ArticlePDF Available

Financial Management System

Authors:
Ms S.Meena
Ms S.Meena
Ms S.Meena
  • This person is not on ResearchGate, or hasn't claimed this research yet.
Mrs S.Girija
Mrs S.Girija
Mrs S.Girija
  • This person is not on ResearchGate, or hasn't claimed this research yet.
Mrs S.Kayathri
Mrs S.Kayathri
Mrs S.Kayathri
  • This person is not on ResearchGate, or hasn't claimed this research yet.
Download full-text PDF
Read full-text
Download citation

Abstract

The project entitled as “Financial Management System” The main objective is maintaining the company details and sends the daily report to the company manager. The admin can view the employee attendance details, employee registration details and sales details. This project contains two modules such as admin module and user modules. The admin can maintain employee details and sales details. In user modules, day by day update attendance details and product sales details in the system. So the admin can easily view product details and sales details and employee details in the system. The system can view day by day activities in the company process. The front end of the project is JSP and back end is MySQL.
Available via license: CC BY
Content may be subject to copyright.
Copyright © 2018 Authors. This is an open access article distributed under the Creative Commons Attribution License, which permits
unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
International Journal of Engineering & Technology, 7 (3.10) (2018) 71-72
International Journal of Engineering & Technology
Website: www.sciencepubco.com/index.php/IJET
Research paper
Financial Management System
Ms.S.Meena 1, Mrs.S.Girija 2, Mrs.S.Kayathri 3
1Master of Computer Applications
2Master of Computer Applications
3Master of Computer Applications
*Corresponding author E-mail: meenaselvarajmca@gmail.com
Abstract
The project entitled as “Financial Management System” The main objective is maintaining the company details and sends the daily
report to the company manager. The admin can view the employee attendance details, employee registration details and sales details.
This project contains two modules such as admin module and user modules. The admin can maintain employee details and sales de-
tails. In user modules, day by day update attendance details and product sales details in the system. So the admin can easily view
product details and sales details and employee details in the system. The system can view day by day activities in the company pro-
cess. The front end of the project is JSP and back end is MySQL.
Keywords: Employee Details; Sales Details; Product Details;
1. Objective
The project is used in companies for organizing employees inside
organization. The main objective is maintaining the employee
details, product details and sales details. This project is developed
by web based application. The admin can view and add the em-
ployee attendance details, salary details, product details and daily
profit or loss details. Using this system to reduce the paper work
and saving the time consuming. First when a user comes to the
company he has to be registered and in the manual system it is
difficult to verify whether he is already registered. But in the
computerized package it would be very easier to check all the
customer details. This project contains two modules such as admin
module, user modules. In admin module, the admin can maintain
the product details and employee details and view the employee
attendance details and salary details in the system. In user module,
the user can view the product details and update the attendance
details and sales details in the system. This project is reduced the
manual process and easily maintains the product details in the
system. In the existing system the transactions are done only man-
ually but in proposed system we have to computerize all the bank-
ing transaction using the software financial management system.
The system security is taken care of by a login form, which is
allows only authorized users to utilize the system. The main
aim/objective is to develop an effective system, which is fast,
accurate, consistent, reliable, and flexible enough so that in can
accommodate any further expansion.
2. Introduction
The project will maintaining the company details and sends the
daily report to the company manager, the admin can view the em-
ployee attendance details, employee registration details and sales
details, This project contains two modules such as admin module
and user modules. The admin can maintain employee details and
sales details. In user modules, day by day update attendance de-
tails and product sales details in the system. So the admin can
easily view product details and sales details and employee details
in the system, The system can view day by day activities in the
company process.
3. Problem Defintion
This project is developed by web based application. The admin
can view and add the employee attendance details, salary details,
project details and daily profit or loss details. Using this system to
reduce the paper work and saving the time consuming. This pro-
ject contains three modules such as admin module, employee
modules and customer modules. In admin module, the admin can
maintain the company and employee details. so you can send mes-
sage from home or office in a safe way. In customer module, the
customer can login the system and receive project in the system.
The message is automatically send to the admin Mobile.
4. Module Description
4.1 Admin Module
Login
Employee details
Attendance details
View Sales details
4.2 User Module
Registration
Login
Update attendance details
Sales details
72
4.1 Admin Module
Login
The administrator login pages same as a user login page. The only
difference is that the username and the password for this page are
not maintained in the table. After filling all the fields the adminis-
trator can click the button to sign in
Employee Details
Admin can maintain employee details in the system. the details
like emp name, id and position and salary and etc
Attendance Details
In this module, admin can view employee attendance details in the
system. The attendance details such as staff name, staff position
and in time, out time and staff leave details and so on. These de-
tails are stored in the database
Sales Details
In this module, the admin can view sales details like product name,
product id, seller name and price, buyer name etc. these details are
stored in the database
4.2 User Module
Registration
In this module every user have to login into our system otherwise
user have to register their details into our website after complete
registration user get a unique user id and password after that only
user can login in our website
Login
The login page is used for logging in the site authenticate person
allows for existing user. The user must first login to the site. After
filling all the fields and the user can click the 'Submit' button to
sign in
Update Attendance Details
In this module, user can update daily attendance details in the
system. The attendance details such as staff name, staff position
and in time, out time and staff leave details and so on. These de-
tails are stored in the database
Update Sales Details
In this module, the user can update day by day sales details like
product name, product id, seller name and price, buyer name etc.
these details are stored in the database
5. Existing System
The financial Managements are in existing system the works are
only doing manual work. So taking time is very high and not accu-
rate information is displayed. So the work is doing very low .The
manpower work is high compare to proposed.. The system is used
for daily activities such as booking, non delivery, out return, com-
pany details, and pickup centers. The company project data is
maintained in the registers, the modification of data cannot do
easily preparation of an up to data report is very complex, it re-
quire a lot of hard work and searching through the different regis-
ter so as to condense the data for presentation.
DISADVANTAGES
Manual process is high.
Time is value than all, so sometimes not completed the task within
the period.
Calculate salaries of the employees.
To maintain details of bookings manually
To maintain details of the incoming couriers
6. Proposed System
This project will reduce the time also it will be of great help in
carrying out company procedures and with this very objective in
mind this online recruitment process has been made. In this pro-
posed system admin will manage all such activities like product
details, View the Employee information, sales details, View and
update the Salary Report to particular Employee and that pro-
cessing will using the project save time, reduce manpower and
the biggest advantage of being it web based. . So the admin can
easily view company details in the system. The user can update
product sales details such as product name, price and buyer name
and etc. Using this system to reduce the paper work and saving the
time consuming.
Advantages
The system is such that is stands up to the user expectations like
easy and faster retrieval of information.
The system will be accessible by only the authorized users. As
information being the most crucial for the organization, then the
safety of information is importation.
The reports will give the significant amount of time and effort
invested by the employees time to time, by helping the manage-
ment to know about their employee’s capability.
6. Conclusion
This project is done by web-based and financial management Sys-
tem for the Group for a company. All employee information, new
employees’ details, relieved employees and salary report are total-
ly managed by admin. So admin workloads are reduced this pro-
ject. So admin was easily maintaining the company details in the
system. That the information’s are displayed are automatically
changed to monitor. This Project is employing people, developing
their resources, utilizing, maintaining and compensating their
services in tune with the job and organizational requirement.
There are two main modules are used such as admin module, user
module. The admin module maintains the employee and product
details in the system. The user just view the running process in the
system, the process are staff attendance details and product details
and view the status about the product. These are the modules run-
ning in the system. The front of the project is JSP package and to
store the details in the database using MYSQL.
References
[1] Horstmann, C.S/ Cornell.G, 8th Edition, “Core Java: Volume 1 –
Fundamentals, 8th Edition, Pearson Education
[2] Horstmann, C.S/ Cornell.G, 7th Edition, “Core Java: Volume 1 –
Fundamentals, 8th Edition, Pearson Education
[3] Rob Ericsson and Jason Cline(2007)s, “SQL Server 2005”,
Charles River Media.
... In the realm of system development, prior studies have delved deeply into the creation and optimization of admin modules across various sectors. These range from applications in e-grocery platforms [19], intricate academic procedures [20], [21], healthcare administration in hospitals [22], oversight of campus transportation [23], security infrastructures [24], [25], to the management of financial systems [26]. However, a discerning examination of the literature reveals a notable gap: dedicated research centered purely on the intricacies of admin modules remains elusive. ...
Quality Management System Admin Module Development: A Study in the Department of Computer Science
Article
Full-text available
  • Jun 2023
Elevating the quality of learning is central to ensuring academic programs align with national standards. One crucial aspect of this process is the semester-based learning planning. Traditionally, the Department of Computer Science orchestrates this planning by creating separate documents for various data points, including courses, CPL (Graduate Learning Outcomes), and CPMK (Course Learning Outcomes), which are then integrated into the RPS (Semester Learning Plan) document each term. This study seeks a solution to enhance the efficiency of such data management through the development of an admin module. The system, designed using the Rapid Test Development (RAD) approach and the Laravel framework, offers a more effective data management solution, subsequently elevating the pedagogical quality of the Department of Computer Science. In conclusion, an integrated approach to data management can make a significant contribution to educational quality. Through this research, the scholarly contribution provided is the introduction of a systematic model in educational data management to boost the efficiency and effectiveness of the learning process in higher education institutions
View
... The vulnerability of the financial system includes the vulnerability of financial institutions and markets. In the meantime, financial system has become increasingly fragile (Johnston et al., 2000;Liu, 2012;Tropeano, 2013). Explaining the financial fragility hypothesis from the perspective of the enterprise, Minsky (1982) thought that the intrinsic characteristics of an organization creating private credit could lead enterprises to face the dilemma of bankruptcy caused by a cyclical crisis; furthermore, the dilemma may have a negative impact in other areas and result in economic crisis. ...
Financial Vulnerability, Capital Shocks and Economic Growth: Evidence from China (2005—2014)
Article
Full-text available
  • Nov 2016
Taking the leading role of the banking industry in the financial system into consideration, this paper constructed a financial vulnerability index by using the method of principal component analysis, and found China's financial vulnerability showed a slightly upward trend in general. In order to confirm the macro factors affecting financial fragility, dynamic regression models were constructed. As a result, the authors obtained seven major macro factors. Finally, the authors determined that an overheated economy, increasing inflation, excessive growth of the country's fiscal expenditures, and export shocks will increase financial vulnerability. However, the increasing investment in real estates and fixed assets may reduce the risk in the financial market. Therefore, China needs to adapt to the new normal economic development model, weaken government intervention in the financial markets, deepen financial reforms, and maintain steady development in the financial system.
View
... In pursuance of such measures of governance via financial management systems, some schools of thought have identified several criteria that the financial management systems of NGOs and other donor funded projects must meet in pursuance of financial governance. One such major classification is proposed by Shizhen (2005) which includes financial reporting, accounting records and source documentation, internal control, budget control, cost allowance and cash management and compliance frameworks. ...
Determinants of Financial Governance Practices-Evidence from NGOs in Ghana. International Journal of Sociology and Social Policy, Emerald Vol. 33 Issue 1/2.
Article
Full-text available
  • Jan 2012
Purpose – The purpose of this paper is to explore financial governance as practiced by NGOs in Ghana and further examines the determinants of the financial governance structures of the NGOs. The study specifically investigates which organizational-level characteristics exhibit any link whatsoever with governance as it relates to budget preparation, budget execution and internal controls and budget monitoring. Design/methodology/approach – Using a questionnaire to conduct the survey, a cross-sectional regression analysis was executed. Findings – The findings of the study indicate that the most positively influential factor in explaining an NGO's adoption of a governance framework is its size. The other variables, organizational age and independence, are not significant across all three financial governance proxies and when they prove significant, the effect is negative. Originality/value – The findings hold important policy implications and especially so for countries that attract significant funding via relatively small-sized NGOs.
View
ANALYSIS OF ADEQUACY OF FUNDS, LIQUIDITY, AND CLAIM EXPENSES ON THE HEALTH OF SHARIA INSURANCE COMPANIES
Article
Full-text available
  • Jan 2022
In this globalization era, the business world adhering to sharia principles has begun to develop, not only banking financial institutions, but non-banking financial institutions, one of which is insurance institution also has started to adopt the sharia principles. Insurance institutions must grant the best company performance so that they can be comprised in the criteria for a healthy and appropriate insurance company in paying their customers' claims. Public trust in insurance is influenced by the health of the insurance company and the accuracy of insurance in paying claims. One way to assess the health condition of an insurance company is to use Return on Equity.Return on Equity at PT AIA Financial was still below the unsafe percentage because almost all the percentage of Return on Equity had been below 40%. Therefore, it was important to know what things influenced Return on Equity so that Return on Equity of PT. AIA Financial could be able to be in a safe spot. Furthermore, the way to observe the financial performance of an insurance company required to calculate the level of adequacy of funds, liquidity, and claims expense in advance. The research was aimed at determining the influence of the Adequacy of Funds, Liquidity, and Claims Expenses toward Company's Health Level which was projected in Return On Equity. The research methods applied in the research were descriptive and associative. The result of the research shows that the Adequacy level of Funds does not influence Return On Equity. Meanwhile, Liquidity and Claims Expenses does influence Return On Equity.
View
View
FINANCIAL VULNERABILITY AND INCOME INEQUALITY: NEW EVIDENCE FROM OECD COUNTRIES
Article
Full-text available
  • Feb 2019
This study explores, for the first time, how financial vulnerability affects income inequality across OECD countries, from 1990 to 2015. The empirics use a new financial vulnerability index constructed by Adrian and Duarte (2016). Through the methodology of their modeling approach, panel GARCH and GMM methods, the findings indicate that financial vulnerability exerts a negative impact on income equality conditions. The results survive certain definitions of income inequality and corruption, while they highlight the importance of financial stability conditions, with potential further repercussions to the real economy.
View
Determinants of financial governance practices: evidence from NGOs in Ghana
Article
  • Feb 2013
  • Int J Sociol Soc Pol
Purpose The purpose of this paper is to explore financial governance as practiced by NGOs in Ghana and further examines the determinants of the financial governance structures of the NGOs. The study specifically investigates which organizational‐level characteristics exhibit any link whatsoever with governance as it relates to budget preparation, budget execution and internal controls and budget monitoring. Design/methodology/approach Using a questionnaire to conduct the survey, a cross‐sectional regression analysis was executed. Findings The findings of the study indicate that the most positively influential factor in explaining an NGO's adoption of a governance framework is its size. The other variables, organizational age and independence, are not significant across all three financial governance proxies and when they prove significant, the effect is negative. Originality/value The findings hold important policy implications and especially so for countries that attract significant funding via relatively small‐sized NGOs.
View
  • Jan 2005
  • Rob Ericsson
  • Jason Cline
Rob Ericsson and Jason Cline(2007)s, "SQL Server 2005", Charles River Media.