Payroll management Ppt

Payroll management Ppt

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  PAYROLL MANAGEMENT Sanvels ConsultingServices I Pvt. Ltd.
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  INTRODUCTION Payroll Management Systemis basically used to build an application program, that a company uses to manage the records of the employees working in the company. Only the administration has the legal rights to work with the system. Employees can only log on to the system to see their current status. www.sanvelsinfo.com Click
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  PAYROLL SYSTEM ISUSED TO : • Create records • Delete records • Save records for employees according to their information given to the administration of the company. www.sanvelsinfo.com Click
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  PROJECT OBJECTIVES • Toimprove efficiency of company’s administration. • To store up-to-date information of the employees. • To make the employees understand the rules of the company. • To reduce extra cost for the security of the database. www.sanvelsinfo.com Click
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  TECHNICAL ISSUES • Howthe program saves data? • How errors are detected and how the error messages are to be displayed? • What happens when we try to overwrite the data? • Is the software user-friendly? www.sanvelsinfo.com Click
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  PROJECT DESCRIPTION The termpayroll encompasses every employee who receives a regular wage or other compensation. The different payment methods are calculated by a payroll specialist and the appropriate paychecks are issued . After a payroll accountant multiplies an employee’s hours by his/her pay rate, the gross income amount is entered into a computer program… www.sanvelsinfo.com Click
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  • Regular deductionssuch as tax withholdings, medical insurance etc. are then categorized and subtracted. The remaining balance is then converted to a check and becomes the employee’s net pay for that time period. • Setting up an effective payroll system is not difficult for trained professionals, but it can be very time consuming. www.sanvelsinfo.com Click
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  • A payrollsystem involves everything that has to do with the payment of employees and the filing of employment taxes, keeping track of hours, calculating salary, printing and delivering checks etc. • • • • • • • Few of the possible deductions are:Health insurance Vacation days Sick days Employee loans Child support payments Workman’s compensation www.sanvelsinfo.com Click
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  THE MOST IMPORTANTMODULES OF THE DESIGN ARE : • Employee data • Payroll records • Rates • For the employee data module, one has to keep track of the id no., name, pension plan agreement and payroll of an employee. www.sanvelsinfo.com Click
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  CHOOSING A PAYROLLSYSTEM It becomes difficult to find out the payroll system you specifically require. The criteria that help one to do so are as follows:• Security • Compatibility • Credibility • Flexibility www.sanvelsinfo.com Click
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  Software required The Payrollcan be managed using the Java, Ms Access and some other Platforms. Many payroll management software are available in the market to make the administration to maintain the Payroll of its employees at a very faster phase. The management can buy those software or create one such for it easy use.. Sanvels Consulting services Provide you such Payroll software at affordable cost.. www.sanvelsinfo.com Click
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