How To Make Salary Sheet In Excel With Formula 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
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 Learn how to create a comprehensive salary sheet in Excel using multiple formulas This step by step tutorial will guide you through calculating gross salary
How To Make Salary Sheet In Excel With Formula
How To Make Salary Sheet In Excel With Formula
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Download Salary Sheet Excel Template ExcelDataPro
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How To Make Salary Sheet In Excel With Formula with Detailed Steps
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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
This will be represented in a formula as SUM 15 F2 This result will give you 15 of the gross pay and is the amount that should be deducted for income tax To apply this to the rest of the employees drag the formula down to the last row This will apply 15 to the respective gross pay for each individual The consolidation sheet is used to summarize and calculate total salaries Use Excel formulas to calculate gross wages which include regular pay and any additional compensation such as bonuses or commissions Salary Slip Sheet On the employee salary slip sheet design a template that can be printed or shared with employees
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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 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
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 Download Salary Sheet Template To simplify the process of creating a salary sheet in Excel you can download a pre designed template Download template from here This template provides a ready to use format for recording employee salary details and can be customized to suit your organization s requirements
Download Salary Sheet Excel Template ExcelDataPro
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Excel Salary Sheet How To Make Salary Sheet In Excel
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How To Make Salary Sheet In Excel With Formula - This will be represented in a formula as SUM 15 F2 This result will give you 15 of the gross pay and is the amount that should be deducted for income tax To apply this to the rest of the employees drag the formula down to the last row This will apply 15 to the respective gross pay for each individual