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IDENTIFYING PROBLEM, OPPURTUNITIES AND OBJECTIVE 3.4.2. Chapter 1: Introduction 1.1 About the Study GJ Kids Group is an experienced global chemical distributor that provides creative and innovative sourcing solutions, quality raw materials and product alternatives to industry manufacturers in the Philippines.
A payroll system allows the employer to pay employees on time and accurately, plus comply with other statutory regulations.
EXISTING SYSTEMThe 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.
Over the years they have established themselves as reliable and reputable sellers of industrial and fine chemicals serving industries all over the Philippines.
Their key markets include the soap and detergent industry, paints and coatings industry, and food industry.
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.
A payroll system allows businesses to follow a set series of processes in order to make timely, correct payments in compliance with government regulations.
A payroll system may be manual or computerized and handled in-house or outsourced to another provider.
An employer uses a payroll system to process its payroll.
Consequently, payroll cannot be processed without a payroll system.