BACKGROUND OF STUDY Prompt payment of staff salaries by management of an organization boosts the morale of staffs and enhances productivity. Manual preparation of staff’s salaries is often associated with lots of problems‚ which often time disrupt the morale of workers. The problems ranges from arithmetic error in computation‚ delay in payment‚ underpayment or overpayment and so on. In this project work‚ automated system shall be developed which shall eliminate all the problems associated with the
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information system‚ taking advantage of the concept of data independence that allows sharing among diverse system – organized collection of data maintained and used with the aid of management information system (mis). It is a state of the art information system process and retrieve information ever faster‚ they are more robust in terms of the volume of data that they can process and in terms of reliability; and their performance is more cost-effective. The central component of information system‚ the database
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of time and attendance records of the barangay employees. Dealing with this problem‚ the proponents propose an Attendance Monitoring and Payroll with Online Inquiry System that will help the Barangay to eliminate tons of papers and upgrade the manual process in recording of time and attendance. An Attendance Monitoring and Payroll with Online Inquiry System serves as a time log that is set up as a computerized database. Using computerized database‚ the barangay can easily monitor the attendance
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Cost-Benefit-Analysis. In order to choose the best strategy that leads to our business goal‚ we ha have conducted Cost-Benefit-Analysis on the offering of Freemium account to potential customers to attract them and lead to buy the Premium Service. We had in mind that searching for and getting new customers for the business is expensive and beneficial. So we decided to invest on building a lasting and profitable business customer base‚ and instill trust into customers by offering an exceptional customer
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Cost Benefit Analysis A cost benefit analysis is important because it can help us decide what would be the total expenditure on a particular project along with the expected returns from the project. From a cost benefit analysis‚ it is easy to decide whether implementing the project will be a profitable deal for the organization or not. It is through the examples of this process that we can get a clear idea of how to proceed with this calculation. Definition As said above‚ a cost benefit
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SBGA Provides Quarterly and Annual Tax Relief with Payroll Services Program (1888 PressRelease) Building off nearly two decades of experience‚ the Small Business Growth Alliance SBGA is a leading provider of back office solutions to businesses throughout the United States. Irvine‚ Calif.- It’s that time again. While most individuals only have to worry about filing taxes once a year‚ business owners have to think about it at least ten times a year: two returns per quarter and two
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According to the 2007 American Payroll Association (APA) national online survey‚ “GETTING PAID IN AMERICA‚” more than two-thirds‚ or 67% of America’s workers would experience financial difficulties if their paychecks were delayed for just one week—indicating that workers are living paycheck to paycheck. In partnership‚ the APA and ADP‚ Inc. combined resources and payroll expertise to provide America’s workers with information on how to maximize additional income through strategic management of
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Direct Taxes: A Direct tax is a kind of charge‚ which is imposed directly on the taxpayer and paid directly to the government by the persons (juristic or natural) on whom it is imposed. A direct tax is one that cannot be shifted by the taxpayer to someone else. The some important direct taxes imposed in India are as under: Income Tax: Income Tax Act‚ 1961 imposes tax on the income of the individuals or Hindu undivided families or firms or co-operative societies (other tan companies) and trusts
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Checkpoint: Direct and Indirect Cash Flows Marlene A Broaddus-Waddell XACC-291 June 27‚ 2013 The difference between direct and indirect method of cash flows are the operating activities‚ which is the first section of the statement of cash flows. The investing and financing activities sections has no reported differences in the presentation of the cash flows. The direct presentation of cash flows displays cash receipts and payments from operations‚ more or less like the actual statement of
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Expenditures and Revenues Matrix and Summary Amber Pickett AJS/522 April 16‚ 2012 Park Atatah Expenditures and Revenues Matrix and Summary Budgets are significant in the budget formulation process. Budgeting as a tool is the make-up of public policy (Smith & Lynch‚ 2004). Budgets exist at all levels of government‚ local‚ state‚ and federal. When describing revenue sources in public budgeting‚ it is important to describe the source of revenue‚ the source of the funding‚ importance of
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