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Akshat Kumar & Sons Co Pvt. LTD Payroll Report: Empno Empname Dept Hourly Rate Regularhours Overtime Hours

This payroll report summarizes employee information including name, department, hourly rate, regular hours worked, overtime hours, and calculates pay details. It includes 14 employees across 5 departments and calculates totals. Formulas are provided to calculate regular pay, overtime pay, gross pay, FICA, state tax, federal tax, and net pay for each employee based on their hourly rate and hours worked. Conditional formatting is applied to highlight hourly rates.

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coins2010
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© Attribution Non-Commercial (BY-NC)
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Download as XLS, PDF, TXT or read online on Scribd
35 views

Akshat Kumar & Sons Co Pvt. LTD Payroll Report: Empno Empname Dept Hourly Rate Regularhours Overtime Hours

This payroll report summarizes employee information including name, department, hourly rate, regular hours worked, overtime hours, and calculates pay details. It includes 14 employees across 5 departments and calculates totals. Formulas are provided to calculate regular pay, overtime pay, gross pay, FICA, state tax, federal tax, and net pay for each employee based on their hourly rate and hours worked. Conditional formatting is applied to highlight hourly rates.

Uploaded by

coins2010
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Created on: ###

Akshat Kumar & Sons Co Pvt. Ltd


Payroll Report :

Empno Empname Dept Hourly Rate RegularHours Overtime Hours


E004 Vinay CIS 7.20 40 5
E005 Mohan CIS 19.25 35
CIS Total
E002 Ajeet Marketing 8.00 37
E006 Binod Marketing 10.00 40 6
Marketing Total
E008 Devansh Payroll 14.00 36
E009 Jonathan Payroll 8.00 37
Payroll Total
E003 Vijay Production 11.00 40 2
E010 Pam Production 13.00 40 10
Production Total
E001 Suresh Sales 12.00 32
E007 Chander Sales 7.00 40 7
Sales Total
Grand Total
Rates p

Over Time Rate 1.50


FICA Rate 7.50%
State tax Rate 5.00%
Federal Tax Rate 7.00%

Instructions:

Use formatting : columns must be widened as needed, cell wrapping must be u

Use cell bordering where I've used bordering and use cell patterns (fill color) wh

Be sure to use the appropriate numeric formatting for all numeric values; i.e., no

Use a function to print current date, Format as Month-date-2010( eg March -14-

1. Regular Pay is calculated by multiplying the regular hours by the hourly rate.

2. Overtime Pay is calculated by multiplying the hourly rate by the overtime rate

3. Gross Pay is calculated by adding the regular pay and the overtime pay

4. FICA is calculated by multiplying the FICA rate by the Gross Pay. This calcul

5. State Tax is calculated by multiplying the State Tax Rate by the Gross Pay. T

6. Federal Tax is calculated by multiplying the Federal Tax Rate by the Gross P

7. Net Pay is calculated by subtracting all deductions (FICA, State and Federal

8. Apply conditional formatting to the Hourly Rate Column. The hourly rate shou

9. Sort acording to department name

10.Total net pay department wise


Regular pay OverTime Pay Gross Pay FICA State Tax Federal Tax Net Pay
288 54 342 25.65
673.75 0 673.75 50.54
0
296 0 296 22.2
400 90 490 36.75
0
504 0 504 37.8
296 0 296 22.2
0
440 33 473 35.48
520 195 715 53.63
0
384 0 384 28.8
280 73.5 353.5 26.52
0
0
ed, cell wrapping must be used for the column headings, dates must be formatted as displayed, numeric values must be formatted as d

se cell patterns (fill color) where I have. You don't have to use the same border or the same color, but you must use this formatting featu

or all numeric values; i.e., notice that when a cell has a value of zero it displays as a dash; some of the numbers have dollar signs and s

h-date-2010( eg March -14-2010)

ar hours by the hourly rate.

rly rate by the overtime rate and then multiplying that by the overtime hours.

y and the overtime pay

y the Gross Pay. This calculation should be rounded to two decimal positions (you'll need to use the =Round function in this formula).

ax Rate by the Gross Pay. This calculation should be rounded to two decimal positions (you'll need to use the =Round function in this fo

ral Tax Rate by the Gross Pay. This calculation should be rounded to two decimal positions (you'll need to use the =Round function in t

s (FICA, State and Federal Tax) from Gross Pay

olumn. The hourly rate should be displayed in Red if it's less than $10 per hour and in Blue if it's $10.00 per hour or more.
meric values must be formatted as displayed.

but you must use this formatting feature in the spreadsheet. Make it appealing to the eye.

the numbers have dollar signs and some don't; all numeric values are displayed with two decimal positions, etc.

e =Round function in this formula).

to use the =Round function in this formula).

need to use the =Round function in this formula).

0.00 per hour or more.

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