Chapter 1 Payroll System Essay

Business may be understood as the organize efforts of enterprise to supply consumers with goods and services for a profit; they treat their customers right, so they will be able to experience meaningful way. They respect the clients, it creates the opportunity for them to resolve the problem or issue and make them comfortable. They provide excellent service and enthusiastically satisfaction to their clients. * Organizational structure PRESIDENT Provide leadership to position the company at the forefront of the industry. Develop a strategic plan to advance the company’s mission and objectives and to promote revenue, profitability, and growth as an organization. It oversees company operations to ensure the production efficiency, quality, service, and cost-effective management of resources. FIRM MANAGER Overall responsible for the Firm office, employees, and in monitoring all the Income and Expenses of the store under the firm. He is also responsible for leading or coordinating the strategic planning functions of the company. HUMAN RESOURCES MANAGERS Responsible for managing the employees, supervises the activities of one or more functional areas within Human Resources Department, and provides consultation and technical direction within the assigned functional areas of Human Resources. HUMAN RESOURCES ADMINISTATION ASSITANT Responsible for the 201 files on the Rank and File employees and monitor the efficiency and attitude of all the employees under the Firm. * Existing System Overview A system analyst combines knowledge of information systems and business that will meet business needs. Individuals in this profession may come from a technical or business background. They often specialize in a particular business area such as financial, accounting, and scientific for which they have expertise. * Existing System Manpower * Existing System Outline * Existing System Flowchart * Statement of the Problem There can be human errors such as typographical mistakes; such mistakes that might lead to problems in the final tallying of the balance sheets. There can also be issues in accounting if the transactions are not updated on a daily basis. The accountant may forget to make entries of data of previous dates. * Project Objective/s The primary objective of any organization is to maximize profits and wealth attribution to the owners of the firm. The main objective of Human Resources Management is to manage the workers and employees in an enterprise in the best manner. Human Resources Management is to maintain effective communication with employees so that the management may be passed to the employees and the problems and grievances of workers may also be communicated to the management. * Significance of the Study 1. For the Company * Studying business allows you to understand strategy, marketing, finance, accounting, and managing people. By having an understanding of how these things work may find that you are better equipped to work in some jobs. Even if you don’t end up specifically working in one of those areas, it will help you to understand what other people working on. It also gives you credibility. 2. For Future Researcher 3. For the Proponents * Scope and Limitation This study is concentrated in First Integrated Repriorment Management and Consultancy, involving the Human Resources Department on how their payroll system goes and the process itself.