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Payroll Calculation Formulas in Excel

The document contains formulas for calculating payroll in Excel including formulas for salary structure, gross earnings, deductions like PF, ESI, and PT. It provides logic for calculating different amounts based on salary, gender, months and other conditions.

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joelsalve77
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596 views4 pages

Payroll Calculation Formulas in Excel

The document contains formulas for calculating payroll in Excel including formulas for salary structure, gross earnings, deductions like PF, ESI, and PT. It provides logic for calculating different amounts based on salary, gender, months and other conditions.

Uploaded by

joelsalve77
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Excel Formula For Payroll

DA (Salary Structure) " = Basic (Salary Structure) * 10 % "


Salary Structure

HRA (Salary Structure) Other cities = [ Basic (Salary Structure) + DA (Salary Structure) ]
* 40%
Delhi , Bombay , Calcutta & = [ Basic (Salary Structure) + DA (Salary Structure) ]
Madras * 50%
Earning
Gross

Basic (Gross Earning) .= ROUND{ [ Basic (Salary Structure) / $ ESI no $ ) * $ paid days,0 }

PF Wages '= Gross Earning - HRA


Deduction
Details

ESI Wages For Eligibility c= Gross Salary - Conveyance ( Salary structure)

ESI wages for Contribution s= Gross Earning - Conveyance ( Gross Earning)

PF e= ROUNDUP ( IF ( PF Wages < 15,000 , PF Wage * 12 % ,


Logic IF Value if True ( Then)

ESI s= IF ( ESI Wage for Eligibility ESI Wage for contribution *


< = 21,000 , 0.75 % ,
Condition Value if True ( Then)
uction
Deduction Referance of Condition
s= IFS[ (AND ( Gender = "m",
AND (Gender = "m",
AND (Gender = "m",
PT AND (Gender = "m",
AND (Gender = "f",
AND (Gender = "f",
AND (Gender = "f",
1,800 ) ,0)
Value if False (FALSE) Decimal

0)
Value if FALSE ( Then)
Condition
Gross Earning < = 7,500 , ) , ………………………………………………………0 ,
Gross Earning > 7,500 , Gross
Earning < = 10,000 ,) , …………………………………………………… 175,
Gross Earning > 10,000 ) , $ Months $ <> "February") , 200,
Gross Earning > 10,000 ) , $ Months $ 0= "February") , 300,
Gross Earning < 25,000 ) , ………………………………………………… 0 ,
Gross Earning > 25,000 ) , $ Months $ <> "February") ,200,
Gross Earning > 25,000 ) , $ Months $ 0= "February") , 300, ) ]

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