Question: Please help A TPS (Transaction processing systems) for payroll processing captures employee payment transaction data (such as a time card). System outputs include online and

Please helpPlease help A TPS (Transaction processing systems) for payroll processing captures employee

A TPS (Transaction processing systems) for payroll processing captures employee payment transaction data (such as a time card). System outputs include online and hard-copy reports for management and employee paychecks. Describe the following figure based on real-life case scenarios. Imagine what would happen to UPS if its package tracking system was not working! What would the airlines do without their computerized reservation systems? Employee Data To General Ledger Employee/File Database Payroll System Management reports Employee Number Name Address To government agencies Pay rate Employee paychecks Gross pay Federal tax FICA Medicare State tax Net pay Earnings (YTD) Online queries Payroll data on master file

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