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.
Payroll System is complete Payroll software right from Employees Personal Information, Pay Structure, Loans, Reimbursement, Pay Slip Generation & Printing, Salary Register, P.F., E.S.I., Profession Tax, Income Tax, and L.I.C. Reports etc. Added to the above reports, standard formats for annual submissions of PF, E.S.I., and P.T. are also generated automatically. This software can be used by Industrial units, Distribution Agencies, Departmental Stores, Consultants, Business Houses and Contractors Etc. The developers of the package follow a predefined pattern so that the user has the ease of use and can utilize the package to its fullest extent. Care has been taken so that the software is as much user friendly as possible and any suggestions on improvements in this regard are welcome. The use of this package is a must for personnel departments in various Industrial houses since it will help in reducing monotonous manual labour and produce accurate results for salary and related calculations.
Payroll System with Time keeping and Fingerprint refers to the records - paper or electronic - and calculations that you make to work out your employees' pay and deductions