2. •PROJECT NAME: GENIX ACCOUNTING
INCORPORATED
•PROJECT MANAGER: FE TAPAOAN
•CLIENT: PHIL TECH
•DURATION: 1 YEAR
3. EXECUTIVE SUMMARY
• GENIX ACCOUNTING INCORPORATED HELPS AND PROVIDES A SERVICE IN
COMPANIIES IN KEEPING TRACK OF FINANCES, REDUCE ERRORS, AND
PROVIDE ACCURATE INFORMATION ABOUT EMPLOYEE COMPENSATION. IT IS
OUR JOB TO ENSURE YOUR WORKERS ARE COMPENSATED CORRECTLY AND
ON TIME. FROM TRACKING HOURS WORKED TO CALCULATING EMPLOYEE
WAGES.
4. MISSION STATEMENT
• VISION: OUR COMPANY’S SUCCESS, WHICH IS CHARACTERIZED BY SUPERIOR
CUSTOMER SERVICE, HAS BEEN FOUNDED ON OUR DEDICATION AND
COMMITMENT TO EXCELLENCE. TRUST GENIX ACCOUNTING INCORPORATED
TO PROVIDE YOU THE HIGH LEVEL OF SERVICE YOU EXPECT AND DESERVE.
• GOAL: TO SET THE STANDARD OF EXCELLENCE FOR PROVIDING THE BEST
PAYROLL PRODUCT WITH THE ABSOLUTE BEST SERVICE POSSIBLE TO
BUSINESSES OF ALL SIZE.
5. OBJECTIVES
• TO REFINE OUR QUALITY, EXPAND OUR CAPABILITIES, INCREASE OUR
EFFICIENCY, AND ELEVATE THE SUPERIOR LEVEL OF CUSTOMER SERVICE WE
NOW PROVIDE TO HEIGHTEN THE STANDARD OF EXCELLENCE WE HAVE SET IN
THE INDUSTRY.
• TO REMAIN A RECOGNIZED LEADER IN PROVIDING PREMIER PAYROLL
SERVICES TO THE BUSINESS COMMUNITY.
• WE ARE COMMITTED TO SUPPORTING OUR CLIENT’S REQUIREMENTS BY
DELIVERING COST EFFECTIVE, ETHICAL, RELIABLE, AND HIGH QUALITY
SOLUTIONS, WHILE SUSTAINING A CHALLENGING AND REWARDING WORK
ENVIRONMENT FOR OUR GREATEST ASSET, OUR EMPLOYEES.
6. PRODUCT/SERVICE
• PAYROLL SERVICES TAILORED TO YOUR NEEDS
- OUR PAYROLL EXPERTS HAVE EXTENSIVE EXPERIENCE DOING PAYROLL ACROSS
VARIOUS INDUSTRIES.
• ON – TIME, EVERY TIME
- OUR PAYROLL SERVICE RELIES ON CLEAR AND TRANSPARENT PROCESSES AND
TIMELINES SO YOU NEVER HAVE TO WORRY ABOUT PAYING YOUR EMPLOYEES LATE OR
INACCURATELY.
• END – TO – END PAYROLL PROCESSING
- RECEIVE CLEAR PAYROLL REGISTER FOR APPROVAL AND PAY ALL YOUR EMPLOYEES IN
ONE CLICK. WE ENSURE THAT EVERY PAYROLL RUN IS SMOOTH AND AS EFFICIENT AS
POSSIBLE.
7. PROJECT DEFINITION
• GENIX ACCOUNTING INCORPORATED IS USER – FRIENDLY, COMPETITIVELY
PRICED SOLUTION SUITABLE FOR ALL COMPANIES LOOKING FOR A SIMPLE AND
CONVENIENT WAY TO PAY THEIR EMPLOYEES AND CONTRACTORS. IT HAS ALL
OF THE EXPECTED STANDARD PAYROLL FEATURES, SUCH AS AUTOMATED
TAXES, COMPLIANCES MANAGEMENT, PAYROLL REPORTS, VACATION
TRACKING, AND PHONE AND EMAIL SUPPORT.
8. FINANCIAL APPRAISAL
REGULAR HOUR 8
WAGE PER HOUR 70.00
WAGE PER DAY 70.00 x 8 = 560.00
OVERTIME RATE 25%
OVERTIME PAY 140
IF YOU WORKED 12 HOURS IN A DAY, YOUR OVERTIME IS 4 HOURS, THEN YOUR
DAILY WAGE WILL BE MULTIPLIED BY THE RATE OF 25% AND YOUR OVERTIME PAY
WILL BE 560.00 PESOS.
9. FINANCIAL APPRAISAL
• 13TH MONTH PAY
- MONTHLY SALARY: 17,000
- YEARLY SALARY: 204,000
1 MONTH – 17,000 x 12 (month) = 204,000 (YEARLY SALARY)
204,000 / 12 = 17,000 (13TH MONTH PAY)
YEARLY SALARY – 204,000 + 17,000 = 221,000
221,000 PESOS IS THE MONEY YOU WILL RECEIVE AT THE END OF THE YEAR
INCLUDING YOUR 13TH MONTH PAY.
