Let’s face it –computing for employee wage and organizing related records aren’t exactly the most looked-forward-to activities during paydays. However, there’s no escaping it either if you want to refrain from having unhappy employees, or loopholes in reportorial requirements. Small companies in particular, cannot afford to establish their own HR department and consequently, payroll administration duties can fall on anyone.



Aside from the various software being released in the market today, the promise of yielding faster, easier payroll management activities fall flat without a sound background on the vital must-do’s that go hand-in-hand with employee wage computation.


Are you looking for a worthy investment that will aid you in your payroll management activities? We have the solution for you.


Learn the essentials of Effective Payroll Management in just 1 day!


Attend this seminar and gain solid knowledge on the following:


An Introduction to Payroll
Record Keeping – Operating the Payroll Function More Effectively
Calculation of Gross and Net Pay
The Essential Payroll Tax Update for the Payroll Professional
Effective Payroll Management Reporting Skills


Register online now or view our Packaged Programs that contain this seminar and save as much as Php4,100!

So you can already envision yourself as your own boss in your dream business enterprise. You have a clear picture of your entrepreneurial idea and where you want to set up shop, or how you’re going to take over the world with your international franchises. You are confident that your idea is unique, and you can surely make it happen. However, you are bogged down with questions on how to get started –from registration to licensing, to simple accounting and business transactions, to financial reports and regulatory requirements and so much more.

Learn all these and more in our Entrepreneurship Seminar on September 7, 2010 (Tuesday) which we will be conducting FOR FREE! Training fee is absolutely waived –all you need to take care of is Php500 inclusive of lunch and training kit.

Don’t miss out! Register online now to reserve a slot or read more about this seminar.

1. Properly compensate your new hires. What you offer upfront to a new hire can either convince or turn a potentially valuable worker away –be realistic yet positive about your offer.

2. Deepen your knowledge. It is also important to know the trends and regulatory environment of the industry you are in. This will paint you a clearer picture of what to tweak and how to go about the improvements you want to make in your compensation plan.

3. Determine how competitive do you want to be relative to the market. Variables include growth outlook for the coming years, industry specifications, your overall philosophy on pay, etc.

4. Explain total rewards to your employees. This is crucial especially for HR professionals –make sure your employees understand the constituents of their salary, benefits and incentives. This will yield lesser cases of complaint and later on, disgruntled employees.

5. Think before you cut. If it becomes a dire necessity, layoffs are inevitable. This might not look good for the company at first, but smart and targeted layoffs are better than reducing your employees’ salary. Keeping dissatisfied and resentful employees will do more damage than cutting back altogether.

6. Remember the key issues covered by a successful employee incentive plan. Ask yourself these following key questions: Who are you going to incent? How much are you going to pay, and for what result? How are you going to deliver the employee incentive?

7. Get buy-in on your company’s compensation policy. Gain approval not only from your top executives, but everyone involved in the compensation planning. This will also help identify if your offer is aligned with the company’s objectives.

8. Equip your managers to have effective conversations about compensation. There’s nothing worse than not having a proper compensation communication strategy when it comes to implementing the compensation plan. Before the breakdown of salary constituents reaches the prospective employees, your company’s managers have to get a good grasp of the matter first so that the information flows smoothly and accurately from there.

9. Write a compensation philosophy. This generally consists of a few, two paragraphs summarizing your company’s outlook on compensation. Use generally understood words, keep your tone positive yet realistic and remember that policies are not constant and will have to undergo some changes in order to be aligned with the rest of the company’s requirements.

10. Target pay rates appropriately. If you haven’t yet, correctly define the job for market pricing.When you are targeting pay rates for positions, you’ll want to correctly define the full proficient employee who has average performance.

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Don’t miss our Compensation & Benefits Seminar this August 18, 2010 (Wednesday)! Click here to register now or view or Packaged Programs to see how you can get a discount on this seminar and save as much as Php4,100!

Passing the assessment test is a must for those looking to get not just good credentials but also REAL, well-paying bookkeeping jobs both here and abroad. The TESDA Bookkeeping NC (National Certificate) III license is a locally and internationally recognized industry standard granted to individuals acknowledged as skilled, technical bookkeepers. Our institution can help you achieve this esteemed title as we ourselves offer a TESDA-registered, NC III level Bookkeeping Course, among our other products such as trainings and seminars for various accounting and finance functions found in core business operations.

To all bookkeeping graduates, this is your chance to calm your fears of failure! Our instructors will refresh your mind on everything you need to know to ace the exam –from theory to core competencies, journalizing to costing and so much more! Call us at 3391301 or 3383857 now.

Join us as we kick off this campaign in CEBU from September 6-11, 2010 with the following seminars designed to meet specific industry needs:

• September 6 – 7, 2010 – Tax Preparers Program Workshop

A must-attend primer for all Tax Accountants, Tax Preparers, Bookkeepers, Administrative staff preparing tax returns, PEZA and BOI reports and anyone who wants to learn how to prepare tax returns, PEZA and BOI Reports.

• September 8 – 9, 2010 – Warehouse Management & Inventory Control

Empowering finance, procurement and supply chain professionals spruce up their inventory management strategies for a more effective and efficient warehouse management system. Also beneficial for warehouse managers and employees.

• September 10 – 11, 2010 – Accounting for Non-Accountants

You don’t need to be a CPA to understand the most basic, practical, day-to-day accounting processes that you need to know –we make accounting easy for you! This seminar will equip you with the most common accounting terms used, the knowledge you need to prepare and analyze financial statements, the correct measurements for business transactions and the mental prowess for answering financial questions needed to improve business operations.

Register now to reserve your slot. Don’t miss out on these dates!

Bureau of Internal Revenue (BIR) Commissioner  Kim Henares stated in an early July interview that complaints are being posted on her Facebook regarding tax cheats and evaders, and they are considering these reports as leads to tax crimes. With the Philippines ranking fourth in the Fitch Ratings list of countries with the worst tax collection procedure, the use of social networking sites to crack down on tax evasion might help boost revenue collection. The country is reported to have at least 14.6 million Facebook users, according to Checkfacebook.com.

Banco de Oro market strategist Jonathan Ravelas says that this move will keep people in check, although its visible impact will only be seen over time. With tax revenue plummeting to 12.8 percent of gross domestic product in 2009 from a record 17% in 1997, the BIR aims to raise collection to at least 15% this year without waiting for new or higher tax implementations in support of President Aquino’s pledge to boost revenue and wipeout corruption.

“This is a key rating weakness in the Philippines,” said Andrew Colquhoun, head of Asian sovereign ratings for Fitch, said in an interview. “We remain convinced an enforcement effort can raise revenue.”

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Get your tax basics and updates in our popular Comprehensive Tax Seminar! Sign up now to join the Aug. 5, 2010 (Thursday) schedule or click here to see our available Comprehinsive Tax Seminar Promos.

Attend our Warehouse Management & Inventory Control Seminar on August 24-25, 2010 and gain fresh insight on the following:
• Organizational Placement
• Funding and Costs
• Working Stock and Safety Stock
• Types of Surplus and Disposal Methods
Click here to read more or to register online!

Feel like you need updates on the latest tax developments? Attend our Comprehensive Tax Seminar on August 9, 2010 and allow us make the tax aspect of your business or profession a breeze. Topics covered are but not limited to:

• Withholding Taxes
• Local Business Taxes
• Final Withholding Taxes
• Fringe Benefit Taxes
• The New VAT Law
• Updates on INCOME TAXATION
• Penalties and how to avoid them
• What to do when issued a Letter of Authority (LOA)
• Tax Reduction

A MUST for all tax professionals, bookkeepers, entrepreneurs, accountants, lawyers or anyone needing a firm understanding of the Philippine taxation system and its implications. Click here to reserve a seat now!

We at Entrepreneurs Accounting Academy believe in the potential of this industry and would like to invite you to check out and enroll in our Bookkeeping Course! Our course is TESDA-Registered with an NC-III certification, assuring you a sound background in bookkeeping and basic accounting functions that are found in all types of organizations –whether profit or non-profit, micro, small to medium and large enterprises. Our expertise in the fields of accounting and finance provide the niche for a well-developed Bookkeeping Course.

Some highlights of what you will obtain after completing this course are:

• Basic competencies and communication skills in the workplace
• Maximizing mathematical concepts and techniques
• Common competencies – checking for quality standards, basic computer operations, maintaining effective interpersonal skills
• Specialized competencies including but not limited to:

- Journalizing Business Transactions
- Financial Statement Analysis and Preparation
- Preparing and checking policy compliance
- Relevant technologies: Excel Automation & QuickBooks Premier Accountant Edition 2010

Get quality, affordable, complete bookkeeping concepts and techniques in just 5 months! With a combination of both theory and practice, graduates of this course will have a sound background of bookkeeping. Classes Start on July 23, 2010 (Friday Schedule – only 4 slots left!) and August 14, 2010 (Saturday Schedule)

Secure a slot now for only Php2, 500.00! Click here for more details about this course.

Attend our Entrepreneurship Seminar for FREE* this July 6, 2010 and have a long-lasting relationship with your business ideas and become your own boss! For more details and convenient, online registration, click here. Limited slots only, register now.

*Entrepreneurship training fee waived –all you have to take care of is a Php500.00 fee for a.m./p.m. snacks, lunch and training kit.