Preview

payroll system for thesis

Good Essays
Open Document
Open Document
906 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
payroll system for thesis
Chapter 1
Introduction
This chapter present the introductory part of the study about accounting system in DMMA COLLEGE OF SOUTHERN PHILIPPINES. The purpose of this study is to ensure that the project will support the business requirement in accounting and improve better service to the employee in DMMA COLLEGE OF SOUTHERN PHILLIPINES.
This study is conducted by Mary Ann Ivy Bautista, and Sheeneryl Lacay. We are proposing this study to the accounting department of DMMA COLLEGE OF SOUTHERN PHILIPPINES.
Since the DMMA COLLEGE OF SOUTHERN PHILIPPINES is using office manual system in excel and they are thinking about creating a database to make payroll easily, and that would lessen their time in creating payroll to their employee.
Background of the study
According to the student handbook, DMMA COLLEGE OF SOUTHERN PHILIPPINES was established in October 1993, and was formerly known as the Davao Merchant Marine Academy (DMMA).
Accounting is the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results according to Merriam-Webster’s online dictionary.
Technology today is fast changing many business company try to adopt the changing technology like DMMA COLLEGE OF SOUTHERN PHILIPPINES in order to stay competitive. Computers have the great impact on the profession of accounting.
The program also allows the 15 days payroll schedule to be calculated accurately. Just by having all teachers and employees information like name, wages etc to enter in the database. Therefore, payroll can be done with the guide o f the program. The system is good in the fields of accounting specialty. It is easy to use, effective and efficient in calculating the payroll. In addition this study aims to develop a reliable and manageable computerized payroll system for DMMA COLLEGE OF SOUTHERN PHILIPPINES for a better manageable of a business.
Project Context

Purpose and Description Objectives of the

You May Also Find These Documents Helpful

  • Powerful Essays

    Investment 8th by Bodie

    • 3842 Words
    • 16 Pages

    Accounting is a system of measuring and reporting results of business activities to interested users.…

    • 3842 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    rsm100

    • 2110 Words
    • 9 Pages

    Accounting is the process of measuring, interpreting, and communicating financial information to support internal and external business decision.…

    • 2110 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    What Factors Drive Change in

    • 5938 Words
    • 19 Pages

    Accounting Research Institute & Faculty of Accountancy Universiti Teknologi MARA Malaysia & Malaysian Accountancy Research and Education Foundation (A Trust Body Sponsored by the Malaysian Institute of Accountants)…

    • 5938 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Accounting, which is also known as accountancy is a “language of business”. It provides financial information about one’s business to the internal and external users such as managers, investors, creditors and etc. Users need information to help in planning, decision-making, evaluating and controlling their business or investment. The information is generally in the form of financial statement where they can show where the money is spent, helps to assess performance over a period and helps to identity problems and opportunities. Users also use the financial information to make resource allocation decisions between and within companies, organizations and public agencies. Accounting involves the process of recording, verifying, and reporting of the value of assets, liabilities, income, and expenses in the books of account. Sub-classification of accounting consists of financial accounting and reporting, management accounting, auditing and taxation.…

    • 1958 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    References: Valix, Conrado and Jose Peralta. 2005. Financial Accounting volume one (rev. ed.). Philippines: GIC Enterprises and co., inc.…

    • 2734 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    The term bookkeeping is most likely to justify how accounting practice has been changing over the last few decades. However, the global information revolution has a significant impact on all fields of business such as economic, finance and marketing. Thus accounting is not isolated from technology. In order to be well equipped for work environment, accounting students are being taught more computer skills in their courses (Harris,2014). Therefore, some students specialize in accounting information system at universities. Furthermore, for accounting job seekers it can be impossible to find a job with no IT skills, thus the improvement of accounting software can be considered as the most important improvement in accounting history.The purpose of this essay is to discuss and explain how particular software products have improved accounting through the importance of spreadsheet for any accountant, then how the accounting has changed in inventory control, sales including point of sales, and finally, keeping accounting documents.…

    • 1959 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Payroll Accounting

    • 5409 Words
    • 22 Pages

    MZUMBE UNIVERSITY FACULTY OF COMMERCE A RESEARCH PROPOSAL ON; EVALUATION OF THE EFFECTIVENESS OF THE COMPUTERISED PAYROLL ACCOUNTING SYSTEM A CASE STUDY AT THE MINISTRY OF HOME AFFAIRS DAR ES SALAAM…

    • 5409 Words
    • 22 Pages
    Good 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
  • Good Essays

    This Computerized Payroll System program allows the monthly payroll schedule to be calculated accurately. Just by having all employees’ information such as name, rate per hour, working hours, etc to enter to its database. Therefore, payroll can be done with the guide of the program. The system is good in for its specialty in the fields of accurate computations. It is easy to use, effective and efficient in organizing and calculating the payroll. In addition, this study aims to develop a reliable computerized payroll system for Ministop Convenient Store for a better manageable of a business. The Proposed Computerized Payroll System will give a big relief of the employee and employers as well.…

    • 667 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The aim of this project is to identify and solve the problems concerning the Payroll and Daily Time Record System of DBA enterprise – a fast growing company which caters direct selling of AVON products throughout Mindanao. The company experiences some concerns on monitoring the attendances of their employees and the computation of the payroll of each employee. The traditional payroll and daily time record system could no longer cope with the number of branches they have all over Mindanao. Through the analysis made by the proponents, it has been found that Payroll System with Daily Time Record using Biometric Authentication may solve the current problems of the company. The study covered the cost of the proposed system, its operational functions, its benefits and its impact towards the company. The project was completed within the time span of three semesters (Academic Years 2008-2009 to 2009-2010). After the testing and evaluation, it was concluded that the automated Payroll System with Daily Time Record is really beneficial to the company. The system facilitates the generation of payroll and monitoring of attendances in a cheaper, easier and faster way. It could reduce failure of reporting and analysis, and could provide timely and accurate reliability/quality reports.…

    • 374 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    his chapter presents an overview of Philippine accounting and auditing arrangements. It provides context for the following chapters on professional infrastructure, accounting and auditing standards, accounting and auditing training, and government budgeting and accounting arrangements. The chapter comprises eight sections, as follows: Part One: Accounting 1 – Introduction – identifies historical factors that have influenced accounting arrangements. 2 – The “Philippine Accounting System – describes accounting arrangements. These include the regulatory and organizational framework, accounting bases and accounting information systems. 3 – Financial Reporting – describes financial reporting and disclosure requirements. 4 – Quality of Financial Reporting – reviews evidence regarding compliance with disclosure requirements and the quality of Philippine financial reporting. Part Two: Auditing 5 – Governing Laws and Regulations – describes the laws that govern Philippine auditing practices and audit requirements. 6 – Philippine Auditing Practices – examines Philippine auditing practices by comparing these to regional norms and international best practices. 7 – Public Accounting and Auditing Firms – describes the presence of domestic and international accounting firms in the Philippines. 8 – Issue Synopsis: Accounting and Auditing – summarizes the issues identified in this chapter.…

    • 4182 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    In modern times business organisations cannot operate successfully without the support and application of accounting functions. In the past the business organisations were using manual accounting systems. Nowadays most businesses now use computers to handle…

    • 4712 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Internship Report On CUFL

    • 6270 Words
    • 62 Pages

    I have tried my best to gain practical experience and tried to reflect the same in report. I…

    • 6270 Words
    • 62 Pages
    Good Essays
  • Good Essays

    Online Inquiry System

    • 1919 Words
    • 9 Pages

    This chapter includes the Project Context which describes the main idea of the project. The Project Description explains the purpose of the system as well as a summary of it. The Objectives of the Study, state the general and specific objectives of the study. The Scope and Limitation/s of the study set the standards of the software capabilities and limitations; and the Significance of the Study provides the importance of the system to the Accounting Department of the School. The project is entitled “Accounting system for ACLC College Taguig “which will help for the…

    • 1919 Words
    • 9 Pages
    Good Essays
  • Good Essays

    It makes efficient use of the advance technology and has ambition to discover more. Computers have the great impact on the profession of accounting and human resources.…

    • 578 Words
    • 3 Pages
    Good Essays