Payroll System Documentation
2941 WordsNov 14th, 201012 Pages
Information Technology is the study, design, development, implementation and support management of information system. It helps to produce, manipulate, store, communicate and/ or disseminate information.
We used the term information technology or IT to refer to an entire industry. In actuality, information technology is the use of computers and software to manage information. In some companies, this is referred to as Management Information Services (or MIS) or simply as Information Services (or IS). The information technology department of a large company could be responsible for storing, protecting processing, transmitting and retrieving the information as necessary.
Nowadays all establishment are becoming modernized, they…show more content…
It is more widely used by all users that have a computerized system by different sectors. And a Database Management System is software who operates database providing storage, access, security back-up and other facilities.
The implementation of this proposed system is a great help for the Holy Child College of Information Technology Inc. especially to their HR Department, Accounting Department and as well as Finance Office. They lessen their job and they can manage their payroll processing accurately.
The Holy Child College of Information Technology Inc. located at Allah Valley Drive, Surallah South Cotabato was on its eight years operation. The school in the municipality of Surallah offered a Technical and Collegiate courses. The said institution was lack of facilities such as any computerized system had not been implemented. The said school wishes to utilize an existing hardware and software as soon as possible. As a pioneering graduating student for the Bachelor of Science in Information Technology we are tasked to develop a propose system as part of our Capstone Project.
We found out that the main problem of the said institution is difficult to process payroll transactions because of their manual payroll procedure that takes a long time to finish their task due to many steps and processes to undergo.
Other problems we found out are as follows:
• Hard in processing payroll slip and payroll form
• Difficulty in
...INTRODUCTION PROJECT DESCRIPTION AND BACKGROUND Payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. The reason why payroll plays a vital role in an establishment is because it affects the net income of a company. This also ensures that all employees are given their salaries/wages in a precise and timely manner Through the passing era our system of computing for employee wage/salary, taxes (deductions), and bonuses has been manually computed by hand (with the help of the use of calculators and other means of computation) making the estimation subject to inaccuracy and errors. This also adds to longer processing time of the payroll which means late pays for the employees of the company/establishment. Through the use of technology, payrollsystem has greatly developed. Now, the payrollsystem is more effective and efficient in generating summations/deductions of employee salaries, taxes and bonuses. 1.1 BACKGROUND OF THE STUDY MVA was founded on April 18, 2002 by Ms. Joan S. Gamboa. The institution, MARY’S VILLE ACADEMY, started with its original name… MARY’S HEART LEARNING CENTER with (1) rented unit, a single attach bungalow located at Block 23 Lot 20 Villa Susana Subd., Malitlit, Sta. Rosa, Laguna with 36 Preschooler from the Nursery, Kinder, and Preparatory Level. During the first year of...