How to make salary sheet || Payroll or Payslip in excel 2016

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  • čas přidán 29. 08. 2024
  • In this Tutorial you will learn how to make salary slip or salary sheet in excel 2016, also you will be able how to make payroll system in excel for employees.
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    Pay Head in Payroll are given bellow
    DA
    The Dearness Allowance (DA) is a cost of living adjustment allowance paid to Government employees, Public sector employees (PSU)and pensioners. Dearness Allowance is calculated as a percentage of basic salary to mitigate the impact of inflation on people.
    EPF/PF
    The Employee Provident Fund, or provident fund as it is normally referred to, is a retirement benefit scheme that is available to salaried employees. Under this scheme, a stipulated amount (currently 12%) is deducted from the employee's salary and contributed towards the fund.
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    Use the following formulas in Payslip or Payroll
    DA formula = basic salary * 10/100
    House Rent = Basic Salary * 8/100
    PF = Basic Salary * 12/100
    Gross Salary =Basic salary + DA + House Rent + PF
    EPF = PF / 2
    LIC = EPF/2
    Deduction = EPF + LIC
    Net salary = Gross Salary - Deduction
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    #payslip, #payrollexcel, #salaryslipexcel,#salaryslipinexcel, #salaryslipbanansikhe

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