Step 5 – Leave Salary Calculation Input the gross salary of the employees in the range of cellsC13:F13. Copy the following formula in cellC14to get theSalary Per Leaveand hitEnter. =C13*12/365 Use theFill Handleto copy the formula in the cells to the right. Here, we divided the val...
Explanation:Here,$266.67is thePer DaySalary. PressENTERand see the result inE5. Drag downthe formula across the cells you want to fill with theFill Handle tool. Thecalculated salaryper dayis displayed in thePer Day Salarycolumn. Formula 2 – Using a Combined Formula to Calculate Per Day Sal...
Method 5 – Deduction Calculation Use theData Validationfeature in cellB5. Calculatethe Basic Salaryusingthe formula below: =VLOOKUP(B5,DATASET!B5:C12,2,FALSE) The result will look like this: Select cellC8. Calculate the income tax using the belowVLOOKUPfunction formula: ...
Tags: Calculate Salary in Excel Rafiul Hasan Rafiul Hasan, holding a BSc in Naval Architecture and Marine Engineering from Bangladesh University of Engineering & Technology, contributes significantly to the ExcelDemy project with almost 1.6 years of dedicated work. Currently an Excel and VBA Content...
Calculate Average Salary in Excel Calculate the Midpoint of the Salary Range in Excel Create a Salary Increase Matrix in Excel Calculate Prorated Salary in Excel Model Salary Regression Analysis in Excel Salary Deduction Formula in Excel for Late Coming Leave Salary Calculation in Excel Make Salary...
Read More:Reverse Tax Calculation Formula in Excel Example 2 – Different Tax Brackets and Tax Surcharge Now let’s calculate the tax on salary when where there are different tax brackets (also called slabs) for different income ranges, and a surcharge is applied on the tax for some income ...
Final Result: Once you’ve filled in the formula for all employees, your spreadsheet should display the raised amounts based on their individual basic salaries and percentage raises. Verification: To verify the calculation, let’s take an example. Consider Joe Trump, with Employee ID 1105, an ...
Tags: Calculate Salary in Excel Adnan Masruf Adnan Masruf, holding a BSc in Naval Architecture & Engineering from Bangladesh University of Engineering and Technology, plays a pivotal role as an Excel & VBA Content Developer at ExcelDemy. His deep passion for research and innovation seamlessly ...
Tags: Calculate Salary in Excel Shajratul Alam Towhid Md Shajratul Alam Towhid, a BSc graduate in Naval Architecture & Engineering from Bangladesh University of Engineering and Technology, holds a pivotal role as an Excel & VBA Content Developer at ExcelDemy. Fueled by a deep passion for res...
He is interested in data analysis, advanced Excel, statistics, and dashboards. He also likes to explore various Excel and VBA applications. He completed his graduation in Electrical & Electronic Engineering from Bangladesh University of Engineering & Technology (BUET). He enjoys exploring Excel-...