Preview

A Proposed Computerized Payroll System - 1

Powerful Essays
Open Document
Open Document
1171 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
A Proposed Computerized Payroll System - 1
A Proposed Computerized Payroll System
Chapter 1
THE PROBLEM AND REVIEW OF RELATED LITERATURE
Introduction
As computer technology changes at such fast phase, many businesses sectors try to cope up by upgrading computer system constantly in order to stay competitive. The multi function ability of technology for its advance system is also an important factor for a company to use software. It makes efficient use of the advance technology and has ambition to discover more. Computers have the great impact on the profession of accounting. With the rapid growth of technology today, there is no doubt that computer will become a common asset in all profession.
The program also allows the monthly payroll schedule to be calculated accurately. Just by having all employees’ info like name, working hours, wages etc to enter in the database. Therefore, payroll can be done with the guide of the program. The system is good in for its specialty in the fields of accounting. It is easy to use, effective and efficient in organizing and calculating the payroll. In addition, this studyaims to develop a reliable and manageable computerized payroll system for Dona Aurora National High School, Sta. Rita, Aurora, Isabela for a better manageable of a business. The Proposed Computerized Payroll System will give a big relief of the employee and employers as well.

Chapter 1
INTRODUCTION

Background of the Study
Nowadays all establishment are becoming modernized, they use modern technologies to make their transaction fast, easy, and accurate in order to avoid waste of time and for the sake of safety and security. It also helps human to solve and understand complex problem and analysis such us the computational need of humans. Especially to business establishment or corporation processing enormous data and complex transaction. Payroll is an example of a complex transaction because it is a critical business operation dealing with numerous accounts and produce plenty and confidential

You May Also Find These Documents Helpful

  • Powerful Essays

    This chapter* provides an overview of how the payroll process typically functions, using a payroll supplier, an in-house payroll process assisted by computer systems, or an in-house system that is entirely processed by hand. These descriptions also include flowcharts of each process and coverage of the exact controls that are most useful for each situation. Additionally, the chapter covers the types of documents used to set up a new employee in the payroll system, how to organize this information into a personnel folder, and how to process changes to employee information through the payroll system. As noted in the summary, the information in this chapter is supplemented with more detailed descriptions of specific payroll issues in later chapters.…

    • 6302 Words
    • 26 Pages
    Powerful 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
  • Powerful Essays

    Cookridge Carpets

    • 3707 Words
    • 15 Pages

    In order to complete this report I initially reviewed the Internal Control and Accounting Systems (ICAS) assessment book for Cookridge Carpets Limited.…

    • 3707 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Payroll System

    • 1603 Words
    • 7 Pages

    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.…

    • 1603 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Payroll Management System

    • 351 Words
    • 2 Pages

    Payroll Management system is to provide an option to generate the salary automatically every month. This software also equipped with to enter the attendance of each employee in the organization, it help them to track each employee attendance, based on this we can generate the salary. The software built to generate individual pay slip and summary of the payroll. It also has option to generate the report for Provident Fund and ESI. So they can take the print out of Provident Fund and ESI to submit to the department.…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The purpose of this study is to design and implement a payroll system that should accept employee hours, worked, compute net pay and record all the payroll data for succeeding processing.…

    • 1139 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Payroll System Thesis Ch1-3

    • 3498 Words
    • 14 Pages

    The main purpose of this proposed project is to design and implement the computerized payroll system. A computerized payroll system will be developed for handling the payroll system of “GJKids Sales and Development Inc.”. In the existing manual system, it is extremely difficult to handle large amount of data and generate valuable reports. Through automation, such sort of problems will be eliminated and reliable reports…

    • 3498 Words
    • 14 Pages
    Good Essays
  • Good Essays

    This undergraduate project Study “DEPARTMENT OF AGRARIAN REFORM (DAR) COMPUTERIZED PAYROLL SYSTEM” prepared and submitted by CLIFFORD Y. CACAP, HERWIN A. DAYSA and NELSON S. GENORA, in partial fulfilment of the requirements of the degree Bachelor of Science in Information Technology has been examined and is recommended for acceptance.…

    • 1150 Words
    • 5 Pages
    Good 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
  • Good Essays

    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…

    • 597 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Rrl of Payroll System

    • 1081 Words
    • 5 Pages

    Payroll is an application that lends itself well to the computer because of its repetitive procedures and calculation. A Computerized payroll system can perform the same basic function as those performed manually by payroll clerk. The important differences are the computer’s speed, accuracy, reliability, and ability to easily generate reports. In a computerized payroll system, the computer stores data such as an employee’s name, address, social security number, marital status, number of withholding allowances, pay rate and voluntary deductions. At the end of each pay period, the operator enters all payroll transaction data, such as regular and overtime hours for each employee and deduction into the computer. The computer calculates all withholding taxes and other deductions and accumulates and updates the earnings and withholdings. (Www.wadsworth.com)…

    • 1081 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Payroll Literature Review

    • 665 Words
    • 3 Pages

    Since the emerging of information technology and the introduction of computers, more work is effectively performed and successful results achieved. Right from government industries to nonprofit making organizations, the use of information technology has married with all types or rather patterns of activities in order to produce the desired results as an end product of the collaboration. In this day’s industries can effectively use information technology to work its daily activities without delays, failure or man made errors.…

    • 665 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Payroll Processing

    • 3614 Words
    • 15 Pages

    My Payroll is a web based payroll application. It should be able to process payroll and support basic payroll activities with some of the assumptions that we have considered to keep it simple. The purpose here is not to create a fully functional payroll application but to create a sample application and conceptually make it as close as possible to a real time payroll application.…

    • 3614 Words
    • 15 Pages
    Good Essays
  • Powerful Essays

    With the expansion of business the number of transactions increased. The manual method of keeping and maintaining records was found to be unmanageable. With the introducton of computers in business, the manual method of accounting is being gradually replaced. And finally, the database technology has revolutionised the accounts department of the business. organisations. In this lesson, we will study about characteristics of computer, role of computers in accounting, need of computerised accounting, etc.…

    • 3508 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    payroll system

    • 808 Words
    • 4 Pages

    LITERATURE REVIEW ON OUTSOURCING AREAPreviously, many companies used outsourcing and subcontracting to support their productionand manufacturing operation, especially for their low level function, such a labor, cleaningservices, etc. In addition, currently most of the core business functions in companies are shiftedby outsourcing, such as Finance function, IT function, and HR function. In several instances,companies hire a third party to perform and maintain their IT system and contract accountingfirms to support their finance system. According to Caruth, outsourcing is defined ascontracting the third party outside the company to perform the function that previouslyperforms in-house (2008).The increase of the outsourcing practices in many firms over the decade make the HumanResources function undergo several changes in term of services (Klass, 2008). This functiontraditionally has to handle administrative and transactional services for large number andseveral category of employee in a firm. Apparently by third party, several traditional HumanResources function was shifted, moreover by using technology, such as Business ProcessOutsource or BPO. These phenomena lead the staff reduction and made major changes inhuman resource function in company, more over it might bring several drawbacks to thecompany. In other hand, companies need to run this strategy in order to achieve the companystrategy based on the drivers that is compatible with the company condition.This literature review will elaborate the decision making in outsourcing the HR function byexamining the area of outsourcing, main drivers of outsourcing the HR function, drawback of outsourcing, and the effect of the function and career path in Human Resource Management.According to Caruth, there is several areas of HR Function which can and cannot be…

    • 808 Words
    • 4 Pages
    Satisfactory Essays