1

MARKET ASPECT
Product Description
The Saluyot Veggie noodles is a unique noodles and will give a unique taste that will
surely patronize and well- accepted by all classes of consumer, have desirable green color and
have no distinguishable odor and difference in texture compared with regular noodles. : Canton
Noodles with Saluyot is a -carotene rich noodle prepared from a blend of wheat flour, saluyot
puree, salt, and egg and noodle improver. It is green in color and a 50 g serving will provide
15%, 18% and 36% of the Recommended Dietary Allowance (RDA) for energy, protein and
vitamin A respectively of 4-6 year-old children.
This product can be cooked similar to that of the commercially available noodle products.
MARKET POTENTIAL: Noodle products are popular among Filipinos and other Asian
nationals. The noodles with saluyot may also be a potential export product to Japan, China and
other countries due to its uniqueness, good nutritional quality and sensory attributes. The
increasing awareness of consumers on nutritious food products will surely make this noodle a
leading product in the market. The technology and production is simple and require locally
fabricated equipment. Hence, saluyot leaves is very nutritious being rich with vitamins and
minerals generally promotes good health and well-being. According to the study conducted by
Department of Biochemistry and Nutrition that aside from being rich in vitamins and minerals
saluyot can be used as treatment e.g. inflammation and pain such as arthritis, headache, and
stomach ache. Saluyot being rich in fiber it helps control blood pressure, cholesterol build-up,
diabetes and prevent heart disease as well as being rich in vitamin A that can provide health
benefits for good eyesight.
Saluyot can be cure for many diseases, this will be a factor that will influence costumer to
buy our product in response to prevailing nutritional problems in our country, costumers may
become more health conscious and aware of eating healthy is one key contributing factor in
staying health which can lead long life.

As outlined earlier, this business venture will seek to produce unique products on local
market, using a vegetables which consumed by many throughout the region. This venture will
create employment for our citizens.

Market Description

The Veggie Noodles Manufacturing potential market are the wholesalers in Tacloban City
and nearby Cities and Municipalities. The business will be focusing in Tacloban City hence it is
the center of commerce, trade and industry in Eastern Visayas. Another reason is the majority of
the proponents are living in Tacloban City.

The market coverage of the business is on Tacloban City, it is located in Marasbaras,

Tacloban City, but it can also serve to another people which came from nearby cities and
municipalities.
The target market of the business is for those who are vegetable noodle lovers and haters.
Then for those who are health conscious whose ages 3 years old and above and for those who
maintain their healthy lifestyle.

Demand Analysis

Demand Analysis provides basis for analysing market influences on different products
manufactured by a business unit and helps in adjusting and adapting such influence. An analysis
of the demand is part of the important task of identifying the need of the consumers in
determining whether they are willing to buy and has the capacity to pay for the product which
the business is planning to produce.

Historical Demand
This will be based on the total quantity demanded by the retailers, wholesalers and etc. to
the suppliers of Noodles (saluyot) and it is being tallied and totalled to get the overall total
volume of production every year.
Table 1
Historical Demand of Canton related Products
2011-2015
(Per PACK)
Gaisano Central

Year Diamo
nd
Pancit
Canton

Golden
Stick
Pancit
Canton

Shrimp
Pancit
Canton

Gaisano Capital

Robinson's Place

Diam
ond
Pancit
Canto
n

Golde
n
Stick
Pancit
Canto
n

Shrim
p
Pancit
Canto
n

Diam
ond
Pancit
Canto
n

Golden
Stick
Pancit
Canton

Shrimp
Pancit
Canton

TOTA
L
QUAN
TITY
DEMA
ND

GRO
WTH
RATE

2011

465

650

479

373

564

328

437

942

1,004

5,242

______

2012

553

969

850

423

550

444

517

1,079

1,190

6,575

25.43%

2013

684

993

915

617

709

460

668

1,135

1,535

7,716

17.35%

2014

715

1,163

1,007

789

931

908

782

1,329

1,779

9,403

21.86%

2015

893

1,348

1,230

866

1,265

1,025

906

1,540

2,084

11,157

18.65%

Average Growth Rate

Source: Based on conducted interview at Gaisano Capital, Gaisano Central and Robinsons Place Tacloban

This tabulated data above illustrates further that the historical demand of noodles in the
five years from 2011 to 2015 significantly increases. The table is divided into three supermarkets

20.82%

namely, Robinsons Supermarket, Gaisano Central and Gaisano Capital. Each of the supermarket
offers different kind of noodles that is divided into three which are the Diamond Pancit Canton,
Golden Stick and Shrimp Pancit Canton.
In the year 2011, noodles related products business accumulated a total of 5,242, and
continued to increase after two years in operation, then a super typhoon hit the city on 2013, it
decreases to 17.35%. Since 2014 the basis of its growth were based on 2013. Of all the
supermarkets in Tacloban City, Robinsons Supermarket are the most visited by its customers.
Since Filipinos love to eat. Most people try to buy something that is best anytime
of the day. People can make it a snack and stress relieving food. And it brings many health
benefits that most of the people are looking for.

Projected Demand

Table 2
Projected Demand
Veggie Noodles Manufacturing
2017 2021
(Per Pack)

Year

Quantity Demand

2017

33, 829 .6

2018

40, 872 .92

2019

49, 382 .66

2020

59, 663 .99

2021

72, 086 .03

Table 2 presents the projected demand of veggie noodles industry from 2017- 2021
projected as a basis number of demand to be fulfilled. The tabulated data shows that within the
span of five years 19% of veggie noodles ascending increase of demand as shown in the table
shows that there is increase of veggie noodles business in the market.

Supply

Supply refers to the total amount of a service available for obtaining at any
specified price. Supply is determined by: (1) Price: producers will try to obtain the highest
possible price whereas the buyers will try to pay the lowest possible price both settling at the
equilibrium price where supply equals demand. (2) Cost of inputs: the lower the input price the
higher the profit at a price level and more services will be offered at that price. (3) Price of other
goods/services: lower prices of competing goods/services will reduce the price and the supplier
may switch to switch to more profitable products thus reducing the supply.
The Veggie Manufacturing will supply clients through region. Based on the data gathered
by the proponents it shows that the supply of such service is needed to sustain the demand of
customers that is increasing every year because other business cannot cater the demand of the
clients.
It is best to propose a manufacturing business to supply the growing demand in the
market place that other noodles company cannot provide.

Table 3
Historical Supply of Canton related Products

2011-2015
(Per PACK)
Diamond
Miki
Factory
Year

2011
2012
2013
2014
2015

Rhea Noemi
Foods Product

Lim Seng hua

Food Products
Corp.

Golden
Stick
Pancit
Canton

Shrimp
Pancit
Canton

TOTAL
QUANTITY
SUPPLIED

520

730

550

1,800

600

1,020

925

2.545

41.39%

713

1,119

1,000

2,832

11.28%

820

1,200

1,100

3,120

10.17%

990

1,550

1,430

3,970

27.24%

Diamond
Pancit
Canton

Average Growth Rate

GROWTH
RATE

________

22.52%

Source: Based on conducted interview at Gaisano Capital, Gaisano Central and Robinsons Place Tacloban.

The table 4 shows the historical supply of noodles related products that is show from
2011 up to 2015 with the total of 1, 800 in 2011, 2, 545 in 2012, 2, 834 in 2013, 3, 120 in 2014
and 3, 970 in 2015. It is based in the conducted interview in the three supermarket in Tacloban
City.
The growth of supply each year held by supporting the increase of demand in the
marketplace. Since the supply cannot cater the demand of its client, issues of inadequate supply
in the market arise, it gives burden and slow movement of supply to the jam business as needed
by the customer.

Projected Supply

Table 4
Projected Supply
Veggie Noodles Manufacturing
2017 - 2021

Year

Quantity Supplied

2017

18, 378

2018

22, 511.73

2019

27, 581.37

2020

33, 792.69

2021

41, 402.64

Table 4 shows the estimation of supply of the proposed business Veggie Noodles
Manufacturing. The total projected supply in the year 2017 and 2021, are 18, 373 and 41, 402.64
respectively.
The proposed business is best to establish wherein it has the capability to meeting the
demands of clients at a high standard quality product to be given.

Demand Supply / Gap Analysis

Table 5

Demand- Supply Gap Analysis

Veggie Manufacturing
2017-2021
(Per box)

YEAR

DEMAND

SUPPLY

DEFICIT

DEFICIT
PERCENTAGE

2017

33, 829 .6

18, 378

15, 451.60

45.67%

2018

40, 872 .92

22, 511.73

18, 361.19

44.92%

2019

49, 382 .66

27, 581.37

21, 801.29

44.15%

2020

59, 663 .99

33, 792.69

25, 871.30

43.36%

2021

72, 086 .03

41, 402.64

30,683.39

42.56%

Average Deficit

Percentage
44.13%

10

Projected Capacity, Volume and Market Share

Table 6
Projected Deficit, Projected Production Volume and Market Share
Manufacturing
2017-2021
(Per box)
Year

2017

2018

2019

2020

2021

Deficit

15, 451.60

18, 361.19

21, 801.29

25, 871.30

30,683.39

Projected Production
Volume

24000

144000

216000

288000

360000

Market
Share %

11

Marketing Program
This is one of the big factors in managing or putting up a business. It helps to strategize
to the owner on how to market this product. Marketing program is applied as defined factors to
improve Veggielicious Noodles from time to time of its operation.
1. Product

2. Price

12

The proponents ensure that the price of their product is affordable for continued
patronage of their customers. Veggie Noodles will be sold at Php 35.00 each.
FORMULA: Selling Price = DM + DL + OHE = TPC/NPP + MU (%)
WHERE: DM = Direct Materials
DL = Direct Labor
OHE = Overhead Expenses
TPC = Total Cost of Production
NPP = No. of Products Produced
MU = Mark-up
SOLUTION: Selling Price = DM + DL + OHE = TPC/NPP + MU (%)
SP = DM + DL + OHE = TPC/NPP + MU (%)
SP = 360, 000 + 20, 500 + 64, 554
30, 000 units
SP= 445, 054
30, 000 units
SP= 14. 83 + 69%
SP= 25. 00

3. ADVERTISING AND SALES PROMOTION

In advertising Saluyot Veggie Noodles it will have its strategies of exposing the product to
the public especially in the market place.
1. Free product samples shall be given away during the products launching.
2. Attractive leaflets and brochures which highlight the products distinctively nutritious
quality will be distributed widely.
3. Promotional products carrying the products name shall be distributed in selected school
canteens, stores and supermarkets.

13

4. It will be promoted through the social networking sites in the internet.

5. The company will build its website that will introduce both the company and the product.
It will draw attention to the companys goal of contributing to a well-nourished citizenry
through production of nutritious food products which are results of research and
development.
6. Puppet videos produced by the company shall be shown in selected highly populated
schools to educate the children and parents on the importance of good nutrition.

4. CHANNEL OF DISTRIBUTION

Figure 1
Prime Manufacturing
Distribution Channel

Veggie

Wholesalers in Tacloban

Manufacturing

City and nearby City and

Municipalities

14

Figure above shows that the distribution of product starts from the Veggie Manufacturing
and sold to the wholesalers in Tacloban and nearby Cities and Municipalities. The business will
be focusing in Tacloban City hence it is the center of commerce, trade and industry in Eastern
Visayas.
It is Important to the business to have a progressing complex channel system to consider
strategic and tactical issues regarding marketing channels.

TECHNICAL ASPECT
The technical aspect is the discussion of the basic and operation flow of the
project/Proposed business. The technical aspect is one of the essentials of this study because this
factor responds to the technicalities and basic structure of the proposed study. This include
environmental impact, Accessibility to the sources of raw materials, Transportation, Production
volume in terms of (daily, weekly, monthly, and yearly), and also the Production Process.

Business Location, Size and Capacity

The proposed location had been chosen by the proponents considering such factors as the
accessibility to the delivery of the raw materials, location cost, and environment of the business.

15

Veggie Manufacturing Production will be located at Marasbaras, Tacloban City near

MIKYU Convenient Store and REX book store and the size of the land is 600 square meter. The
proponent choose this area for their proposed project because it is accessible to the sources of
electricity, water and communication, making it easier for transporting supplies and segregating
the waste. And costumers will find it easy to locate the production site.
Veggie Noodles manufacturing business will have all of its permit and licenses from the
government agencies of Tacloban City to ratify the operation of the business.

16

Production Schedule

Table 7
Projected Production Schedule
No. of Day, Week, Month, and Year
Veggie Noodles Manufacturing
(2016- 2020)
Per Pack
Year

Daily

Weekly

Monthly

Annually

2017

100

500

2000

24000

2018

200

1000

4000

48000

2019

300

1500

6000

72000

2020

400

2000

8000

96000

2021

500

2500

10000

120000

17

Projected Production Volume

Table 8
Projected Production Volume
(2016-2020)
Per Box
Year

Plant Capacity at

Rate of Capacity

100%
2016

20%

2017

40%

2018

60%

2019

80%

2020

100%

Production Process
1. Mixing and Kneading

2. Flavoring and Coloring

3. Rolling

Production Volume

18

4.
5. Mixing
6. Stirring

7. Cooling

8. Packaging

Production Flow Chart

Prime Manufacturing will follow its production flow chart in manufacturing as
shown in the diagram below.
Figure 2
Veggie Noodles Manufacturing
Production Flow Chart

Mixing and
Kneading

Stirring

Flavoring
and
Coloring

Mixing

Rolling

Mashing

19

Cooling

Packing

MANAGEMENT ASPECT
Name and Form of Business Organization
The name of the business is Veggie Manufacturing Production. The word VEGGIE
means vegetable wherein it easy for the final consumer to remember and patronize the product of
the said business.
Veggie manufacturing production will be in the form of general partnership business
organization composed of two general partners, to contribute equally in terms of money, property
and industry with intention equally dividing the profit and loss among them.
In the operation and business activities of the entity, all partners are held liable to their specific
obligations and responsibility to form such task.

Nature of Business

20

The business will be categorized under manufacturing business because it will be engaged
in the production and distribution of Veggielicious Noodles in the Tacloban City and nearby
cities and municipalities in satisfying and patronizing the needs of final consumers.

Organizing and Forming the Business

Organizing and forming a business is a systematic procedure fully qualified the business
before starting to perform a function on particular process.

The following are the procedures of business organization registration:

1. Securing Mayors Business Permit

a.

Secure the Brgy. Clearance from the office of the Brgy. Captain where the
business is to be set up.

b.

Proceed to the Business Permits Licensing Division (BPLD) of the City of

Tacloban and secure an application for the business permit and license.

c. Secure location clearance from the City of Tacloban in office of Planning and
development to determine if the business activity is permissible in the zone.
d. Secure electric endorsement for electrical division of the department of
Engineering to determine if the business establishment is not high risk.
e. Secure the fire safety inspection certificate from the City Fire Department to
determine if the business premises comply with all the requirements of the
building code.

21

Division together with the following:

1. Barangay Clearance
2. Clearance/ Certificate/ Endorsement from the concerned department.
3. Photocopy of the certificate of the Business Name Registration issued
by the Securities and Exchange Commission.
4. Contract of leave, if necessary
5. Claim Business Permit, Plate and Sticker on the indicated releasing
date.

22

2. Registration with Department of Trade and Industry (DTI)

a. Verification Slip Form
b. Accomplished Registration Data Sheet
c. Articles of Partnership
d. Written Undertaking to Change Partner Name
e. If the contributed capital is in form of property, additional requirement is needed:
Deed of Assignment expected by the Partners who is the owner.

3. Registration with the Bureau of Internal Revenue (BIR)

a. Go to Revenue District Office (RDO) having jurisdiction of your business.
b. Accomplished application for registration.
1. Blk. Form No. 1903 for partnership. Submit the accomplished form to the
Office of the Day (OD) together with the following documents.
2. Birth Certificate or any documents showing name address and birth date.
3. Mayor's Business Permit.
4. Certificate of Registration of Business name issued by the SEC.
5. Community Tax Certificate.
c. Upon the completion of the required document RDO shall issue Certificate of
Registration and a Tax Identification Number

23

4. Registration with the Security and Exchange Commission (SEC)

a. Verification and reservation of the proposed Partnership name at the Security and
Exchange Commission (SEC). Once the name is accepted, the SEC will issue name
verification slip.
b. Accomplished Registration Data Sheet with the following attachment.
1. Articles of Partnership that defines the right, power and duties of each
partner, the profit/loss allocation and partners contribution. If the capital is the form of property
additional requirements is needed.
2. Deed of assignment executed by the partners.
c. File the complete documents with the SEC upon payment of the requirements
and other filling fees.
5. Registration procedure with the Social Security System (SSS)
a. Proceed to the Marketing and Enforcement Division of the concerned SSS branch office
and request form a copy of the Membership/Remittance form.
b. Accomplish and submit two (2) copies of the MMRF together with the supporting
documents duly signed by the corresponding office to Marketing and Enforcement
Division.
1. R-1 (Employer Registration)
2. Certificate of SSS Coverage and Compliance (for the current year)
3. R-1A (Employment Report)
4. SEC registration
5. Presentation of the original copy of the Articles of Partnership for authentication
purposes.
6. Claim Certificate of Membership.

24

c. Upon submission of complete documents, the Marketing and Enforcement

Division shall

issue the payment order form for remittances and contribution.

6. Registration procedure with Philippine Health Insurance (PhilHealth)
a.

Fill out PhilHealth Membership Registration Form

b.

Submit the following to any PhilHealth office.

1. Employment data record or ERI form (in duplicate)
2. Business Permit/ License to operate.
3. Articles of Partnership

c. Submit all the required form together with the above requirement to the HR
Department for them to forward the said documents together with the report of
Employee--- Members in registration processing office.
d. After processing' the employer will be issued the following:
1. PhilHealth Employer Number (PEN) and the Certificate of
Registration.
2. PhilHealth Identification Number (PIN) and Member Data Record
(MDR) for concerned employees.
7. Registration procedure with Home Development and Mutual Fund (Pag- ibig Fund)
a.

Submit the following to PAG- IBIG office

1. Accomplished Membership Registration/ Remittance Form (M1-1) in 2 copies.
2. Employer Data Record of ER (Form duplicate)
3. Business permit of license to operate and SEC registration together with

the

Articles of Partnership
4. R3 and RIA Form (SSS Registration and Remittance form)
5. Present all the documents (M1-1, registration/SSS Form) to the Marketing Division of

25

the concerned Pag- Ibig branch office for verification (bring all original copy for authentication
and secure a referral slip from marketing staff
b. After processing, the employer will issue the following:
1. Pag- Ibig Employer Number (PEN) and the Certificate of Registration.
2. Pag- ibig Identification Number (PIN) and Number Data Record (NDR) for
concerned employees.
3. Submit the referral slip prepared by marketing staff and all verified

document for

remittance/contribution.
8. Securing the Sanitary and Health Permit
The Municipal Health Office issues a Sanitary Permit to operate in all business
establishments after the actual inspection. Health cards are being used to operators and
employees after physical examination and after attending the Food Handlers Class to all food
handlers.
8.1 Office of Municipal Mayor/License Division
Secure Application Form for business establishment.
8.2 Municipal Health Office
Furnish copy of application form.
8.3 Municipal Health Office
Inspection of applying establishment for approval & issuance of sanitary
requirements.
8.3 Municipal Treasurers Office/License Division
Pay fees for Sanitary Permit, Sanitary Inspection and Health Certificate.
8.4 Municipal Health Office
Issuance of Sanitary Permit and endorsement to be forwarded to the Mayors
Office.

26

9. Mandatory Requirements for All Employees

a.
b.
c.
d.
e.

Bio- data
Barangay Clearance
Police Clearance
Medical Certificate
2x2 I.D Picture

ORGANIZATIONAL STRUCTURE

27

Organizational Structure
Veggie Manufacturing

Management
Commitee
All Partners

Managing Partner
Diosdado C. Cudia Jr.

Finance Manager
Jerryl C. Quintero

Operation and Stock

Manager
Eurydice Emma
Solomon

Production Worker
(4)

Marketing Manager
Mary Jane Lagera

Driver
(1)

28

Job Description and Specification

The Prime Manufacturing is composed of the following personnel with their job
description and specifications which determines on what tasks and they are assigned as shown in
the table below:

Veggie Manufacturing
Personnel Job Description and Specification

Position

No.

Job Specification

Managing Partner

- One of the

- Responsible and honest

partners; male;

for the overall

knowledgeable

supervision and

about the entire

management of the

activities of the

business.

(Diosdado Cudia Jr.)

Job Description

business; and a
graduate of
Bachelor of Science
in Commerce.
Finance Manager
(Jerryl Quintero)

- Male;

- Responsible for

knowledgeable

accepting payments from

about finance; and a

clients, issues receipts,

graduate of

performs bookkeeping

Bachelor of Science

activities and good in

in Business

communicating the

Administration.

clients.

29

Marketing Manager

(Mary Jane Lagera)

- One of the

- In-charge of the

partners; female;

promotional activities of

knowledgeable in

business and its products

marketing; on how

for the offering to the

manage the workers

final consumers or the

carefully and a

public.

graduate of
Bachelor of Science
in Commerce.
Stock and Operation

- Female;

- Responsible for

Supervisor

knowledgeable

receiving the ingredients

(Eurydice Emma

about inventory

to be used in the

Solomon)

management and

production of Saluyot

supervision of the

Noodles and ensuring

activities of the

that these ingredients are

business; and a

properly in the stored.

graduate of
Bachelor of Science
in Business
Production Worker

Administration
Male/Female;
At least high school
graduate; honest;
hard working;
Trustwort and with
enough experience
in Making Noodles
production.

In-charge of the
production of Saluyot
Noodles and ensures its
quality.

30

Deliveryman

- Preferably male;
Between 21 to 30
years of age; hard
working,
Trustworthy and
honest.

- Responsible for the

delivery of the products
to various wholesalers.

31

Articles of Co- Partnership

Veggie Manufacturing
KNOW ALL MEN BY THESE PRESENTS:
The undersigned, all of legal age and a majority of whom are residents of the Republic of
the Philippines, have this day voluntarily agreed to form a general partnership under the terms
and conditions herein after set forth and subject to the provisions of the existing laws of the
Republic of the Philippines.
AND WE HEREBY CERTIFY:
First: That the name of said general partnership shall be veggie noodles Manufacturing.
Second: That the parties to this agreement by it form a general partnership pursuant to the
provisions of civil code on Partnership of the Republic of the Philippines and that act shall
govern the right and liabilities of the Parties of this agreement.
Third: That the names, citizenship and residence of the general partners of the general
partnership are as follows:
NAME

CITIZENSHIP

RESIDENCE

Diosdado C. Cudia Jr.

Filipino

Tacloban City, Leyte

Eurydice Emma Solomon

Filipino

Macarthur, Leyte

Fourth: That the said general partnership shall begin the day the certificate of the general
partnership is duly in the office of the Securities and Exchange and Exchange Commission's
(SEC) and may be terminated anytime by mutual agreement of the partners or by will of any one
partner alone.
Fifth: That the principal office of the general partnership is located in the City of
Tacloban.
Sixth: That the said general partnership is formed to produce a high quality service
amenable to the affordability of customers in the City and its neighbouring town, to provide
employment to the people in Tacloban, City by paying taxes, licenses, permits and other fees.
Seventh: That the capital of this general partnership shall be P1, 244, 530 in the
Philippine currencies broke down, in contributions as follows:

32

Name

Amount Contributed

Diosdado C. Cudia Jr.

P 622, 265.00

Eurydice Emma Solomon

P 622, 265.00

Eight: That each partner with the consent of all partners shall have equal rights to manage
and control the partnership and its business. Any decisions shall made by unanimous vote. In
case of bankruptcy, all partners have to pay their creditors up to extent of their separate property
after all partnership all asset are exhausted consequently any proceeds from conversion of
partnership asset to cash amount will be distributed to those partners who are entitled thereto.
Ninth: That the partnership shall adapt annual accounting period.
Tenth: That all profits/ losses shall be entirely allocated to the general partners in
proportion to their respective contribution.
Eleventh: That a partner who rendered service to the partnership will receive monthly
salary depending on his/her position.
Twelve: That the retirement, death, incompetency of general partner will be a ground for
the dissolution of the partnership.
This agreement constitutes the final written expression of the parties agreement, any
statement or oral or written, that differs from the terms of this agreement shall have no effect
IN WITNESS THEREOF, WE HAVE UNTO SET OUR HANDS THIS ___th of _________,
2015

Mr. Diosdado C. Cudia Jr.

Ms. Eurydice Emma Solomon

General Partner

General Partner

SIGNED IN THE PRESENCE OF:

__________________________
Signature over Printed Name

__________________________
Signature over Printed Name

33

Compensation Structure

Veggie Manufacturing
Compensation Structure

No.
of
Position
Per
son
nel
Managing
Partner
Finance
Manager
Operation
and Stock
Manager
Marketing
Manager
Production
Worker
Delivery
Man

1
1
1
1
4
1

Net
Pay

Deductions
Monthl
y
Salary

SSS

Ph
il
He
alt
h

H
D
M
F

With
holdin
g Tax

Total
Dedu
ction

13th
Mont
h PAY

Net
Annual
Salary