Skip to main content

Employee Pay sheet Formulas in Microsoft Excel

Today, we will discuss How to create an Employee Worksheet by using Employee Pay sheet formulas in Microsoft Excel. The following formulas will be used in Employee Pay sheet: Q: Prepare a worksheet according to the following instructions:
  1. Create a worksheet in MS Excel according to the requirements
  2. Enter sample data of employees in a college
  3. Apply formula to calculate Medical Allowance @ 40 % of Basic Pay
  4. Apply formula to calculate Conveyance Allowance @ 30 % of Basic Pay
  5. Apply formula to calculate House Rent @ 50 % of Basic Pay
  6. Add a column of Income Tax @ 7 % of Basic Pay
  7. Apply formula to calculate Net Pay = Medical Allowance + Conveyance Allowance + House Rent - Income Tax

Image for Employee Pay sheet Formulas in Microsoft Excel Software

Employee pay sheet Formulas in MS Excel

 Solution:How to Create Employee Pay Sheet in Excel With Formulas

  1. Create a new workbook in MS Excel and save as with the name Employee Pay sheet Formulas.
  2. Enter sample data for at least three employees.
  3. Enter formula for Medical Allowance = D5 * 40% in cell with cell reference E5.
  4. Enter formula for Conveyance Allowance = D5 * 30% in cell with cell reference F5.
  5. Enter formula for House Rent = D5 * 50% in cell with cell reference G5.
  6. Enter formula for Income Tax = D5 * 5% in cell with cell reference H5.
  7. Enter formula for Net Pay = D5 + E5 + F5 + G5 - H5 in cell with cell reference I5.
So, the worksheet with Employee Pay sheet Formulas has been prepared successfully.

Download the Original Worksheet Prepared For Employee Pay Sheet Formulas

Sponsored Links

Click to Download Excel Workbook For Employee Pay sheet Formulas

Employee Pay sheet is normally required and maintained in every small business organization. There are very simple formulas are used to calculate monthly pay of the employees working in a small business. There is no need to develop a software for this purpose in a small book shop. Because, Microsoft Excel can be very useful to prepare such employee pay sheet with formulas.

Employee Pay sheet Formulas in Microsoft Excel

Here is the
Picture of Complete MS Excel Worksheet on

Employee Pay sheet Formulas in Microsoft Excel

Employees Pay Sheet Formulas Complete MS Excel Worksheet

 

Labels:

Comments

jack said…
YOU HAVE MADE MY DAY
November 24, 2016 at 7:04 PM
Post a Comment

Popular posts from this blog

What are Different Types of Input Devices With Examples

Topic: Different types of input devices of a computer system with examples, pictures and explanation:  Topics Covered are: Definition of Input Devices Functions of Input Devices ( How input devices work? ) Examples of Input Devices Pictures / Images of different input devices Different Examples of Input Devices With Description Keybboard Mouse Trach Ball Trackpad Joy Stick Light Pen Microphone Scanner Graphic Tablet ( Digitizer ) Digital Camera Touch Screen ( I/O Device / Dual Device - Perform Both Functions input + Output ) INPUT DEVICES ( Definition ) Input devices are used to enter data and instructions into computer memory from external world. Input Device is a hardware part of the computer that is used to enter data and instructions into computer memory. The examples of input devices include: Keyboard, Mouse , Track ball, Track Pad, Joy stick, Touch Screen, Light pen,   Scanner , Digital Camera, Microphone, Graphics tablet e...
Post a Comment
Read more

Explain Main Difference Between System Software and Application Software

Topic: Explain Main Difference Between System Software and Application Software            Differentiate between system software and application software Before , explaining the main differences between application software and system software, let us know the definitions of Application software and System software with examples. What is System Software: System software is a set of programs to control all components of computer and to manage overall operations of computer system. Differences between System software and application software System software is used as a base to install and run all application software. Examples of system software include: Operating Systems, like Microsoft Windows, DOS, Unix and Linux Device Drivers like Device driver software of a Printer (found on CD normally provided with the printer) Utility Programs like AVAST anti virus, Disk Scanners and File Viewers etc. What is Applicat...
10 comments
Read more

Types Of Network Topology

Today, we will types of network topology . What is a Network Topology? Definition of Network topology is the shape of the network . It is the physical layout of connected devices in a network. It tells us how a network will look like. Network Topology ( Definition 2) : The way in which the connections are made among all the network entities is called the topology of the network. Network Topology ( Definition 3) :Network topology specifically refers to the physical layout of the network, e.g., the location of the computers and how the cable is run between them. Network Topology ( Definition 4) :The physical topology of a network refers to the configuration of cables, computers, and other peripherals. The characteristics of a network depend upon the network topology selected. types of network topology Explain different types of network Topology Different network topologies are as follows: 1. Bus Topology 2. Ring Topology 3. Star Topology 4. Tree Topolo...
2 comments
Read more