Preview

Payroll System Problem Statement

Good Essays
Open Document
Open Document
597 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Payroll System Problem Statement
Payroll System Problem Statement
Our task is the creation of a new payroll system. The old system is outdated and no longer adequately manages the payroll process and the entry of employee time card information. Therefore, manual intervention is required to process the payroll. In addition to the preexisting category of salaried employee, which the current payroll process does support, our organization now accommodates two new types of employees: those employees working on commission, and those employees working on an hourly basis. The current payroll process doesn't support these two new employee types, which are described in detail later in this problem statement. In addition to accommodating all employee types, as well as ensuring that our system can accommodate newly created categories of employees in the future, the system must also allow each of these employees to enter his or her time information via a corporate intranet using a standard Web browser. Because employees can manage only their individual time card information, a user ID and password is required of each employee prior to gaining access to this section of the corporate intranet. The payroll process can process only "signed" time cards, which are those time cards that the employee has identified as accurate. Overall, the system will store information about the approximately 2,000 company employees. This data will be stored in the Oracle payroll database. The payroll process must run on the fifteenth and last day of each month at 12:00 a.m. All paychecks must be accurately calculated and deposited into one or more bank accounts of the employees' choosing. Employees also should be able to change personal information, such as names, addresses, and passwords. Eventually, the system must enable employees to maintain their direct deposit information via the system as well. However, this feature is beyond the scope of the initial release. A human resources representative must be able to initiate the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Ken, a salaried employee, was terminated from his company in April of this year. Business had been slow since the beginning of the year, and each of the operating plants had laid off workers.…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Morgan uses Excel spreadsheets and a computer application to print payroll checks. He spends on the average eight hours to process payroll for the approximant 300-340 Castle’s Family Restaurant employees. Without schedule software each manager at the eight restaurants have to print weekly schedules and make changes as necessary throughout the week; increasing errors. Mr. Morgan enters the schedules in the Excel spreadsheets which he relies on his knowledge of Excel to make the correct calculations. An automated time keeping system will track employee hours and pay hourly employees accordingly; it will also allow Mr. Morgan to import employee hours into payroll software which will compute the time worked; which saves Mr. Morgan time from having to manually calculate employee’s payments and deductions. Automated payroll is also a record keeper which the “IRS requires employers to keep employment tax records for a minimum of four years. Furthermore, the U.S. Department of Labor requires payroll records to be kept for at least three years” (Grace,…

    • 1041 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Enter the appropriate numbers/formulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answer.…

    • 718 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Payroll Case Study

    • 320 Words
    • 2 Pages

    Imagine that you are a business owner. Choose whether to hire a new person in the marketing department or upgrade your computer system. Each choice requires the same amount of investment. Address the following topics: What factors would you use to determine whether to invest in the additional capital or labor?…

    • 320 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Payroll Project 2

    • 905 Words
    • 11 Pages

    DECEMBER 14 PAYROLL Glo-Brite Paint Company Employee List 12/14/-- Emp. Employee Soc. Sec./ # Pay G.L. Salary/ No.…

    • 905 Words
    • 11 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Depending upon the availability of time and your goals in teaching the payroll accounting course, you may use the Payroll Project in one of several ways:…

    • 319 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Morgan is handling all payroll with an Excel spreadsheet on his computer. This process severely needs to be revamped and either out-sourced or automated. By automating or out-sourcing the payroll process, employees would be able to receive their pay via direct deposit or a check mailed to their address on file. This would free up a considerable amount of Mr. Morgan’s time. With this type of HRIS employees could clock in and out, this would all download to a system that Mr. Morgan is able to see, but that he doesn’t have to calculate all employee’s pay. This would help take out some of the risk factor of human error when determining…

    • 593 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Job 2: I want to clarify something for task #3 in this activity. The textbook states that at the part-time job, the daycare, after-school program, and other expenses will all be reduced by $25 per week. That statement is not completely accurate. The clothing expenses for job#2 will remain $25 each week. All of the other expenses mentioned will reduce by $25 each week.…

    • 411 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Payroll Taxes Case Study

    • 452 Words
    • 2 Pages

    How do payroll taxes levied on the earnings of workers affect their decision about how much leisure they consume? Americans during our time are living much longer and the payroll taxes levied on the earnings of the workers are not going to be enough to pay for those who are retiring. The affects of the decision about how much leisure they may consume will depend on if the real wages keep pace with the benefits offered in retirement. The fossils of today are very expensive and are now consuming over one third of the federal government’s budget. It is in their rational self interest to have the government find other ways to support these programs.…

    • 452 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Yes, we can be 95% confident that the trash bags are at least 50 pounds in strength because the lower confidence level is slightly more than 50 at 50.06 pounds.…

    • 630 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Payroll Accounting

    • 268 Words
    • 2 Pages

    I believe that the company should take some kind of action on the situation. Even though the company was at fault, Ken too should have done something rather than keep the checks that was sent to him. It is the right thing to do to return the sent checks instead of keeping something that he really did not earn. The company should talk to Ken about the checks and if he does not comply with the company, they have every right to take action and take Ken to court or other legal action. It is not right for an employee, which was terminated, to screw a company by taking their money. But on another hand, the Human Resources Department is at fault as well. It is their responsibility to make sure that such information is filed or sent to be filed so that such things like this will not happen and the company would not be losing any money whatsoever. So that no such things will happen again, the company needs to make sure that they give the information to the other end and that they should remind them about the situation because they to tend to forget. Some people do tend to forget something’s, but things that involved money are something that some companies do not want to mess up. In this situation, I believe that they should take action and do something about it and to fix things and to communicate better so that it will not happen to them again in the…

    • 268 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    11 Carson, Fran M. 12 Wilson, William A. 13 Utley, Harry T. 21 Fife, Lawrence R. 22 Smith, Lucy K. 31 Fay, Gretchen R. 32 Robey, Glenda B. 33 Schork, Thomas K. 51 Hardy, Barbara T. 99 Kipley, Carson C. Totals…

    • 703 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Chapter 7 Project

    • 21836 Words
    • 88 Pages

    The Payroll Project will provide you with extended practice in keeping payroll records and accounting for payroll transactions. Your completion of this project involves an application of the information learned in the preceding chapters. The work provided resembles that prevailing in the office of every employer in the United States subject to the provisions of the Federal Wage and Hour Law, income tax withholding laws, social security laws, and unemployment compensation laws. Even though most payroll systems now employ computers, it is important that the practitioner understand the operations performed by the computer. If your assignment involves the use of Appendix A (computerized option) to complete this project, it is suggested that you do at least one of the…

    • 21836 Words
    • 88 Pages
    Powerful Essays
  • Better Essays

    Payroll Accounting

    • 3235 Words
    • 9 Pages

    Payroll accounting has been greatly improved with the invention of accounting information systems (AIS). The process of payroll is a complicated one that involves many steps. From updating the employee information to printing the checks, almost all areas have been improved with the help of AIS. There are many things to keep track of when processing payroll from beginning to end. Many larger companies have turned to outsourcing payroll services to keep up with all of the taxes, withholdings, and other deductions, to name a few. Using a payroll provider can be helpful for small to medium sized businesses, but only if the benefit outweighs the cost of processing payroll in-house. If it is decided to process payroll in-house, there are several internal controls, such as segregation of duties, which will have to be established. These controls, if implemented correctly, can help to safeguard assets from theft and fraud. All aspects of business, especially payroll accounting, have been improved following the introduction of AIS.…

    • 3235 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Finally, this study aims to develop a reliable and manageable computerized payroll system for the contractual employee’s of Rumtec Engineering.…

    • 578 Words
    • 3 Pages
    Good Essays