Assignment No6

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ASSIGNMENT NO.

SYNOPSIS OF PROJECT
SOFTWARE NAME- PAYROLL SOFTWARE

CHAPTER 1

1. INTRODUCTION
Many developed industries almost every organization prefers payroll
software to maintain employee records up-to-date and is used frequently by
Human Resource Management.
It helps an organization to stay focused on business operations and
refers to the administration of employee’s personal details. It consists of
many important features such as employee name and their identity card,
designation, birthday, date of joining, basic and gross salaries, net pay,
wages, deductions such as provident fund, taxes, loan, advance taken if any,
allowances like mobile and travelling allowance, commissions etc.

1.1 Scope/Importance of the Project -


Payroll is very simple, flexible and user-friendly Management
software. That takes care of all your requirements relating to accounting and
management of employees' Payroll. Payroll stores complete records of the
employees, generates Pay-slips and Attendance Register, Computes all
allowances and deductions and generates all statutory reports.
Payroll Application has been designed for the purpose of maintaining
details of various allowances and deductions that needs to be given to the
employees of the organization.
1.2 Overview of the Project –
The Payroll Management System is deliberately planned to
facilitate on cost-cutting with high qualitative results as per the needs
of any successful organization and gives a hand to deal with
complexities of management with an ease.
1.3 Advantages of Payroll Software –
1) Fast and Efficient
2) Reliable and Accurate
3) User Friendly
4) Easy to Access
5) No Documentation
1.4 Features -
1) Preparation of salary.
2) Printing of Windows Based user friendly software.
3) Maintenance of rich electronic records of employees
available at station.
4) Pay slips.
5) Attendance record.
6) Standard report generation
1.5Objective
The basic objective is to learn the concept behind the payroll
system, and to learn new technologies like Swings programming
by implementing this concept practically.
 Understanding and analyzing the problem statement.
 Identify the input and output requirements of the system.
 Designing a userfriendly interface to interact with the system
implementing and deploying the system.
 Preparing a well-organized documentation of the project to
understand the system and it’s working.
CHAPTER 2

2.LITERATURE SURVEY
In the system study the existing system and new proposed system. In
system study that what are the draw backs, and limitations exist. What are the
needs of existing system and also study what the new proposed system, how
the new proposed system removes the draw backs &limitations of the
existing system. In this section we study the advantages of the new proposed
system.

2.1 Study Of -

2.1.1 Existing System -


The organization is maintaining most of their day-to-day transaction
data in the registers. The employee of the organization are doing whole
work manually. All the work is done manually, so different employees are
appointed for the maintainace of registers ontaining all the information
releted to the organization.
It is very time consuming and is also not error free in some situation.
In existing manual system database calculations are difficult to perform so
report generation as very much difficult.
The existing system is totally based on manual system. Existing
system has many draw backs in comparision of computerized system.

2.1.2 Drawbacks of Existing System –


1) Time Consuming
2) Services and Working Condition
3) Not easy to Understandable by New Users
4) Need more Speace to Store
5) Difficulties in Data Sharing
6) Difficulties in Retrieving Information
2.2 Information Gathering Tools -
1) Internet
2) Chat gpt
3) AI
4) Google / Chrome

2.3 Need For a New System -


To enhance the working of the fine Tech organization, which was
completely handled manually, the improvement was thought on the basis of
computerizing the major activities. The following factors were foreseen for
the improvisation:
1. Identify the Opportunity to Improve Business Functions
2. Improves Services and Working Conditions
3. User friendly
4. Data Security
5. Data Redundancy
6. Easy to Access
7. Cost Reduction
8. Time & Efforts Reduction
9. Security mechanism
CHAPTER 3

3. ANALYSIS OF SYSTEM
Analysis is a detailed study of the various operations performed by a
system and their relationship within and outside of the system. A key question
is: What must be done to solve the problem? One aspect of analysis is
defining the boundaries of the system and determining whether or not a
candidate system should consider other related systems.
During analysis data are collected on the available files, decision points
and transactions handled by the present system. Some logical system models
and tools are used in analysis are data flow diagrams, interviews, on-sight
observations and questionnaires etc.
Once analysis is completed, the analyst has a firm understanding of
what is to be done. The next step is to decide how the problem might be
solved. Thus, in system design, we move from the logical to the physical
aspect of the life cycle.
CHAPTER 4

4.REQUIREMENT ANALYSIS
4.1 Requirements Specification –
The proposed project full fill all the requirement of the user although it
related to booking of the tickets or with calculations and it also provides all
the necessary features which is needed by the user of the software It is a
structured, precise document, which defines each and every system service
and constraint in detail. It may also be known as The functional specification
and is generally used as basts for a contract between the user and the software
developer.
 Functional Requirements :-
The proposed project fulfills all the functional requirements of
the organization. These are those requirements that define the
functionality of the software system. Like of a, Attendance of a
employee, making Pay slip. They are descriptions of the project
functions.
 Non-Functional Requirements :-
These are those requirements that place a constraint under the
system operates for example response time or on the
development process such as the choice of the programming
language.
CHAPTER 5

5. Hardware & Software Specifications –

Minimum Hardware Specifications:-

 System Type : Personal Computer

 Processor Type : 1.79 GHz or higher.

 RAM : 256 MB or higher.

 HDD : At least 1000 Mb of free space for Good


performance. 25 Mb space required to install.

Software Requirements :-

 Operating System : Windows 10

 Other Software : JDK1.6


CHAPTER 6

6. DESIGN

6.1. DFD (Data Flow Diagram)


CHAPTER 7

7. Algorithm
The detailed design for the algorithm is shown below:

STEP 1 – START
STEP 2– PAYROLL SYSTEM
- Begin
- Call GetPayDetails Using HoursWorked, HourlyRate
-Call CalcPayroll Using HoursWorked, HourlyRate,
OvertimePay, GrossPay
-Call DisplayPayroll Using HoursWorked, HourlyRate,
GrossPay
- End
STEP 3 – GETPAY DETAILS
-Begin
-Display 'Please enter the hours worked: '
-Get HoursWorked Display 'Please enter the hourly rate of pay: '
-Get HourlyRate
-End
STEP 4 – CALC PAYROLL
-Begin
-If (HoursWorked is greater than 40) Then
Begin { If }
Calculate OvertimeHours as HoursWorked - BasicHours
Calculate GrossPay as (BasicHours * HourlyRate) + (OvertimeHours *
1.5 * HourlyRate)
End { If }
-Else
-Begin { Else }
-Calculate GrossPay as (HoursWorked * HourlyRate)
End { Else }
-End
STEP 5 – DISPLAY PAYROLL
-Begin
-Display Gross Pay
-End
STEP 6 – END
CHAPTER 8

8. BUDGET

8.1 Direct Costs-


 Material Cost-
1. Printer Papers – R s.100/-
2. Laptop – Rs. 80,000/-
3. Printer – Rs. 4999/-
4. Mouse - Rs.200/-

 Machinery Cost-
1. Biometric Devices -Rs.6,650/-
2. Barcode Scanners -Rs.2999/-
3. Router – Rs.400/-

8.2 Indirect Costs-


1. Electricity – Rs. 1000/-
2. Documentation Materials – Rs.500/-
3. Furniture – Rs. 10,000/-
4. Fan And Light – Rs.2000/-

8.3 Miscellaneous Costs-


1. Cleaning Cloth – Rs. 250/-
2. Tea/coffee Machine –Rs.15000/-

8.4 Total Cost-


Rs.1,24,098/- (One Lakh Twenty- Four And Ninety-Eight Only)
8.5 Cost Estimation-
Total Cost Calculation – Rs.1,24,098/-
Production= 500
Profit Margin= 60%
Selling Cost= 40%
Total Cost Calculation * Production= 62,049,000
So, Profit Margin= Rs.42,024,000 /-
Selling Cost= Rs.20,024,000/- (approx.)
CHAPTER 9

9.CONCLUSION
This application can be further enhanced to cover each aspect of the
institutes. Payroll management system will be extended towards a complete
management package for the institute. It will really help to manage and
organize the employees’ detail very efficiently and effectively. The
application will prove itself as a powerful tool which enhance the working
power of the administration department and can help in improving overall
management of the institute.
The following are some of the important enhancement that can take place into
the current working software application :-
 This includes management of employees salary and each kind of
financial features which helps the institute as a financial tool.
 In this System an Administor easily Modify and Update the any
Employee’s information.
 Easily add new user in database.
MAHARASTRA STATE BOARD OF TECHNICAL
EDUCATION

Certificate
This Is Certify That (1502) Ms. Nikita Borhade Of Fifth Semester Of

Diploma In Computer Engineerring Of Institutes S.H. Jondhale

Polytechnic, Dombivli (West) (Code:0044) has completed the subject

satisfactorily in course capstone project planning For The Academic

Year 2023-2024 as prescribed in the curriculum.

Place:- Dombivli
Date:-

Course Teacher Head of the Department Principal

Seal of
Institute

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