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Payroll System

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Payroll System
I. INTRODUCTION
1.1 Background of the Problem Every worker remembers his or her first payday. Whether the salary was big or small, there was a deep satisfaction in tearing open the envelope and seeing that peso sign. Over the years, the checks may arrive with less fanfare, but always with a strong sense of pride. This is the nature of work; fair and timely compensation for a job well done. Payroll, at its most basic, is the process by which an employer pays an employee for work performed. If you own a business, but don’t have any employees, then you don’t have to worry about payroll. But as soon as you hire your first worker, you have a responsibility to pay that employee on time and the correct amount. If employers fail in their payroll duties, their workers will be less motivated to fulfill their end of the bargain. They will be less productive and suffer from low morale. And if you make a mistake on an employee’s paycheck enough times, he or she will probably quit. The Gasapo–Moleta Memorial Chapel and Services located at Brgy. Igtuba, Miagao, Iloilo was the subject of the study in developing the proponents proposed Payroll System. The proponents found out that the existing system of Gasapo–Moleta Memorial Chapel and Services is done manually. After the group identified the problems, they decided to develop a Computerized Payroll System for the Gasapo–Moleta Memorial Chapel and Services. The proponents will create a system for the said company to offer them a flexible payroll processing powerful enough to meet today’s demanding requirements for taxation and reporting. The system aims to improve its services to the people concerned and enhance its services to its employees, both regular employees and other types alike. The study is significant to the company because it will provide a better service for its employees and clients through fast and reliable computation and processing of the

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