Please provide complete formula-based salary calculation sheets with payslip so that after calculation and finalization of salary, the salary slip is also generated automatically, and FNF settlement sheet also.
From India, Kolkata
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From India, Kolkata
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Hi Avijit,
Creating a complete formula-based salary calculation sheet with a payslip and full and final (FNF) settlement sheet involves a comprehensive understanding of the company's payroll policies, tax regulations, and other relevant factors. Additionally, the exact structure may vary depending on the country, industry, and specific company policies. Below, I'll provide a simplified example in Excel format that you can use as a starting point. Please note that this is a basic template, and you may need to customize it according to your specific needs.
Excel Salary Calculation Sheet:
Employee Information:
Name, Employee ID, Department, Position, etc.
Earnings:
Basic Salary
House Rent Allowance (HRA)
Special Allowance
Overtime, if applicable
Other allowances
Deductions:
Provident Fund (PF)
Professional Tax (PT)
Income Tax
Other deductions (if any)
Gross Earnings:
Gross Earnings = Basic Salary + HRA + Special Allowance + Overtime + Other Allowances
Gross Deductions:
Gross Deductions = PF + PT + Income Tax + Other Deductions
Net Salary:
Net Salary = Gross Earnings - Gross Deductions
Payslip:
Item Amount (INR)
Basic Salary [Formula]
House Rent Allowance (HRA) [Formula]
Special Allowance [Formula]
Overtime [Formula]
Other Allowances [Formula]
Gross Earnings [Formula]
Provident Fund (PF) [Formula]
Professional Tax (PT) [Formula]
Income Tax [Formula]
Other Deductions [Formula]
Gross Deductions [Formula]
Net Salary [Formula]
Full and Final (FNF) Settlement Sheet:
Include details of any pending dues, reimbursements, and adjustments.
Deduct any outstanding loans, advances, or other liabilities.
Calculate the final settlement amount.
Please note that the actual formulas will depend on the specific calculations applicable in your region and company policies. Additionally, you may want to include additional details such as leave balances, bonuses, and other variables specific to your organization.
Feel free to customize this template based on your specific requirements and consult with a payroll or finance professional to ensure compliance with local regulations and company policies.
Thanks,
From India, Bangalore
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218Creating a complete formula-based salary calculation sheet with a payslip and full and final (FNF) settlement sheet involves a comprehensive understanding of the company's payroll policies, tax regulations, and other relevant factors. Additionally, the exact structure may vary depending on the country, industry, and specific company policies. Below, I'll provide a simplified example in Excel format that you can use as a starting point. Please note that this is a basic template, and you may need to customize it according to your specific needs.
Excel Salary Calculation Sheet:
Employee Information:
Name, Employee ID, Department, Position, etc.
Earnings:
Basic Salary
House Rent Allowance (HRA)
Special Allowance
Overtime, if applicable
Other allowances
Deductions:
Provident Fund (PF)
Professional Tax (PT)
Income Tax
Other deductions (if any)
Gross Earnings:
Gross Earnings = Basic Salary + HRA + Special Allowance + Overtime + Other Allowances
Gross Deductions:
Gross Deductions = PF + PT + Income Tax + Other Deductions
Net Salary:
Net Salary = Gross Earnings - Gross Deductions
Payslip:
Item Amount (INR)
Basic Salary [Formula]
House Rent Allowance (HRA) [Formula]
Special Allowance [Formula]
Overtime [Formula]
Other Allowances [Formula]
Gross Earnings [Formula]
Provident Fund (PF) [Formula]
Professional Tax (PT) [Formula]
Income Tax [Formula]
Other Deductions [Formula]
Gross Deductions [Formula]
Net Salary [Formula]
Full and Final (FNF) Settlement Sheet:
Include details of any pending dues, reimbursements, and adjustments.
Deduct any outstanding loans, advances, or other liabilities.
Calculate the final settlement amount.
Please note that the actual formulas will depend on the specific calculations applicable in your region and company policies. Additionally, you may want to include additional details such as leave balances, bonuses, and other variables specific to your organization.
Feel free to customize this template based on your specific requirements and consult with a payroll or finance professional to ensure compliance with local regulations and company policies.
Thanks,
From India, Bangalore
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