| 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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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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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 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
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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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2.17 PAYROLL PROCEDURE The processing of payroll can produce errors in several places‚ which calls for a detailed process flow that also incorporates several controls. This procedure can be used to ensure that payroll is handled consistently on a repetitive basis. The actual process flow may vary somewhat from the steps noted below‚ since there may be differences related to the use of manual‚ computerized‚ or outsourced payroll processing solutions. The most likely version of the procedure‚ including
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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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establishment or corporation processing enormous data and complex transaction. Attendance and payroll monitoring are examples of complex transactions since these involve in critical business operations dealing with numerous accounts and produce plenty and confidential files. Both encompass every employee of a company who receives a regular wages or other compensation due to each. Attendance and payroll management are also very important in every member of an organization or in a company wherein a
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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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and record operations in an expeditious and refined manner. Payroll provides all employee of a certain business or establishment who gets and acquires earnings or other payment in line for each. The electronic and computerized Payroll System and at the same time information management system will not only offer exact calculations and accurate data of designated employees but it will also implement security measures and confidentiality of the files and accordingly arrange documents provided by an
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Introduction 1.1 Background of the Study A Proposed System Payroll systems include any and all types of financial statements that involve the payment of an employer’s employees‚ as well as any statements that relate to the filing of employment taxes. Not only are statements included within these types of systems but the actual functions of printing‚ delivering or electronic transfer of employees’ funds are also included. Amongst a payroll systems statements are records of the amount of hours an
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