Payroll System Chapter 2

Chapter 2

REVIEW OF RELATED LITREATURE

In this Chapter includes the companies that also use the payroll system, where in the researcher gets some reference on how their payroll system works automatically. And also includes the program that helps the researcher on creating the system.

CONCEPTUAL LITERATURE

They use the manual payroll system, where I the worker’s salary, pay slip, deduction and daily time record was computed manually through the use of payroll sheet.

FOREIGN LITERATURE

Titus Information Payroll System

Some of the features and benefits of the payroll system are multiple cost centers for payroll reporting, will handle special non-taxable benefits for ministers, flexible withholdings capability, ability to split payroll expenses between different cost centers, complete governmental reporting; Federal Unemployment Tax Act (FUTA), State Unemployment Tax Authority (SUTA), workman’s compensation, W-2’s and 1099’s, payroll check reversal, one check capability, salaried hourly and contract employees in the same payroll run, combined processing for weekly, bi-weekly, semi-monthly or monthly, taxable and non-taxable benefits and deductions, multiple hourly rates for each employee, general ledger interface, check list Unique Factorization Domain (UFD) file for check reconciliation , extensive personnel information for each employee, accrual of sick, vacation and holiday hours, flexible federal, state and local taxation, multiple company, department and sub-department capability, flexible benefits and deduction capability easy federal, state and local tax table maintenance, split income over multiple companies, departments, sub-departments, payroll accrual/reversal capabilities, time card data entry function, special message function for printing on check stabs.

(http://www.titusinformationsystems.com/main/payroll.asp)

Learning’s: Titus Information Payroll System was deign to produced payroll checks with appropriate withholdings, benefits, allowances,...