Acknowledgement

ASIAN INSTITUTE OF COMPUTER STUDIES

STA.ROSA BRANCH

Acknowledgement

We are very thankful to all who supported to complete this project effectively and

moreover on time. We’re equally grateful to our School the Asian Institute of

Computer Studies and also our instructor, Mr. Guevarra who gave us a moral

support and guided us in a different matters regarding our topic. He had been very

kind and patient while we suggesting the outlines of this project and correcting our

doubts. We thank him for his overall supports. And last but not the least, We would

like to thank our parents who helped a lot in gathering different information,collecting

our data and guiding us from time to time in making this project .Despite of parent's

busy schedules ,they gave us different ideas in making this project unique. We as a

one group put a team effort to complete and make it presentable to the reader.

CHAPTER I

Introduction

As computer technology changes at such fast phase, many businesses sectors try to cope up by

upgrading computer system constantly in order to stay competitive. The multi function ability of

technology for its advance system is also an important factor for a company to use software. It makes

efficient use of the advance technology and has ambition to discover more. Computers have the great

impact on the profession of accounting. With the rapid growth of technology today, there is no doubt

that computer will become a common asset in all profession.

Background of Study

The term payroll encompasses every employee of a company who receives a regular wage or other

compensation. Some employees may be paid a steady salary while others are paid for hours worked

or the number of items produced. All of these different payment methods are calculated by a payroll

specialist and the appropriate paychecks are issued. Companies often use objective measuring tools

such as timecards or timesheets... [continues]

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