is currently having difficulties in managing employee records‚ generating on-time payroll reports and maintaining confidentiality of employee’s records. Specific Problem 1. Inefficient file management. Difficulty in locating files and some specific files cannot be found and causes inefficiency of service. 2. Inconsistency in generating on-time salary reports. Difficulty in generating on-time payroll reports that causes delay in releasing of salaries that leads to less productivity of employees
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organizations refrain from providing training because of its cost elements involved. How far do you agree with this policy. It is true that training involves a lot of cost but it also has many advantages. The cost are incurred though different ways; a) The procurement of training material and various media like computers‚ handouts‚ and audio visual. b) Trainers fees‚ travelling arrangements c) Lodging and boarding cost d) Costs involved on losing a man day at work for sending him for
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IN/LOG OUT WITH PAYROLL SYSTEM FOR FH COMMERCIAL INC.” 2. AREA OF INVESTIGATION: The proposed topic “Biometric Fingerprint Scan Log In/Log Out with Payroll System for FH Commercial Inc.” will be created using Code Gear Delphi2010 and Seagate Crystal Report. The Payroll System will be connected with the Biometric Fingerprint Scanner. The scanner‚ aside from providing accurate and efficient monitoring of the employees’ time and attendance‚ will also make payroll computation faster. The
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solutions to its clients that are defined by outmost reliability‚ lowest cost‚ and highest quality standards. GJ Kids Companies are strategically operating locally through its subsidiaries in the National Capital Region‚ Cavite‚ and Bulacan‚ and though its overseas offices in China The proponents have chosen to make an Automated Payroll System for GJKids’‚ specifically in its Sulphonation facility‚ which still uses a manual system to generate and compute the pay for the employees. 1.2 Abstract
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Payroll In a company‚ payroll is the sum of all financial records of salaries for an employee‚ wages‚ bonuses and deductions. In accounting‚ payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons. From an accounting perspective‚ payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations. Definition
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will maximize profit by producing that level of output at which A. the additional revenue from the last unit sold exceeds the additional cost of the last unit by the largest amount. B. the additional revenue from the last unit sold equals the additional cost of the last unit. C. total revenue exceeds total cost by the largest amount. D. total revenue equals total cost. E. both b and c 2. The function a decision maker seeks to maximize or minimize is the ________ function. A. optimal B. decision-making
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Information system has two categories which is manually or Computer Based Information System (CBIS). Before CBIS‚ data were done manually. This manual process is called non-computerized system. Meaning all the information were written and stored in cabinet files. Non-computerized is not efficient because searching for a certain information is time consuming and it is confusing. To eliminate this problem‚ a system is created known as Computerized System or CBIS. Computer Based Information System (CBIS)
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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 files. Payroll is encompasses every employee of a company who receives a regular wages or other compensation due to each. Applying manual procedure on a Payroll transaction involving the vast beat answer in that problem would be computer because computers
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| Contents Chapter one:- Introduction 1.1. Significance of the Project 1.2. Current Status of the Existing System 1.3 Statement of Problem 1.4 Objectives 1.5 Scope and limitation 1.6 Significance of the Project 1.7 Beneficiaries 1.8 Schedules
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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
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