Payroll System

Only available on StudyMode
  • Download(s) : 578
  • Published : March 9, 2013
Open Document
Text Preview

1. Introduction

1. Background of the study

Nowadays all establishment are becoming modernized, they use modern technologies to make their transaction fast, easy, and accurate in order to avoid waste of time and for the sake of safety and security. It also helps human to solve and understand complex problem and analysis such us the computational need of humans. Especially to business establishment or corporation processing enormous data and complex transaction. Payroll is an example of a complex transaction because it is a critical business operation dealing with numerous accounts and produce plenty and confidential files. Payroll is encompasses every employee of a company who receives a regular wages or other compensation due to each.

Applying manual procedure on a Payroll transaction involving the vast beat answer in that problem would be computer because computers can simulate enormous data and can process complex transaction in a fast and efficient way. It can generate numerous accounts and data accurately.

A Computerized Payroll System will not only provide accurate calculation and fast process of Payroll transaction but it will secure data through security implementation and accordingly arrange files provided by a well-designed database that will produce a paperless environment.

Immaculate Concepcion International (ICI) is located at 3rd and 4th floor of 3A’s & E bldg. Burol 1st. Balagtas, Bulacan. The plan of creating a branch here in Balagtas was started with Atty. Normita Villanueva the President of the Immaculate Concepcion International. This planning was started last October. 10, 2009. And the start of establishing the facilities of the school was started last January. 10, 2010, and the operation of the school was started last June 16, 2011.Immaculate Concepcion International’s mother school is located in Poblacion St. Sta. Maria, Bulacan, a sister company of La Consolacion university, formerly known as University of Regina Carmelli located in Malolos, Bulacan. Immaculate Concepcion International Balagtas Branch is a TESDA Accredited. It offers two-years courses like Information Technology (I.T.), Computer Science (C.S.), Hotel and Restaurant Services (HRS), Travel and Tour Service (TTS), Business and Office Management Services (BOMS) and they also offer a short term courses associated in Computer Programming, Call Center, Bar Tending, and House Keeping.

2. Statement of the problem

Immaculate Conception International (Balagtas Branch) never had any fast and easy to use Payroll system. Problems with a pay check can mess up an employee’s budgeting for the month. Being over or underpaid and too early or too late is not only extremely irritating, but can lead to bills not being paid on time and payments being missed. The most common problems in manual payroll systems are due to the margin for error being much higher than other systems. As a manual payroll system is done entirely by hand, there are plenty of points at which things can go wrong due to human error. An individual carries out all timesheets, taxes, wages, checks, verification and recordings, and there are many small calculations that can be slightly mistaken that will cause far more serious problems further down the line. The fact that a manual payroll is done by hand can cause problems with liability. If one individual is in charge of the payroll system, then anything and everything that goes wrong is their responsibility, meaning they will have to deal with the consequences. If there are any mistakes made with taxes, then the individual can infer penalties from the government. A manual payroll system can only really used successfully and efficiently if it is only for a handful of employees. To avoid the problems of human error, it is possible to implement an alternative payroll system. Staff using payroll software installed at the organization can...
tracking img