How To Create Salary Sheet In Excel

How To Create Salary Sheet In Excel In this video I ll guide you through multiple steps to make a salary sheet in Excel with Formula You ll learn about creating an employee database salary

Choose cell C5 to know the basic salary of the employees given in the database Enter the following formula that uses the VLOOKUP function Press Enter key VLOOKUP B5 Database B4 C14 2 FALSE Click on cell C8 to find and calculate extra allowances Put the following formula and press Enter key How to Make Automated Salary Sheet in MS ExcelDear viewers I am M A AHAD from Master Learning Center YouTube channel In today s Video I will show You H

How To Create Salary Sheet In Excel

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How To Create Salary Sheet In Excel
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Step 3 Inserting the Employee ID from the Salary Sheet to the Salary Slip Click on cell C9 and go to the Data tab Click on the Data Validation icon and select Data Validation A Data Validation dialog box will appear From the Allow group select List Click on the upward arrow of the Source box to select the data source Go to the Salary Sheet and select cells B5 B15 as source data Meanwhile in your Excel salary sheet you can format with letter sizing colours bold italics aligning and so on as you would in a word processing document to fit the style you want 2 Input base information With your columns now ready you can start introducing the base information This includes the names of employees pay rates and

This video I shows complete logical calculation on how to make a salary sheet for an organization Calculate the Medical allowance of the employees which is 15 of the Basic salary Select cell E7 and insert the following formula into it D7 15 Press Enter AutoFill the formula to the rest of the cells in column E Insert the following formula in cell F7 to get the Rent allowance D7 35 Press Enter on your keyboard

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Creating a Salary Sheet in Excel Initial Setup for Salary Sheet To start making a salary sheet in Excel open a new workbook and create three separate sheets the employee database sheet the consolidation sheet and the employee salary slip sheet Employee Database Sheet The employee database sheet acts as the master sheet The template enables users to define the monthly salary of each employee add an annual bonus and also provides for one annual salary increase in a selected month All income tax salary deduction and company contribution calculations are automated Designed for businesses with less than 50 employees

Step 2 Create various columns in your employee salary sheet in Excel Now you need to set up different columns to fill in the crucial employee information for salary calculation Employee name as mentioned in the business records Standard pay rate in the currency applicable In the salary slip s income section essential components include the Basic constituting 35 50 of the salary At junior levels Basic is higher while as employees progress other allowances increase Organisations often maintain a lower Basic to prevent topping up the allowance pay Basic 100 taxable appears first in the earnings section

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How To Create Salary Sheet In Excel - Click anywhere within your list of data and then select Insert Table Highlight the range of data in your list that you want to use Ensure that the range is correct in the Create Table window and that the My Table Has Headers box is checked Click the OK button to create your table The list is now formatted as a table