Online Payroll System Essay

This chapter presents a brief reciprocation and introduction about the proposed strategy, the Online Payroll organisation. Its conceptual frame mold, the cover of the existing manual of arms of arms based governance as well as the automated process of the proposed ashes, the fusss and the possible panaches to minimize the hassle of the existing arrangement, and the objectives and signifi croupce of the prove. substructureEvery employee needs to be paid for the services he provides. For this to happen, the employer moldiness have a paysheet department department system in place. So obviously, on that point are benefits to be derived from using a paysheet system. A payroll system is the method practiced by payroll professionals to pay employees for their services.As computer technology changes at such libertine phase, many melodyes sectors pick up to cope up by upgrading computer system constantly in order to stay competitive. The multi-function ability of technolo gy for its advance system is overly an important factor for a company to use software. It grows effective use of the advance technology and has ambition to discover more. Computers have the great blow on the profession of chronicle. With the rapid growth of technology today, there is no doubt that computer go forth become a common asset in each(prenominal) profession. The program also eitherows the monthly payroll history to be calculated accurately. Just by having all employees info standardizedname, working hours, pay rate many others to enter in the entropybase. Therefore, payroll shag be done with the guide of the program. The system is good in for its specialty in the fields of accounting. It is clear to use, effective and efficient in organizing and calculating the payroll. In addition, this study aims to develop a reliable and controllable computerizedpayroll system for Eastwoods Professional College of Science and Technology for a remedy manageable of a busin ess. The Proposed Online Payroll arrangement will give a big relief of the employee and employers as well.Payroll consists of the process by which a business pays its employees for work performed during a specific period. A payroll system allows businesses to follow a set series of processes in order to make timely, correct payments incompliance with government regulations. A payroll system may be manual or computerized and handled in-house or outsourced to another provider. The payroll process typically includes calculating employee pay, recording payroll traffics and determining and paying payroll tax incomees. A company must have in place a timekeeping system that accurately reflects the hours put in employees as well as the regular salary payments for exempt workers. Employers typically withhold federal income tax from employee earnings at the end of the year, they must report all salary, tips and other compensation paid.The solution has to take care of calculation of salary as per rules of the company. This Online Payroll System is a full-featured system that manages financial information of all employee in an organization. It computes and processes the payroll in the certain payroll period.This Online Payroll System is also a flexible compensation administration solution. It is designed to alleviate human resource professionals as well as finance and accounting personnel to manage employee compensation, deductions, allowances, and benefits in anorganization. The system is integrated with the Employees information, offers efficient features and functionalities to manage companys expenses.Background of the StudyNowadays all establishment are becoming modernized, they use modern technologies to make their transaction straightaway, easy, and accurate in order to avoid waste of time and for the stake of safety and security. It also helps human to solve and understand labyrinthine problem and analysis such us the countingal need of humans. Especially t o business establishment or corporation processing enormous entropy and complex transaction. Payroll is an example of a complex transaction because it is a circumstantial business operation dealing with numerous accounts and produce plenty and hole-and-corner(a) files. Payroll is encompasses both(prenominal) 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 can simulate enormous data and can process complex transaction in a fast and efficient way. It can bring numerous accounts and data accurately. An Online Payroll System will not only provide accurate calculation and fast process of Payroll transaction but it will secure data through security implementation and accordingly arrange files provided by a well-designed database that will produce a paperless environment.Conceptual FrameworkThe host self-containe d close to data and information by conducting feasibility studies on heads of every department in EASTWOODS Professional College of Science and Technology by conducting an hearing with them on how the substance abuser monitor and manage the items respectively, specifically to the main user of the inventory which is the admin. a. Process of the Existing Systemb. Process of the Proposed System story of the ProblemThe existing system expected to encounter problems with regards in the manual computation of the employees income. It might have an error in the computation because it is manually calculated. Moreover, the manual system needs so much thrust and spends so many papers which is obviously expensive. Due to this, the developers think of the variant possibilities wherein, the problems that were encountered in the manual-based payroll system will be taken away. The study intends to minimize the hassle in bookkeeping and calculating the employees income.The group seeks to answer the following1. Can the system decrease the hassle in data storage and calculation ofemployees income of the payroll systems? 2. Can the system be able to surpass on the following criteriaAccuracy bailReliabilityAccessibilityEfficiencyFlexibilityEffectiveness and Functionality3. From manually to online way of data storage and calculation of employees income in the proposed payroll system, what are the different advantages?Objective of the StudyGeneral ObjectivesTo develop a network-based payroll system for Eastwoods Professional College of Science and Technology, that is user-friendly, more accurate, more efficient, and can easy produce reports of the transactions double-quick.Specific ObjectivesIn order to fulfill our objective, we will observe the following1. To conduct an interview about the current payroll system. 2. Observed how the current payroll system performs the operations. 3. To identify the different problems of manual payroll system. 4. To help the municipal hall and the employee to make their work faster and shorter. 5. To identify problems in using the system through data fuse diagram. 6. To design a new system that is an online based. deduction of the Studya. economical SignificanceFor the system is paperless, the proposed system is economically significant because it can lessen the expenses such as spending money for buying papers.b. Educational SignificanceThe proposed system is educationally significant because the administrator may discover some new learning on how to develop and improve the system so that it become more reliable and more useful. c. Operational SignificanceThe proposed system is very significant when it comes to the operation because it can avoid the hassle in calculating the employees income. Moreover, through the proposed system, it can lessen the error in calculation. Also, the data encoded in the proposed system is secure when disaster comes likes flood, typhoon, tsunami and many others. d. good SignificanceScope and LimitationThe scope of the developed system is to generate an Online Payroll System which is capable of calculating the employees income. The main user, which is the admin can use this Online Payroll System to calculate and store the encoded data online. The proposed system can automatically calculate the employees income after the admin encode all the information needed. Compare to the manual based system, this is more accurate, fast and easy to use. Moreover, every employee can access the Online Payroll System so that they can monitor their income individually. The project is developed by the Administrator and it will work only in EASTWOODS Professional College of Science and Technology. The proposed system is accessible in all web browser such as Google Chrome, Mozilla Firefox, Opera, Internet venturer and many others. There are 2 users that can access the system, the Admin and every employee. The Admin can view reports of the calculation of employees income. The proposed sys tem is useful as long as the internet connection is present.