Excel & Business M

Time Number Formatting & Time Calcul

Topics:
Time Number Formatting
Excel Formulas for Hours Worked
Payroll Template for Net Pay
& Business Math 29
me Calculations in Excel for Payroll Table
Time Number Format:
Under the Time Number Format is a serial number that represents the proportion of one 24-hour day
Time serial number = Proportion of the 24 hour day

Enter time as: hours, colon, minutes, colon, seconds, then a space, and AM or PM (there are other methods also)

Enter 8:00 AM Time ==>>

Enter 8:00 AM Again ==>>
Then Apply General NF Apply General Number Format = Ctrl + Shift + ~
Type formula =8/24
Type formula Again ==>>
Then Time NF ==>>

Proportion of 24 Actual Number in

Time hour day Reduced to: Reduced to: Cell
12:00 AM 0 0
8:00 AM 8/24 1/3 0.333333333333
12:00 PM 12/24 1/2 0.5
3:00 PM (12+3)/24 15/24 5/8 0.625
3:15 PM (12+3.25)/24 0.635416666667

Notice that we took a number and divided by 24!!!!

This means that if we want to do Time Math and get hours as a result, we must multiply the decimal time answer by 24!!!!

Wage per hour $21.25

Time In
Time Out
Total Hours worked Important Formula: Hours Worked = (Later Time - Earlier Tim
Gross Pay

Homework tracker:
Start Time 8:30 AM
End Time 11:00 AM
Hours worked
Start Time 10:00 PM
End Time 11:15 PM
Hours worked
Total
or
Total

Payroll Example:
Employee Wage Time In Time Out Hours Worked
Carroll Stanley $24.94 8:00 AM 3:30 PM
Anne Ramos $18.14 9:00 AM 2:25 PM
Blanche Sanchez $17.94 7:30 AM 3:15 PM
Karla Fletcher $26.70 8:00 AM 2:10 PM
Devin Smith $24.30 9:00 AM 2:30 PM
Edna Hansen $22.85 8:00 AM 4:45 PM
Moses Swanson $26.98 6:30 AM 11:35 AM
Sherman Moss $17.71 8:00 AM 1:00 PM
Amber Rios $20.12 7:00 AM 4:30 PM
Lindsey Powers $23.69 8:00 AM 3:00 PM
 24-hour day

e are other methods also)

Format = Ctrl + Shift + ~

the decimal time answer by 24!!!!

urs Worked = (Later Time - Earlier Time)*24

Tax Rate
0.0765
Gross Pay Deduction Day's Pay or Net Pay
Time Number Format:
Under the Time Number Format is a serial number that represents the proportion of one 24-hour day
Time serial number = Proportion of the 24 hour day

Enter time as: hours, colon, minutes, colon, seconds, then a space, and AM or PM (there are other methods also)

Enter 8:00 AM Time ==>> 8:00:00 AM

Enter 8:00 AM Again ==>>
Then Apply General NF 0.333333333333 Apply General Number Format = Ctrl + Shift + ~
Type formula =8/24 0.333333333333
Type formula Again ==>>
Then Time NF ==>> 08:00:00 AM

Proportion of 24
Time hour day Reduced to: Reduced to: Actual Number in Cell
12:00 AM 0 0
8:00 AM 8/24 1/3 0.333333333333333
12:00 PM 12/24 1/2 0.5
3:00 PM (12+3)/24 15/24 5/8 0.625
3:15 PM (12+3.25)/24 0.635416666666667

Notice that we took a number and divided by 24!!!!

This means that if we want to do Time Math and get hours as a result, we must multiply the decimal time answer by 24!!!!

Wage per hour $21.25

Time In 8:00 AM
Time Out 12:00 PM
Total Hours worked 4 =(B24-B23)*24 Important Formula: Hours Worked = (Later Time - Earlier Tim
Gross Pay 85 =B25*B22

Homework tracker:
Start Time 8:30 AM
End Time 11:00 AM
Hours worked 2.5 =(B30-B29)*24
Start Time 10:00 PM
End Time 11:15 PM
Hours worked 1.25 =(B33-B32)*24
Total 3.75 =B34+B31
or
Total 3.75 =SUM(B30-B29,B33-B32)*24

Payroll Example:
Employee Wage Time In Time Out Hours Worked
Carroll Stanley $24.94 8:00 AM 3:30 PM 7.5
Anne Ramos $18.14 9:00 AM 2:25 PM 5.41666666666667
Blanche Sanchez $17.94 7:30 AM 3:15 PM 7.75
Karla Fletcher $26.70 8:00 AM 2:10 PM 6.16666666666667
Devin Smith $24.30 9:00 AM 2:30 PM 5.5
Edna Hansen $22.85 8:00 AM 4:45 PM 8.75
Moses Swanson $26.98 6:30 AM 11:35 AM 5.08333333333333
Sherman Moss $17.71 8:00 AM 1:00 PM 5
Amber Rios $20.12 7:00 AM 4:30 PM 9.5
Lindsey Powers $23.69 8:00 AM 3:00 PM 7

Formula in cell E56:

=(D44-C44)*24
 other methods also)

mat = Ctrl + Shift + ~

decimal time answer by 24!!!!

Worked = (Later Time - Earlier Time)*24

Tax Rate
0.0765
Gross Pay Deduction Day's Pay or Net Pay
187.05 14.31 172.74
98.26 7.52 90.74
139.04 10.64 128.4
164.65 12.6 152.05
133.65 10.22 123.43
199.94 15.3 184.64
137.15 10.49 126.66
88.55 6.77 81.78
191.14 14.62 176.52
165.83 12.69 153.14

Formula in cell F56: Formula in cell G56: Formula in cell H56:

=ROUND(E44*B44,2) =ROUND(F44*$G$41,2) =F44-G44
In cell B8 create the formula for number of Hours worked Before Lunch
In cell B11 create the formula for number of Hours worked After Lunch
In cell B12 create the formula Total Hours Worked

Payroll Calculations for Total Time Worked:

Start Time 7:15 AM
End Time 10:45 AM
Hours worked Before Lunch
Start Time 11:30 AM
End Time 4:45 PM
Hours worked After Lunch
Total Hours Worked
or
Total Hours Worked
In cell B8 create the formula for number of Hours worked Before Lunch
In cell B11 create the formula for number of Hours worked After Lunch
In cell B12 create the formula Total Hours Worked

Payroll Calculations for Total Time Worked:

Start Time 7:15 AM
End Time 10:45 AM
Hours worked Before Lunch 3.5 =(B7-B6)*24
Start Time 11:30 AM
End Time 4:45 PM
Hours worked After Lunch 5.25 =(B10-B9)*24
Total Hours Worked 8.75 =B11+B8
or
Total Hours Worked 8.75 =SUM(B7-B6,B10-B9)*24
Create the formulas for the following columns: Hours Worked, Gross Pay, Deduction, Day's Pay or Net Pay

Tax Rate
0.0765

Employee Time In Time Out Wage Hours Worked Gross Pay Deduction
Emeline Mccreary 07:45:00 AM 2:15 PM $24.94
Chantel Dasilva 08:30:00 AM 12:45 PM $18.14
Mila Bedford 09:30:00 AM 4:00 PM $17.94
Gigi Robison 11:00:00 AM 6:45 PM $26.70
Cyndy Purnell 06:15:00 AM 12:15 PM $24.30
Tatyana Dick 07:15:00 AM 1:30 PM $22.85
Deandrea Lackey 11:00:00 AM 7:00 PM $26.98
Cythia Loy 09:45:00 AM 3:15 PM $17.71
Donte Dietrich 09:00:00 AM 4:15 PM $20.12
Liane Pelletier 08:30:00 AM 2:00 PM $23.69
 Time In Time Out
### 6:00 PM

Day's Pay or Net Pay

Create the formulas for the following columns: Hours Worked, Gross Pay, Deduction, Day's Pay or Net Pay

Employee Wage Time In Time Out Hours Worked Gross Pay

Emeline Mccreary $24.94 07:45:00 AM 2:15 PM 6.5 $162.11
Chantel Dasilva $18.14 08:30:00 AM 12:45 PM 4.25 $77.10
Mila Bedford $17.94 09:30:00 AM 4:00 PM 6.5 $116.61
Gigi Robison $26.70 11:00:00 AM 6:45 PM 7.75 $206.93
Cyndy Purnell $24.30 06:15:00 AM 12:15 PM 6 $145.80
Tatyana Dick $22.85 07:15:00 AM 1:30 PM 6.25 $142.81
Deandrea Lackey $26.98 11:00:00 AM 7:00 PM 8 $215.84
Cythia Loy $17.71 09:45:00 AM 3:15 PM 5.5 $97.41
Donte Dietrich $20.12 09:00:00 AM 4:15 PM 7.25 $145.87
Liane Pelletier $23.69 08:30:00 AM 2:00 PM 5.5 $130.30

Formula in cell E19: Formula in cell F19:

=(D7-C7)*24 =ROUND(E7*B7,2)
Pay or Net Pay

Tax Rate
0.0765

Deduction Day's Pay or Net Pay

$12.40 $149.71
$5.90 $71.20
$8.92 $107.69
$15.83 $191.10
$11.15 $134.65
$10.92 $131.89
$16.51 $199.33
$7.45 $89.96
$11.16 $134.71
$9.97 $120.33

Formula in cell G19: Formula in cell H19:

=ROUND(F7*$G$4,2) =F7-G7