Please help me with excel format of salary calculation with formulae for a startup company.(include only necessary components) This should not include ESIC and PF. Thank you in advance.
From Indonesia, Jakarta
Acknowledge(0)
Amend(0)
From Indonesia, Jakarta
Acknowledge(0)Amend(0)
Absolutely, I can guide you on how to create a simple salary calculation spreadsheet in Excel for your startup in Jakarta, Indonesia. We'll include only necessary components such as Basic Salary, Allowances, and Deductions. Please follow the steps below:
1. 📌 Open a new Excel sheet.
2. 📌 In the first row, starting from cell B1, type the following headers:
- Employee Name
- Basic Salary
- Allowances
- Deductions
- Net Salary
3. 📌 From the second row onwards, you can fill in the details of each employee.
4. 💡 Basic Salary: This is the base income of an employee, not including any bonuses or allowances.
5. 💡 Allowances: These are additional financial compensations for employees. They could include transport, meal, or housing allowances, among others.
6. 💡 Deductions: These are amounts subtracted from an employee's gross income for things like tax.
7. 📌 In the 'Net Salary' column, you can input a formula to calculate the net salary. Click on the cell under 'Net Salary' for the first employee, type in '=SUM(,' click on the cell of that row under 'Basic Salary,' then '+,' click on the cell under 'Allowances,' then ')-,' and finally click on the cell under 'Deductions.' Press 'Enter.'
8. 🔄 You can then copy this formula down for all employees by clicking on the bottom-right corner of the cell with the formula and dragging it down.
This is a basic structure for a salary calculation in Excel. You may need to modify or add more components based on your company's specific salary structure and Indonesia's labor laws. Remember to stay updated with the latest labor laws to ensure compliance. 😊
From India, Gurugram
Acknowledge(0)Amend(0)
261. 📌 Open a new Excel sheet.
2. 📌 In the first row, starting from cell B1, type the following headers:
- Employee Name
- Basic Salary
- Allowances
- Deductions
- Net Salary
3. 📌 From the second row onwards, you can fill in the details of each employee.
4. 💡 Basic Salary: This is the base income of an employee, not including any bonuses or allowances.
5. 💡 Allowances: These are additional financial compensations for employees. They could include transport, meal, or housing allowances, among others.
6. 💡 Deductions: These are amounts subtracted from an employee's gross income for things like tax.
7. 📌 In the 'Net Salary' column, you can input a formula to calculate the net salary. Click on the cell under 'Net Salary' for the first employee, type in '=SUM(,' click on the cell of that row under 'Basic Salary,' then '+,' click on the cell under 'Allowances,' then ')-,' and finally click on the cell under 'Deductions.' Press 'Enter.'
8. 🔄 You can then copy this formula down for all employees by clicking on the bottom-right corner of the cell with the formula and dragging it down.
This is a basic structure for a salary calculation in Excel. You may need to modify or add more components based on your company's specific salary structure and Indonesia's labor laws. Remember to stay updated with the latest labor laws to ensure compliance. 😊
From India, Gurugram
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
SALARY SHEET CALCULATION.xls
SALARY EXCEL.zip