Thursday, October 10, 2019
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Fees Payment System of Red Link Institute of Science and Technology: A proposed study toward computerized Payment System Chapter 1 INTRODUCTION Background of the Study The technology today plays a vital role in our society. It makes man work easier and fast. It lessens error of work by using machines. It reduces costs to an organization from paper works up to computerized working system. Many manual transactions can be computerized by using software applications or computer systems to make work easier and efficient.It also helps human to solve and understand complex problem and analysis such us the computational need of humans. Payroll is an example of a complex transaction because it is a critical business operation dealing with numerous accounts and produce plenty and confidential files. Applying manual procedure on a Payroll transaction involving the vast beat answer in that problem would be computer because computers can simulate enormous data and can process complex transaction in a fast and efficient way.It can generate numerous accounts and data accurately. A Computerized Payment System will not only provide accurate calculation and fast process of Payroll transaction but it will secure data through security implementation and accordingly arrange files provided by a well designed database that will produce a paperless environment. Statement of the Problems The common problem of the study is how to improve the manual processing system of monitoring of student fees payment of The Red Link Institute of Science and Technology. 1.Time consuming process for the payment The Red Link Institute of Science and Technology still using the manual method of fees payment process. A lot of jobs are assigned to the payroll maker and accounting clerk, with causeââ¬â¢s inconvenience to their services. In this method, it will need more time and manpower to complete the payroll of each employee. 2. Laborious payment process Nobody could admit the inescapable fact that wha t makes the manual procedure take a long time to finish the task is due to the many steps and processes to undergo.There is the collection of data such as DTR, REMITTANCES, and individual manual calculation of payroll. Individual data is transferred through sheets, encoding and double checking after calculating. All this process requires labor and effort to complete the task. 3. Misposting and understating of employeeââ¬â¢s data The logical process of manual procedure result to too much time consumption. It often times result in misposting and understating of each employees data of plenty of files that is hard to accommodate. Objectives of the StudyThis study is intended to design and develop a Computerized Payment System for Red Link Institute of Science and Technology. Specifically, this study aims: 1â⬠¢ To minimize the effort of the User in processing the Payment Form. 2â⬠¢ To make an efficient and accurate computation of Payment. 3. To create a well-arranged database and to implement strong security of the system for data security. Significance of the Study The proposed system will help the accounting section. It will help to lessen the time and effort of the School staff preparing payments of Students.The System develop can accommodate changing figures and produce a paperless environment through well design database. To Proponents This study will help the proponents to enhance the ability on how to create an understandable computerized system in an easy way. This will serve to the proponents as a challenge to do a better system. To the other Researcher This study gives knowledge to the researcher on how to create a Computerized System in understandable way. This will serve as a fresh ground for the researcher whose study will be related in the field of Information Technology.
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