Description of the Existing System
The proposed payroll system provides accurate and efficient computation of employees’ salary. The computation which includes deductions takes less time to accomplish. Attendancerecording and monitoring thru the Daily Time Record is included in the system which makesgetting the total number of hours worked fast and easy. The payroll covers all the transactionsfor all types of employees and contains payroll information of employees such as the ID, name,position, address, etc. who would receive an automatically generated salary for each payperiod.The payroll process starts by getting the hours worked by the employees within theinclusive dates. After getting the hours worked, the system automatically computes salary forthe given pay period. The salary of the permanent employees is based on the position while thewages of the employees with contractual status is based on the departmental project budget.The Leave of Absences of regular employees is deducted from the leave points, which is 1.25days gain per month. The computation includes deductions of personal shares of which are:GSIS, Pag-ibig, Philhealth, and withholding tax and other deductions such as loans. Accuratecalculations are done in order to come up with the correct amount of salary. Computation forthe Benefit and Allowance of permanent employees that receive Allowances such as 13
monthpay, clothing allowance and productivity allowance is also included in the payroll.