Preview

Payroll System

Good Essays
Open Document
Open Document
824 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Payroll System
BSIT- 3

PAYROLL SYSTEM

PRELIMINARY STUDY

A.)Introduction:

Business are arising in all the sides of the globe. Man power are very much well present in every business there is. This project allows the speed up the process of calculating payrolls with the capability of generating reports.

B.) Problem definition

In today's world. The bigger the company, the higher the possibility that the calculations of salaries to employees would be a great disaster to the company itself. The system has the capability of doing calculation with major vast of people which is hard to monitor. It speeds up the calculation of payrolls for the employees, insuring that the payment are both accurate and precise.

One of the major problem that the system could not do is to render the specific time for every transaction of employees in each company.

C.) Objectives of the study

The main goal is to give the system that can provide and enhance their existing system in order for them to accurately monitor the attendance of each employee and to minimize their workloads with regards on computing salaries loan and cash advances.

D.) Terms of references of the study

By giving this fee services. The company has to give us full access to the system that the company uses or the data's concerning the employees and their backgrounds. In return, the system that we'll provide would be free of charge. This is for research purposes.

E.)Expected Benefit

Payroll System is the heart of any human resource system of an organization. The solution has to take care of the calculation of salary as per rules of the company. In this study we used to developed computer based payroll system to improve a faster, easier and reliable of way of payroll. It helps the staff of the company for easy filing and conducting their finance share in every employee, clerk and maintenance of their company.

Payroll system can be used to speed up the process of

You May Also Find These Documents Helpful

  • Powerful Essays

    * Expensive system because training is required for the employees to learn and to understand the system. In addition, training is time consuming.…

    • 1166 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Computerize Payroll System

    • 2241 Words
    • 9 Pages

    As our project the payroll system is one of the software that the professional is develop, thesystem is good for its specialty in the fields of accounting, it is easy to use and effective and efficient in organizing and calculating the payroll process and it is more important application that should be used by businesses of any size. Payroll systems are very simple to use, they can easily be incorporated into any business applications being used by the company. These systems are a guaranteed way to make sure your payroll…

    • 2241 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    Payroll System

    • 750 Words
    • 3 Pages

    * Payroll systems are very simple to use. They can easily be incorporated into any business applications being used by the company. The use of this type of system in a company will help ensure that the company remain up-to-date with the current tax laws and the company obligations to the different taxing authorities.…

    • 750 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    Purpose and Use of Hrms

    • 1510 Words
    • 7 Pages

    These systems serve various purposes and hence, incorporate a lot of modules. Their main focus is on the employee information. First to mention is the Payroll module which takes a note of the attendance of the employees after which it automatically calculates…

    • 1510 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    The purpose of this study is to design and implement a payroll system that should accept employee hours, worked, compute net pay and record all the payroll data for succeeding processing.…

    • 1139 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Student: Employee Payroll

    • 1720 Words
    • 7 Pages

    The system will monitor the employees working time. Besides, the system can store the records for employees such as their personal details information. The system will calculate the amount of employees who works over time, coming late.…

    • 1720 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    MIS Report

    • 2464 Words
    • 9 Pages

    The purpose of this report is to analyze and understand the system had been used in the company that have been choose by our team.…

    • 2464 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Database Thesis Proposal

    • 441 Words
    • 2 Pages

    The proposed system will provide convenience: an easy-pulled-up information, accuracy: provides authentic and based on facts information, organized; a well segregated files of all employees all in one system, Security: only the HR Department and the owner can pull up the information they need, Accessible and User-friendly: provides easy access and easy understanding to any user.…

    • 441 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Infromation Technology

    • 450 Words
    • 2 Pages

    The purpose of this project proposal is to automate the Payroll system of the College of Information Technology. This project is to minimized the manual work done by the administrator and staff of this institution. The payroll software supports multiple task linkages being used by employees by means of a System which features Systematic maintenance and retrieval of employee records such as Automatic computation of monthly net income, GSIS, PAG-IBIG, Withholding Tax and other deductions. Daily Time Record of each employee, Payroll Summary Sheet per month, and Pay slip. The system automatically calculates computed income, and paid-time-off benefits, taxes, and allocates the sharing of payments for other benefit programs of each employees.…

    • 450 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Payroll System

    • 2665 Words
    • 11 Pages

    It manages the entire information of the Employees from the time they are recruited till the time they leave the company.…

    • 2665 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Many of the companies are using an automated payroll system because it gives a lot of benefits in their business. An Automated Payroll System can perform the necessary information reports such as SSS contribution, Withholding Tax, Pag-ibig contribution, and salary reports. The process of automated compared to the manual process have big distinction in time you save. Automated Payroll System increases the accuracy of check calculations and minimizes errors.…

    • 3046 Words
    • 11 Pages
    Good Essays
  • Good Essays

    This Payroll System is also a flexible compensation administration solution. It is designed to help human resource professionals as well as finance and accounting personnel to manage employee compensation, deductions, allowances, and benefits in an organization. The system is integrated with the Employee’s information, offers efficient features and functionalities to manage company's expenses.…

    • 479 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Mithi Concept Paper

    • 1650 Words
    • 7 Pages

    The system consists of enterprise HR/Payroll capabilities. The product will allow corporate sales forces and franchises to use payroll tools to archive tremendous efficiencies in their payroll processes. Agency will be able to create a road map of their business plans that corporate managers can monitor and adjust accordingly. The possibility exists to customize the product to work with other time Attendance and ERP system.…

    • 1650 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    In partial fulfillment of the requirements for the Degree of Bachelor of Science in Information Technology this thesis entitled “A PROPOSED AUTOMATED PAYROLL SYSTEM” have been prepared and submitted by members who hereby recommended for Oral Examination.…

    • 491 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Finally, this study aims to develop a reliable and manageable computerized payroll system for the contractual employee’s of Rumtec Engineering.…

    • 578 Words
    • 3 Pages
    Good Essays