Analysis of Payroll and Wage Accounting System at PT. Taco Pratama Nusantara Gresik

Abstract

Purpose: This study aims to determine how the payroll and wage accounting system is implemented and whether the payroll and wage accounting system supports the internal control system at PT Taco Pratama Nusantara. Methods: The research method used is a qualitative approach by collecting data through interviews, participatory observation, and document analysis. Findings: PT. Taco Pratama Nusantara which is engaged in the Trucking sector has implemented basic accounting functions including recording payroll and wage costs, creating cash disbursement evidence and financial reports. The financial documents used include salary and wage lists and cash disbursement evidence. The results of the analysis of the Internal Control System show that only a few components have been implemented correctly, while other components still need improvement in terms of organizational structure and work procedures. For this reason, the company is advised to start building a more systematic and well-documented payroll and wage system so that the process can run more transparently. Implication: In addition to ensuring transaction accuracy, the payroll and wage system has an application that should be the foundation of the accounting system. A well-structured and adequate accounting system and internal control system can help the process of calculating payroll and wages accurately, minimize fraud, reduce recording errors, data manipulation and misuse of funds. As a result, these actions become more structured which will have a major impact on increasing transparency and efficiency in the payroll and wage system in the future. Originality: This study shows that the significance of the payroll and wage accounting system for trucking companies at PT Taco Pratama Nusantara has not been widely discussed in previous studies. The method applied in this study provides a practical understanding of the application of the payroll and wage accounting system in the field.