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Practical 3 - Pay Roll PDF

Krishnan Manager 25000 500 1200 Deepu Accountant 18000 800 800 Davis Clerk 16000 450 750 Sakeer Accountant 22000 1200 900 Rajendran Clerk 12500 400 1300 The payroll statement shows the employee name, designation, basic pay, DA, HRA, gross salary, PF, LIC, TDS, total deductions, and net salary for each employee. Formulas are used to calculate values like DA at 92% of basic pay, HRA based on designation, gross salary as the sum of basic pay, DA and HRA, PF at 20% of basic pay + DA, total deductions as the sum of PF, LIC, and T

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125 views2 pages

Practical 3 - Pay Roll PDF

Krishnan Manager 25000 500 1200 Deepu Accountant 18000 800 800 Davis Clerk 16000 450 750 Sakeer Accountant 22000 1200 900 Rajendran Clerk 12500 400 1300 The payroll statement shows the employee name, designation, basic pay, DA, HRA, gross salary, PF, LIC, TDS, total deductions, and net salary for each employee. Formulas are used to calculate values like DA at 92% of basic pay, HRA based on designation, gross salary as the sum of basic pay, DA and HRA, PF at 20% of basic pay + DA, total deductions as the sum of PF, LIC, and T

Uploaded by

masood khan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Computerised Accounting Practical Model

Question, Procedure and Output

Title : Pay Roll Accounting

Question

From the table given below and additional information, prepare a Pay Roll Statement

Employee Name Designation Basic Pay LIC TDS


Krishnan Manager 25000 500 1200
Deepu Accountant 18000 800 800
Davis Clerk 16000 450 750
Sakeer Accountant 22000 1200 900
Rajendran Clerk 12500 400 1300

a) DA is provided at 92% of Basic Pay


b) HRA : `800 for Manager, `600 for Accountant and `500 for Clerk.
c) PF is deducted @20% on Basic+DA

Procedure

Step-1 : Open a blank worksheet in excel


Step-2 : Enter the table headings in different cells as given below:
Cell Value
A1 DA
B1 92%
A2 HRA for Manager
B2 800
A3 HRA for Accountant
B3 600
A4 HRA for Clerk
B4 500
A5 PF on Basic+DA
B5 20%
A6 Employee Name
B6 Designation
C6 Basic Pay
D6 DA
E6 HRA
F6 Gross Salary
G6 PF
H6 LIC

www.alrahiman.com/www.hsslive.in
I6 TDS
J6 Total Deductions
K6 Net Salary

Step-3 : Fill in the Name of Employees in the range A7:A11


Step-4 : Fill in the Designations of Employees in the range B7:B11
Step-5 : Fill in the Basic Pay of Employees in the range C7:C11
Step-6 : In the cell D7 enter the formula =C7*$B$1 and copy the formula down up to D11
Step-7 : In the cell E7 enter the formula =IF(B7="Manager",$B$2,IF(B7="Accountant",$B$3,$B$4))
anager",$B$2,IF(B7="Accountant",$B$3,$B$4))
and copy the formula down up to E11
Step-8 : In the cell F7 enter the formula =SUM(C7:E7) and copy the formula down up to F11
Step-9 : In the cell G7 enter the formula =SUM(C7:D7)*$B$5 and copy the formula down up
u to
G11
Step-10 : Fill in the amounts of LIC in the range H7:H11
Step-11 : Fill in the amounts of TDS in the range I7:I11
Step-12 : In the cell J7 enter the formula =SUM(G7:I7) and copy the formula down up to J11
Step-13 : the cell K77 enter the formula =F7-J7 and copy the formula down up to K11
K

Output

www.alrahiman.com/www.hsslive.in
www.alrahiman.com

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