INTRODUCTION Every employee needs to be paid for the services he provides. For this to happen, the employer must have a payroll system in place. Without it, chaos occurs, as employees will become upset if their checks are inaccurate (or worse, if they don’t get paid) due to a haphazard payroll structure. So obviously, there are benefits to be derived from using a payroll system. A payroll system is the method used by payroll professionals to pay employees for their services. Regardless of the type of system used, there are basic Introduction
Payroll System is the heart of any Human Resources System of an Organization. The solution has to take care of calculation of salary as per rules of the Company. This Payroll System is a full-featured system that manages financial information of every employee in an organization. It computes and processes the payroll in the certain payroll period. This Payroll System is also a flexible compensation administration solution. It is designed to help human resource professionals as well as finance and accounting personnel to manage employee compensation, deductions, allowances, and benefits in an organization.
The system is integrated with the Employee’s information, offers efficient features and functionalities to manage company’s expenses. Payroll System Problem Statement The study specifically seeks to answer the following problems in manual payroll process: • Speed in processing payroll tends to be slow. • Prone to mathematical errors that could consume much time than it should and could cause financial or legal trouble. • Tallying of time cards is done manually. • Time consuming in double checking the consistency of all the reports. • Difficult and time consuming in keeping up-to-date in taxes and other deductions. Storage of files is susceptible to be damaged as well as lost of data. Significance of Study • Speed in processing payroll will have a faster performance by means of decreasing the manual input areas. • Mathematical errors will be prevented by automatic computations that the proposed system will provide and you may not have to worry about having financial or legal trouble. • Tallying of time cards will be done automatically by including a computerized employee log-in system in the proposed system which will be responsible in computing the time the employee worked. The proposed system will record all data in all reports at the same time so you can make sure they are consistent and it also saves time. • Employers will never have to spend much time in keeping up to date with taxes and deductions because the system will be designed updated to such deductions. • Storage of files will be safe and secured with “username and passwords” and can easily be accessed. Scope and Limitation After several interviews and observations, the researchers have come to identify how the payroll works. The aim of the research is to provide a specific school, Hillcrest Baptist Academy, a computerized payroll system.
The proposed system will guide the employer through all the stages of the process. Payroll System Documentation DEVELOPMENT OF WEBSITE FOR JARO DEVELOPMENT CORPORATION 2-1 Chapter 2 THEORETICAL FRAMEWORK 2. 1 Introduction Information System is processing of information received and transmitted to produce an efficient and effective process. One of the most typical information systems is the Transaction Processing System. Transaction Processing System collects, stores, modifies, and retrieves the transactions of a certain organization.
The process of retrieving, modifying and transmitting data to be stored using information system is referred to as transaction. Transactions occur is known to be a part of records. All of these records were originally kept in paper. When a certain organization uses a certain transaction processing system, retrieving and transmitting of information will be available at anytime needed. The number and volume of transactions can be calculated for a given time period. It eliminates time constraints and efforts in terms of having several order transactions on electronic 2. Statement of the Problem 2. 1. General Problem
The user consumes a lot of time in calculating each employees Salary and recoding as well. 2. 2. Specific Problem It took several hours to finish a manual calculation for the Employees salary. It also consumes a lot of time to search for their names one by one and it’s not well organized. After a manual calculation has been done, the user still has to encode it for a record. The computation that have been made is also need to be written on a brown envelop together with their cash pay. 3. Objective of the Study 3. 1 General Problem The user will save a lot of time with less effort in calculating each employees Salary and recoding as well.