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Feasibility Study

INTRODUCTION:This project is made on the basis of distribution of salary of a company .Therefore; this project is named as PAYROLL SYSTEM. How accompany can maintain payroll system, these is shown in this project. This project does not show simple salary distribution .It shows all the contents e.g.H.R.A., D.R.A., insurance and income tax, which belong to three basis salary of the employees. We know that in a company different type if workers work. Some are on daily wages and they can be dismissed from the company at any time some workers in company work per monthly. Then, who the company will fix there basis salary, H.R.A, D.R.A, T.A, and insurance, this is also shown in this project. Next comes the concept of attendance, which many casual leaves and medical leaves are available to the employees and if any employee apply for leaves with out pay, then how the company will take decision about the salary of temporary and permanents employees.

Income tax is also an important concept in the pay roll system. This project tells us the condition about the income tax also which is pay able according to the yearly in come of the employees. Thus, this project shows the disobeying of day wise and also shows the yearly income of the employees. We have created this project in the excel work sheet .then, if we change the basis pay of any employees, then excel change automatically all the contents related to the basics pay of the employees. This show the main advantages of the electronic worksheet in excel. Also it plays an important role in the filed of pay roll system in any company.

PRESENTLY SYSTEM:In the BSNL telecom company have large man power but its work efficiency is low .in this salary is paid by manually by accountants. So we take some problems are:-

Salary preparation problem:1. Calculation difficult. 2. Timely not paid. 3. Search of record difficult.

4. Signature. 5. Mistake chance.

ALTERNATIVE SOULTION:Following are the alternative solutions of over comes the problem of the exiting:-

1. The first problem alternative to the problem is to increase the staff of the institution in order to speed up the work and paper monitoring of the system. 2. The second alternative is to shift the exiting system to a computer based payroll information system. The computerized system makes information retrial efficient fast and accurate & the required need of the information are minor in minimum time.

PROPSED SYSTEM:Keeping in view pros and cons of above alternatives, it is decided to shift the exiting system in computerized system. In computerized system calculations are made efficiency, faster, accurately and the required needs are met minimum time all the collocation and information are minted using the computer. Computer will accept input data from the user manipulates it processes it store it and gives the output information in the required from.

ADVANTAGES OF COMPUTERIZED SYSTEM:1) MINIMAL REDUNDANCY. 2) SHARING DATA 3) STANDAREDS CAN BE ENFORCED 4) SEARCH CAPABILTY 5) INTEGRITING 6) THE INTERFACE WITH THE PAST 7) THE INTER FACE WITH FUTERE 8) TUNABILTY 9) DATA MIGRATION 10) SIMPLICITY 11) FASTER DEVELOPMENT OF NEW APPLICATION 12) MORE CONTROL OVER CONCURRENCY.

FEATURES

1. Manage the daily attendance for the employ of the company. 2. Date wise reports 3. Easily maintainable and updateable 4. Timing setter 5. Shift wise attendance manageable 6. Multi level attendance entry 7. Multi level Reports 8. One software deals with multi company attendance management. 9. Easy to handle 10. And lastly secure and reliable

Feasibility Study
Operational Feasibility Technical Feasibility Economical Feasibility

Feasibility study:
Every project is feasible for given unlimited resources and infinitive time. Feasibility study is an evaluation of the proposed system regarding its workability, impact on the organization, ability to meet the user needs and effective use of resources. Thus when a new application is proposed it normally goes through a feasibility study before it is approved for development.

Feasibility and risk analysis and related in many ways. If a project risk is great and feasibility of producing software is reduced. During the feasibility analysis in this project has been discussed below in the above mentioned topics.

Operational Feasibility: In this type proposed system is as


follow

Emp.ID

PROCES S RECORD EMP. DEATIL SALARY

Technical Feasibility: In this type use of hardware and


software are HARDWARE RAM PROCESSER HARD DISK SOFTWARE MS OFFICE 2003 VISUAL BASIC 6.0 CRYSTAL REPORT 8.0 MINIMUM 1 GB 1.0GHz 280GB

Economic Feasibility: An evaluation of development cost is


weighted against the ultimate income or benefits derived from the developed system. In our report cost are as HARDWARE RAM 1GB PROCESSER HARD DISK SOFTWARE Rs. 1000.00 3000.00 3000.00 5000.00

DEVELOPMENT AND IMPLEMONTATION COST ESTIMATED TOTAL COST IS Their benefits are 1. storage data 2. Calculation accurate. 3. search capability Totally this project is economically feasible. 75000.00 87000.00

SYSTEM ANALYSIS:System analysis is to study the problem and device a solution of problem. It is the most important stage in the development of a system. A skilled system analyst gives proper attention in concluding the survey and defining the problem as it is the most crucial step for problem solving without proper understanding if problem as it is impossible to device the correct system. In case of present system, identification of problem stage involves the study of pitfalls of present manual system of payroll handing and the range of improvements over the present system.

FEASIBILITY REPORT
1. COVERING LETTER
This project is made on the basis of distribution of salary of a company .Therefore; this project is named as PAYROLL SYSTEM. How accompany can maintain payroll system, these is shown in this project. This project does not show simple salary distribution .It shows all the contents e.g.H.R.A., D.R.A., insurance and income tax, which belong to three basis salary of the employees.

2. TABLE CONTENTS
1. INTRODUCTION 2. PROPSED SYSTEM 3. ADVANTAGES OF COMPUTERIZED SYSTEM 4. Features 5. Feasibility Study 6. SYSTEM ANALYSIS 7. Feasibility REPORT

3. OVERVIEW
The second alternative is to shift the exiting system to a computer based payroll information system. The computerized system makes information retrial efficient fast and accurate & the required need of the information are minor in minimum time.

4. TECHNICAL FEASIBILITY FINDINGS


In this use of hardware and software are HARDWARE RAM PROCESSER HARD DISK SOFTWARE MINIMUM 1 GB 1.0GHz 280GB

MS OFFICE 2003 VISUAL BASIC 6.0 CRYSTAL REPORT 8.0

5. COST AND BENEFITS ANALYSIS


ESTIMATED TOTAL COST IS Their benefits are Storage data Calculation accurate. Search capability Totally these projects are economically feasible. 87000.00

6. OPRATIONAL FEASIBILITY FINDINGS


Our system are more reliable and good working .it is very easy for handling and give timely report and best result of payroll management system.

7. CONCLUSION
It reduces paper work and save time. It is more efficient and easy to handle, it is very difficult to work without computer in a big company .in the present days, and computer is the first need of present generation. We have seen how the computerized payroll system differs from the manually prepared contents of payroll. It reduces paper work and save time.