroll Process: Flowchart

    9. Knowledge Check

    10. Roles involved in the Time and Payroll process

    11. Overview of Roles Involved in Time and Payroll Process

    12. Wrap Up of time and Payroll process in General

    13. Get Ready to Review Time and Payroll process in general

    14. Review of Time and Payroll in general

    1. Introduction to Resource Planning & Timesheets

    2. Activities involved in Resource Planning & Timesheet Creation sub-process

    3. Knowledge Check

    4. Introduction to Activity: Resource Scheduling

    5. Task Descriptions for the Resource Scheduling Activity

    6. Who can be resource scheduled on projects

    7. How to Determine the Percentage Effort to Assign on Projects

    8. Resource Scheduling in DRC Dynamics

    9. How to Resource Schedule

    10. Summary: How to Resource Schedule

    11. Troubleshooting: Resource Scheduling

    12. Wrap up of Activity: Resource Scheduling

    13. Get Ready to Review Resource scheduling section

    14. Review of Resource scheduling section

    15. Introduction to Activity: Timesheet Creation

    16. Task Descriptions for the Timesheet Creation Activity

    17. Timesheet Policy

    18. How to Check and Clear Timesheet Deviations

    19. How to Generate Timesheets

    20. Reasons for deviations in Hours

    21. Troubleshooting: Deviation Reports

    22. Deviation Reports

    23. How are Timesheets Generated?

    24. Summary: How are Timesheets Generated?

    25. Knowledge Check

    26. What happens when Timesheets are Posted

    27. Troubleshooting: Timesheets

    28. Wrap up of Timesheet Creation

    29. Wrap Up of Resource planning and Timesheet Creation Sub-Process

    30. Get Ready to Review Resource Planning and Timesheet Creation Sub-Process

    31. Review of Resource planning and Timesheet creation sub-process chapter

    1. Introduction to Payroll sub-process

    2. Activities involved in Payroll Sub-Process

    3. Flowchart: Activities Involved in Payroll Sub-Process

    4. Introduction to Activities: Prepare Payroll & Import Payroll

    5. Is Payroll in DRC Dynamics?

    6. DRC Chart of accounts for salaries

    7. Build up Payroll in Salary Template - Within or Across Entities

    8. Example: Build up Payroll in Salary Template

    9. How to Build up payroll in Salary Template and Import

    10. Key Ideas: How to Build up payroll in Salary Template and Import

    11. Wrap up of Activities: Prepare Payroll & Import Payroll

    12. Knowledge Check

    13. Introduction to Activity: Post Salaries in Finance Ledger

    14. Salary Lines

    15. Generate and Post Salary GL Journal

    16. How to Generate and post Salary GL journal

    17. Wrap Up of Activity: How to Generate and post Salary GL Journal

    18. Troubleshooting: Payroll Sub-Process

    19. Wrap Up of Payroll sub-process

    20. Get Ready to Review Payroll sub-process

    21. Review of Payroll sub-process

    1. Introduction to Cost Allocation for Salaries

    2. Activities Involved in Cost Allocation for Salaries

    3. Flowchart: Activities Involved in Cost Allocation for Salaries

    4. What does the Cost Allocation for Salaries Mean?

    5. Summary: What does the Cost Allocation for Salaries Mean?

    6. Knowledge Check

    7. Who Should Perform the Cost Allocation for Salary, and How Often?

    8. Introduction to Activity: Calculate Salary Allocation

    9. Calculate Salary Allocation

    10. Which Run Distribution ID is relevant?

    11. Updating Projects with Salary Transactions

    12. How to do a Run Distribution for Salaries

    13. Wrap up of Activity: Calculate Salary Allocation

    14. Introduction to Activity: Post Salaries on Projects

    15. Tasks involved in Posting Salaries on Projects

    16. Posting Salaries on Projects

    17. Summary: Posting Salaries on Projects

    18. How to Post Salaries on Projects

    19. How to Post Salaries on Projects - Videoguide

    20. Wrap up of Activity: Post Salaries on Projects

    21. Troubleshooting: Cost Allocation for Salaries

    22. What are Unsettled Salary Transactions?

    23. Knowledge check

    24. How to Reconcile Unsettled Salary Transactions

    25. Wrap Up of Cost Allocation for Salaries

    26. Get Ready to Review Cost allocation process for salaries

    27. Review of Cost allocation process for salaries

    28. Employee Support

    1. Credits

About this course

  • 102 lessons
  • Video Content