PAYROLL word on blue binder place on weekly time sheet and payroll summary report human resources concept

What is a payroll system and what you need to know about it?

Payroll systems are very basic when it comes to business operations particularly if you have more than than five employees.  In layman’s term, payroll is actually the company’s list of its employees, however this term is usually used to refer to: the total amount of money that a company pays its employees, a company’s records of[…]

Philippine-Payroll-software-advantages-disadvantages-manual-vs-computerized-payroll

Advantages and disadvantages of a manual vs computerized payroll system

What are the advantages and disadvantages of a manual payroll system vs a computerized payroll system?  Will a manual payroll be acceptable for your company or do you have to switch to a computerized payroll system? During the course of the development of the Philippine Payroll Software we have always asked the same question, “how[…]

Payroll Software Enterprise

Getting started with computerized Philippine payroll system

The Philippine Payroll Software (Payroll PRO) is one of the pioneers in computerized payroll accounting in the Philippines.  Released in 1999 by Mustard Seed Systems Corporation, it is now used by more than 4,000 companies nationwide.  How do you get started with a computerized payroll like this?  What should you do and why make the[…]

Philippine Payroll Software updated on government regulations

Philippine Payroll 101: All about Withholding Taxes on Compensation

Withholding Tax is mandatory requirement of the government in computing your business payroll in the Philippines. This deduction is part of the program embedded into the Philippine Payroll Software (Payroll Pro). Lifting from the Bureau of Internal Revenue’s (BIR) official website (www.bir.gov.ph), withholding tax on compensation income is defined as “tax withheld from income payments[…]

Philippine Payroll Software updated on government regulations

Philippine Payroll 101: PAG-IBIG FUND

The Philippine Payroll Software (Payroll Pro) includes PAG-IBIG FUND as part of the government required deductions in its payroll software. Originally called the Home Development Mutual Fund (HDMF), PAG-IBIG was previously under SSS and GSIS so membership is compulsory. In May 1986 it was temporarily suspended until August 1 of the same year. From this[…]

SSS/JANUARY 15, 2016
The Social Security System (SSS) Building East Avenue, Quezon City.
INQUIRER PHOTO / RAFFY LERMA

Philippine Payroll 101: Social Security System (SSS)

To help you better understand the process of Philippine Payroll we have decided to share some knowledge about the local payroll setting.  Let us start our topic with some of the deductions and benefits found in your payslip.  These topics will talk about  various government requirements and their relation to payroll processing.

SOCIAL SECURITY SYSTEM (SSS)

Republic Act No. 1161 gave birth to the “Social Security Law”. This was further amended by Republic Act No. 8282 otherwise known as the “Social Security Act of 1997”. […]

Free Philippine Payroll Sofwtare training

Free payroll software training for all

Are you having problems managing your business payroll?  Do you want to use computerized payroll software but do not know how to implement it?  Philippine Payroll Software is offering a free payroll training for all. The free training will allow you to learn the following: Benefits of using a computerized payroll system. Basics in payroll[…]

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What are the benefits of using a Payroll System?

Why should you buy a payroll system?  Do you really need a payroll software?  This article will answer that question and help you decide in buying. Payroll is one of the most important task among business processes in a company.  The more employees you have the harder this task becomes.  Payroll software systems are designed to[…]