A

Project Synopsis

On “Finance Management System”

“A Project synopsis submitted to Rashtrasant Tukdoji Maharaj Nagpur University for

partial fulfillment of the Bachelor of Commerce(Computer Application)BCCA-(3rdYear)”

Submitted By

Prathamesh Kamble Samyak Walke

Under Guidance of

Dr. Mohan Sawade

Co-guide
Mr.Amol Bawane

Indraprastha New Arts, Commerce & Science College, Wardha.

( 2023-24)

1. 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;

2.INTRODUCTION:- The project will 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 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.OBJECTIVE:-
The specific objectives of the project include:

❖ A. 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 employee 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.

❖ B. 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.

❖ C. 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 manually but in proposed system we

have to computerize all the banking transaction using the software financial management system.

❖ D. 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.

1. SOFTWARE & RESOURCE:- 2. Front End:-

HTML,CSS,JS
3. Back End:- MYSQL o
Xampp:
o Apache:
▪ (Application Server) Apache , often referred to as Server, is an open-
source Java Servlet Container developed by the Apache Software
Foundation. o MySqlServer:
▪ It handles larege databases much faster than existing solutions.
▪ It consists of multi-threaded SQL server that supports different back ends,
several different client programs and libraries, administrative tools, and
application programming interfaces (APIs)
▪ Its connectivity, speed, and security make MySQL Server highly suited
for accessing databases on the Internet.
o Sublime Text 3.1.1-Sublime Text is a sophisticated text editor for code, markup
and prose. You'll love the slick user interface, extraordinary features and amazing
performance. o Web browsers: Google Chrome,Mozilla Firefox, Opera and Internet
Explorer.
o

4. HARDWARE REQUIREMENT:-
Component Minimum Recommended

Processor 1.9 Gigahertz (Ghz) X86- 3.3 Gigahertz (Ghz) Or

Or X64-Bit Dual Core Faster64-Bit Dual Core
Processor Processor

Memory 2-Gb Ram 4-Gb Ram Or More

5.No of Module Description:-

Module 1:- Admin Module
Login
Employee details
Attendance details
View Sales details
Module 2:- User Module
Registration
Login
Update attendance details
Sales details
3. customer registration form
Login
Registration
Customer details forms

• 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
administrator 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 details 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.

• 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 details 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.

6.STRUCTURE OF THE SYSTEM:-

(Diagram)FMS

7.Existing system

• The financial Managements are in existing system the works are only doing manual work. So, taking
time is very high and not accurate 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, company details, and pickup center. 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 required a lot of hard work and searching through the different register 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.
 8.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
proposed 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
processing 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 employee time to time, by
helping the management to know about their employee’s capability.

9. Scope of FMS
Finance management scope involves understanding the business requirement ,making a plan ,and manage
all corporate transactions and managing the company assets such cash ,machinery ,land ,lacking
associated costs ,and ensuring the profit for the business.

10.Conclusion :-
This project is done by web-based and financial management System for the Group for a company. All
employee information, new employees’ details, relieved employees and salary report are totally
managed by admin. So, admin workloads are reduced this project. 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 views 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 running in the system. The front of the project is JSP package and to store the details in the
database using MYSQL.