alexa An Analysis of Computerized Accounting and Payrolling S
ISSN: 2472-114X

International Journal of Accounting Research
Open Access

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Research Article

An Analysis of Computerized Accounting and Payrolling System on Monthly Emolument in Nigerian Local Government:

Prof. Nnanta N. Elekwa & Eme, Okechukwu Innocent

Department of Public Administration and Local Government University of Nigeria, Nsukka.

 

Abstract

The paper focuses on computerized accounting system on monthly emolument of workers in the Payroll. Payrolling is the process of listing the names of people employed by either private or public establishments, showing the amount of money to be paid to each of them. The paper examines the pros and cons of computerized accounting system in wages/salaries administration, as well as factors that affect the applicability of computerized accounting system. It also identifies some rules and principles guiding the payrolling processes using the local government system as a case study. It is against this backdrop that this paper seeks to find out the extent to which payrolling is carried out in the Nigerian local government system. During the course of this study, it was discovered that payroll officers engage in all sorts of frivolous activities such that workers have lost confidence in them. The paper argues that the expected benefits derivable from a computerized accounting system exceed the costs/challenges associated with it. It therefore recommended that employers of labour, payroll officers, and wages/salaries administrators in general should keep pace with the evolution in e-governmental system, e-ecommerce, -e-payments, etc, which are all affiliated to computer system and a critical cost-benefit analysis should be considered indispensable before a decision is made on the use of either manual or computerized accounting system in computing employees’ monthly emolument

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