Diploma of Payroll Services

Taught by teachers with current industry experience, you will learn a diverse range of skills including superannuation, taxation and communication skills.

You will gain confidence and knowledge in:

establishing and maintaining a payroll system salary packaging budgeting and forecasting implementing internal controls taxation systems for payroll managing payroll business performance information.

Upon completion of this course, you'll have the practical and technical skills to begin work or continue onto further study.

To be awarded the FNS50417 Diploma of Payroll Services, a student must successfully complete a total of eleven (11) units of competency, comprising of:

• eight (8) core units, and;
• three (3) elective units, of which:

• all three (3) units may be chosen from the elective units listed in the FNS50417 Diploma of Payroll Services qualification;
• up to two (2) units may be from a Certificate IV, Diploma or Advanced Diploma in any currently endorsed training package or accredited course, provided they do not duplicate the outcome of another unit chosen for the qualification.

Electives must be industry relevant as well as be approved by Victoria University Polytechnic.

Course structure and units

CORE UNITS

• BSBFIM502 - Manage payroll
• FNSINC401 - Apply principles of professional practice to work in the financial services industry
• FNSPAY501 - Process salary packaging arrangements and additional allowances in payroll
• FNSPAY502 - Process superannuation payments in payroll
• FNSPAY503 - Process complex employee terminations in payroll
• FNSPAY504 - Interpret and apply knowledge of industrial regulations relevant to payroll
• FNSPAY505 - Interpret and apply knowledge of taxation systems relevant to payroll
• FNSTPB402 - Establish and maintain payroll systems

ELECTIVE UNITS

• FNSACC311 - Process financial transactions and extract interim reports
• FNSACC312 - Administer subsidiary accounts and ledgers
• FNSTPB401 - Complete business activity and instalment activity statements

Recognition of Prior Learning and/or Credit Transfers:

Previous completion of units at the Polytechnic or any other Registered Training Organisation and/or previous attainment of skills and knowledge may be credited towards this course. Units must satisfy the completion rules of the qualification and be assessed as appropriate by the Polytechnic.

Meeting the minimum admission requirements does not guarantee you entry into this course. Some courses receive more applications than the number of places available. In this situation we will also assess your education, work and other relevant experience.

If you do not meet the minimum requirements you may be eligible for one of our special admission programs. We also encourage you to explore our study pathways to help you reach your goal.

Find out more about how to apply for our courses, and our commitment to admissions transparency.

Entry requirements

Prior to enrolment, all applicants will be required to complete a literacy and numeracy assessment to assist with determining eligibility and to identify learning support needs.

Pathways from VU courses

There are many ways you can start your education journey at VU. Pathways offer an easy transition between courses at different levels, so that you can start with a certificate and progress right through to postgraduate study.

Find out more about pathways and credits.

Recognition of Prior Learning (RPL)

You may be able to complete your qualification sooner through formal recognition of your existing skills. This is known as Recognition of Prior Learning (RPL).

To receive RPL, we assess your previous work, education and life experiences against recognised qualifications. Applications for RPL can be made prior to enrolling.

Call us on 1300 TAFE VP (1300 823 387) to discuss RPL options with the course manager.

Pathways to further study

On completion of this course you will be guaranteed entry into the following degree and in some cases receive credit for your study:

You will be credited for up to 48 credit points of study.

Find out more about our study pathways to VU

This qualification reflects the job roles of workers who perform payroll administration and payroll management tasks in a variety of industries. It includes establishing payroll systems and using them to perform sometimes complex tasks, including preparing salary packaging arrangements and additional allowances, processing superannuation payments, and processing employee terminations.