Computerized Payroll System
CHAPTER I
INTRODUCTION
1 Background Of The Study
Processing payroll can be one of the most complex tasks facing a company. Aside from simply paying employees, companies will need to file taxes, submit reports and process year-end data for tax-reporting purposes. These problems are being encountered by several companies. The manual payroll system they are currently using calculates the payroll for each pay period entirely on paper. They will need to calculate taxes, over time, under time and any other applicable deductions and additions to each employee’s actual earnings. The problem with the manual payroll system is if ever one had committed mistakes, whatever input was made from the start will automatically affect the whole calculations, and it will probably consume much time in doing so.
A payroll system involves everything that has to do with the payment of employees and the filing of employment taxes. This includes keeping track of hours, calculating wages, withholding taxes and other deductions, printing and delivering checks and paying employment taxes to the government.
With most companies have many employees, the programmers chose payroll system because it will help record, compute, and process wages, other deductions and taxes quicker and it will produce accuracy of any data stored in the database.
The researchers interviewed a company which is owned by Mr. Rodenillo Yara that is currently using the manual payroll in computing the salary of the employees. The company is manufacturing different kinds of window glass. It is a family business that is located in 1 Merchant St. Lucena City and they have 153 temporary employees and 24 regular employees.
To help the company from its manual payroll system is the goal of this study as to design and develop a computerized payroll system that will allow the HR staff to complete payroll calculations – such as tax, wages, and other deductions – in a fraction of time that they would take to work out manually.
INTRODUCTION
1 Background Of The Study
Processing payroll can be one of the most complex tasks facing a company. Aside from simply paying employees, companies will need to file taxes, submit reports and process year-end data for tax-reporting purposes. These problems are being encountered by several companies. The manual payroll system they are currently using calculates the payroll for each pay period entirely on paper. They will need to calculate taxes, over time, under time and any other applicable deductions and additions to each employee’s actual earnings. The problem with the manual payroll system is if ever one had committed mistakes, whatever input was made from the start will automatically affect the whole calculations, and it will probably consume much time in doing so.
A payroll system involves everything that has to do with the payment of employees and the filing of employment taxes. This includes keeping track of hours, calculating wages, withholding taxes and other deductions, printing and delivering checks and paying employment taxes to the government.
With most companies have many employees, the programmers chose payroll system because it will help record, compute, and process wages, other deductions and taxes quicker and it will produce accuracy of any data stored in the database.
The researchers interviewed a company which is owned by Mr. Rodenillo Yara that is currently using the manual payroll in computing the salary of the employees. The company is manufacturing different kinds of window glass. It is a family business that is located in 1 Merchant St. Lucena City and they have 153 temporary employees and 24 regular employees.
To help the company from its manual payroll system is the goal of this study as to design and develop a computerized payroll system that will allow the HR staff to complete payroll calculations – such as tax, wages, and other deductions – in a fraction of time that they would take to work out manually.