How To Make 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
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 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 Salary Sheet In Excel
How To Make Salary Sheet In Excel
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How To Create Salary Slip Format With Formula In Excel Sheet 2023
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How To Create Salary Sheet In Excel YouTube
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How to make amazing salary sheet in excel 365 excel Step 5 Using the VLOOKUP Function to Automate the Salary Slip To find out the Employee Name insert the following formula in cell E9 and press Enter VLOOKUP C9 Salary 2 FALSE Formula Breakdown VLOOKUP C9 Salary 2 FALSE The VLOOKUP function looks for values in a table or data range C9 is the lookup value Salary is the
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 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
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Step 1 Open a New Excel Spreadsheet The first step in making payroll in Excel is to open a new Excel sheet For this Go to the Search Box at the bottom left end of the Windows desktop screen Type Excel Click the Excel icon to open a new blank Excel spreadsheet 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
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 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
Download Salary Sheet Excel Template ExcelDataPro
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How To Make Salary Sheet In Excel - Employee Salary Sheet Template in Excel Google sheet and OpenOffice Calc to process salaries of 50 employees as per Indian laws With the help of this template you can process the salaries of 50 employees in just minutes Moreover you can print all 50 salary slips only at the click of one button Furthermore it prepares an annual