Student: Employee Payroll
CHAPITER ONE: INTRODUCTION
1. 1. GENERAL INTRODUCTION
Employee Payroll and Attendance Management Information System is software that will administrate the financial record of employee’s salaries, wages, bonuses, Net pay, and deductions; and helping the administration to establish Employee Payroll and Attendance automatically according to the inserted employee’s specifications.
The system will make sure that the employees are punctual and do their jobs on time.
With this system, the administrator may save their time to observe the employees. More broadly, it is extremely important to any company, when hundreds of people work in a business it is thus very difficult to pay every employee in person. This management was a breakthrough technique that helped companies to solve problems of managing the salaries of the employees.
This process is done differently in various companies. Some of the companies use traditional manual method of the employee payroll processing which is defined as the traditional employee payroll system which involves pen and ink, adding machine, spreadsheets, etc instead of computers, software and other information technology system. The process was very popular when there were no computerized means for employee payroll processing. It will help in calculating payable amount and deductions very easily. It also helps in generating the pay slip in less time. Automated calculation results without errors. Data is validated automatically by the software.
This system provides easy to use and reliable employee attendance tracking and reporting.
It will allow employee to sign in at the beginning of the work and sign out at the end of the work.
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.
Based on the calculation of
1. 1. GENERAL INTRODUCTION
Employee Payroll and Attendance Management Information System is software that will administrate the financial record of employee’s salaries, wages, bonuses, Net pay, and deductions; and helping the administration to establish Employee Payroll and Attendance automatically according to the inserted employee’s specifications.
The system will make sure that the employees are punctual and do their jobs on time.
With this system, the administrator may save their time to observe the employees. More broadly, it is extremely important to any company, when hundreds of people work in a business it is thus very difficult to pay every employee in person. This management was a breakthrough technique that helped companies to solve problems of managing the salaries of the employees.
This process is done differently in various companies. Some of the companies use traditional manual method of the employee payroll processing which is defined as the traditional employee payroll system which involves pen and ink, adding machine, spreadsheets, etc instead of computers, software and other information technology system. The process was very popular when there were no computerized means for employee payroll processing. It will help in calculating payable amount and deductions very easily. It also helps in generating the pay slip in less time. Automated calculation results without errors. Data is validated automatically by the software.
This system provides easy to use and reliable employee attendance tracking and reporting.
It will allow employee to sign in at the beginning of the work and sign out at the end of the work.
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.
Based on the calculation of