GLOBAL RECIPROCAL COLLEGES GRC Bldg Rizal Avenue cor 9th Ave. Caloocan City Payroll System In Partial Fulfillment of the requirements For the Subject ITCS 211 Submitted by: Lu‚ Lyn‚ L. Sanchez‚ Frecis Balingit‚ Jembert Ballester‚ Gerlie Amandog‚ Jinine II- Galatians Submitted to: Mrs. Tupaz I.T. Professor Introduction As computer technology changes at such fast phase‚ many businesses
Premium Computer Convenience store
UNIVERSITY OF LUZON COLLEGE OF ACCOUNTANCY SY: 2011-2012 A PROPOSED AUTOMATION OF PAYROLL SYSTEM A PRELIMINARY INVESTIGATION REPORT (PIR) FOR FREEPORT SECURITY AGENCY (FREESA) IN PARTIAL FULFILLMENT FOR THE REQUIREMENTS IN SYSTEM ANALYSIS AND DESIGN (CSC36) Presented by: Khristine Margie G. De Guzman Presented to: Arnold D. Azurin Introduction: A payroll system involves everything that has to do with the payment of employees and the filing of employment taxes. This includes
Premium Cost Security Security guard
CHAPTER 7 Payroll Project L E A R N IN G O BJ E C T IV E S Chapter 7 consists of a simulation‚ or practice set‚ for payroll accounting. You will apply the knowledge acquired in this course to practical payroll situations. This simulation is a culmination of the information presented in the textbook. After completing this chapter‚ you should be able to: 1 2 3 4 5 6 Prepare payroll registers. Maintain employees’ earnings records. Journalize and post payroll and payroll tax entries. Complete
Premium Income tax in the United States Tax Wage
Payroll System Problem Statement 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 The old system is outdated and no longer adequately manages the payroll process and the entry of employee time card information.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
Premium Salary Human resource management Employment
Review Shawn Detamore Davenport University January 29‚ 2012 Payroll fraud schemes happen when an employee generates overcompensation for themselves. There are three types of payroll fraud schemes; ghost employees‚ bonus and commission schemes and falsified hours and salary (Shields‚ 2009). This type of fraud accounts for 17% of fraud that is committed in organizations (Shields‚ 2009). Back in May of 2009‚ a payroll manager and a retired employee of the Detroit Public School system worked
Premium Fraud High school Federal Bureau of Investigation
services at a low price. The current payroll system being of Citylane Grocery Store‚ Rosario branch is still being manually done. The employees time in and out with the use of Bundy clock and time cards. Then the accounting personnel will manually input the time in/out data of a certain employee to a Microsoft Excel Spreadsheet. In addition‚ viewing‚ adding‚ and editing employee information are also being manually done on MS Excel. Furthermore‚ the payroll computations are also being done by hired
Premium Microsoft Excel Computer Spreadsheet
Automated Payroll System Introduction: Every worker remembers his or her first payday. Whether the check was big or small‚ there was a deep satisfaction in tearing open the envelope and seeing that dollar sign. Over the years‚ the checks may arrive with less fanfare‚ but always with a strong sense of pride. This is the nature of work; fair and timely compensation for a job well done. Payroll‚ at its most basic‚ is the process by which an employer pays an employee for work performed. If you own
Free Employment Time
in all profession. 2. 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. The Proposed Payroll System will give a big relief of the employee and employers
Premium Employment Computer Computer program
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 working for a period of time. Payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies and they are subject to laws and regulations. The primary mission of the payroll department is to ensure that all employees are paid accurately and timely with the correct allowances
Premium Computer program System software Application software
Related Literature What is a Payroll system? A payroll system is an important application that should be used by businesses of any size. These systems are a guaranteed way to make sure your payroll is done on time and in compliance with all taxing authorities. Tax laws and rates have continually changed in recent years‚ new tax credits‚ expiration of old credits and rate changes can all affect the outcome of your payroll. These systems can be programmed to calculate taxes and deductions
Premium Taxation in the United States Tax Employment