IMPACT OF AUTOMATED ACCOUNTING SYSTEM ON PAYROLL PREPARATION IN SOME SELECTED LARGE ORGANISATIONS

📄 Project Abstract

This research project is aimed at studying the impact of automated accounting system on the payroll preparation in large organisations selected from both Lagos and Ota. In an attempt to study the impact of automated accounting system on payroll preparation; data were collected through administration of questionnaires to various large organisations located in Ota and Lagos. The data were analysed and average mean score were. The four hypotheses were tested using correlation co-efficient, analysis of variance (ANOVA), Mean score and using goodness of fit test (chi-square). The study showed that computerisation is an effective tool of communication and achievement of organisational goals; however majority of the respondents remained indifferent as to whether computerisation reduces the labour force. The result of the hypothesis tested also showed that application of modern computer packages may not necessarily bring permanent solution to accounting and payroll processing problems in organ...