Professional Documents
Culture Documents
Payroll System
Payroll System
COMPANY NAME:
FABRO CONSTRUCTION
CH A P T E R 1 :
INTROD U C T I ON
FABRO CONSTRUCTION, A GENERAL BUILDING
AND GENERAL ENGINEERING CONSTRUCTION
FIRM, WITH A BUSINESS ADDRESS OF #104
LINGSAT, CITY OF SAN FERNANDO, LA UNION. IT
IS OWNED AND MANAGED BY MYRA CLAIRE
FABRO-PALMONES.
MYRA CLAIRE FABRO-PALMONES
MANAGER
RUEL M.
ORGANIZATIONAL
NARCEDA
PROJECT ENGINEER
ROLLY CARREON
CHART
MATERIALS ENGINEER
RODOLFO
OPERATOR BALADAD JR. LABORERS
FOREMAN
BOOKKEEPE
TECHNICIAN MECHANICAL
R
CARPENTERS/
LABORERS TIMEKEEPER
MASON
B. PROBLEM DEFINITION
MISSTATEMENT AND MISPLACEMENT OF
INFORMATION
The company has no existing payroll system. In some
circumstances, brought about by the absence of such
system, misstatement and misplacement of relevant
accounting information may occur.
B. PROBLEM DEFINITION
DIFFICULTY IN ASSIGNING SALARIES
The company maintains a labor policy of salary
according to skill. As such, in case of
simultaneous projects, it is hard for them to
account each laborer's just salary.
B. PROBLEM DEFINITION
CONFUSION IN CLASSIFYING EXPENSES
Fabro Construction grants each laborer some benefits
such as medicines, assistance in building their own
house, Christmas incentive, etc. Confusion as to
whether the disbursement of money is properly
accounted, as to wage or to benefits, may arise.
B. PROBLEM DEFINITION
TIME CONSUMING
It takes time for them to compute for the
direct labour, considering the number of
workers and their own specific
deductions.
C. OBJECTIVES OF THE STUDY