How To Make A 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
This video will teach you how to prepare a simple salary sheet of any organization with Microsoft Excel In this video I shared how anyone can prepare a sim Mastering Excel Creating Salary Sheet with Formulas Excel Salary Sheet Learn how to efficiently create a salary sheet in Excel step by step using formul
How To Make A Salary Sheet In Excel
How To Make A Salary Sheet In Excel
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How To Make Salary Sheet In Excel YouTube
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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 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
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 Just 1 step process Insert the respective salary amounts against each employee and you are ready to print the salary slip Copy the data from the Salary Calculation sheet each month and paste it into the respective month sheet Copy from cell B6 to C33 At the end of the year your Yearly Salary Report is ready
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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 Step 1 Calculate the Total Daily Working Time in the Daily Wages Sheet To calculate the total daily Working Time subtract the In Time from Out Time We also need to subtract 1 hour for the Lunch Break Use the following formula in cell G7 to determine the total Working Time E7 D7 F7 Here E7 is the cell of In Time D7 is the cell of
Calculating salaries accurately is a critical aspect of any salary sheet format Excel offers a wide range of functions and formulas that can simplify this process Use the SUM function to calculate the total of basic salary allowances and deductions for each employee You can also make use of built in functions like IF VLOOKUP or HLOOKUP Below we have tabulated some of these set Excel formulas of Simple Salary Slip Formats It will help you to calculate the Gross earnings along with the deductions Particulars Formula Taxable Income Gross Salary Deductions CTC Total salary package of the employee Gross Salary EPF Gratuity Others
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How To Make A Salary Sheet In Excel - Solution The formula for calculating basic salary from gross salary is as follows Basic Salary Gross Salary Total Allowances According to the above data Basic Salary 50 000 2 000 1 500 1 000 45 500 Result The basic salary of Mr X is 45 500 as shown below