REVIEW OF RELATED LITERATURE AND STUDIES
The aim of general payroll system is to provide easier and faster way to monitor the movement of salary in the business.It is a proper way to get an exact salary of employee regarding their minimum income.From this documents of payroll the salary will be illustrate the name of employee, the rate, the deductions for their benefits, deduction from damages and cash advance,computing a gross and giving the amount of net income.
CONCEPTUAL FRAMEWORK OF THE STUDY
DEFINITION OF TERMS AND VARIABLES
Payroll System is the heart of any Human Resources System of an Organization. The solution has to take care of calculation of salary as per rules of the Company. This Payroll System is a full-featured system that manages financial information of every employee in an organization. It computes and processes the payroll in the certain payroll period.
This Payroll System is also a flexible compensation administration solution.
It is designed to help human resource professionals as well as finance and accounting personnel to manage employee compensation, deductions, allowances, and benefits in an organization. The system is integrated with the Employee’s information, offers efficient features and functionalities to manage company’s expenses.
An employer uses a payroll system to process its payroll. Consequently, payroll cannot be processed without a payroll system. A payroll system allows the employer to pay employees on time and accurately, plus comply with other statutory regulations.
The very process in the making of payroll manually means that you, or another employee within your company, calculated each pay period Payroll entirely on paper. You will need to calculate the taxes, and any other appropriate reduction in addition to the actual earnings per employee.
The advantage of using a manual system is that it is very cheap process, with virtually no start-up costs. The disadvantage here is no soft copy that can save if necessary .It is pure hard copy only CHAPTER 111
1 CHAPTER 1
1.1.1.BACKGROUND OF THE STUDY
1.1.2.OBJECTIVE OF THE STUDY
1.1.3.STATEMENT OF THE PROBLEM
1.1.4.SIGNIFICANCE OF THE STUDY
1.1.5.SCOPE AND DELIMITION OF THE STUDY
2.1. THEORETICAL FRAMEWORK
2.1.1.REVIEW OF RELATED LITERATURE AND STUDIES
2.1.2.CONCEPTUAL FRAMEWORK OF THE STUDY
184.108.40.206.DIAGRAM OF SYSTEM FLOW
2.1.3.DEFINITION OF TERMS AND VARIABLES
3.2.RESEARCH INSTRUMENT USED
3.4.1.IDENTIFYING PROBLEM, OPPURTUNITIES AND OBJECTIVE
3.4.2.DETERMINING INFORMATION REQUIREMENT
3.4.3.ANALYZING SYSTEM NEEDS
3.4.4.DESIGNING RECOMMENDED SYSTEM
3.4.5.DEVELOPING AND DOCUMENTING SYSTEM
3.4.6.TESTING AND MAINTAINING THE SYSTEM
3.4.7.IMPLEMENTING AND EVALUATE THE SYSTEM
RESEARCH INSTRUMENT USED
Cite this Payroll System: Heart of Any Human Resources System
Payroll System: Heart of Any Human Resources System. (2016, Apr 28). Retrieved from https://graduateway.com/payroll-system/