Payroll Worksheet

Project 1
Addis international bank bole branch has five employees whose salaries are paid according to Ethiopian
calendar month. The following data related to the month of hidar.

EMPLOYEE BASIC SALARY ALLOWANCE OVERTIME

NAME
Kebedeseman 2,500 900 4hrs weekend
4hrs holiday
2hrs normal
Girmamamo 5,000 1,000 6hrs weekend
Alemuabera 10,000 1,200 8hrs holiday
Abebekidus 12,500 1,400

Additional information
 All employee are permanent
 All employees are expected to work 40 hrs. per week
 All employee allowance up to birr 400 is tax exempted
 All employees are contributing their monthly salary for abay dam the month balance are paid for
one year.

Required
Task 1.1 prepare payroll register sheet
Task 1.2 calculate OT, income tax and pension
Task 1.3 journalize the necessary journal entries

PROJECT-2

Assume that worku private limited company pays salary according to Ethiopian calendar. The company
pays salary at employees’ bank account every month. The details for the month of Sene30, 2003
presented as follows.

S.NO. EMPLOYEE OF POSITIO BASIC ALLOWANCE OVERTIME

NAME N SALARY
E001 Abush dagne Supervisor 4,800 800 400
E002 Mulualem hailu Manager 5,200 800 300
E003 Getenet mamo Accountant 3,400 500 400
E004 Fikire asaminew Cashier 2,400 300 350
E005 Bibiyam gizaw Technician 2,800 400 -
 Additional Information
 All employees are permanent.
 All employees allowance is non-taxable?
 The employer and employees are expected to contribute 11% and 7% to pension respectively.
 The company pays Br 20 for the bank for each employee every month.
Required
Task 2.1 Prepare a payroll register as of Sene 30, 2003?
Task 2.2 Calculate the income taxes, pension and service charges?
Task 2.3 Journalize the necessary entries?
Project 3
United Trading has the following Employees information for the month of June, 2015

No, Name of employee Basic Salary Overtime

1 Zelalemtesfahun 600 150

2 Fikadu Haile 1000 500

3 Soliyana Daniel 3000 300

4 Ayana berya 5000 200

Additional information
 The company paid allowance 10% of basic salary for each employee
 All employee allowance is taxable
 Pension contribution is 9 % from Employer and 7% from employee
 All employee are permanent
 Bank service charge of each employee is 10 birr paid by the employer

Required:-
Task 1.1 Prepare Payroll Registered Sheet
Task 1.2 Record the Journal entry for the month of June, 2015
Task 1.3 record the Journal entry for the payment of Payroll Liability
Project 4
Zelalem Trading has the following Employees information for the month of June 2015
Name of Basic Overtime Duration of overtime

Employees Salary Allowance Hours worked Hours worked

Getahun Dessie 3,150.00 1,000.00 4 hrs Public holiday

Menberu Mekuanent 4,320.00 1,000.00 8 hrs Week end

Yesahreg Reta 5,230.00 1,000.00 6 hrs 10:00Pm-6:00AM

Belay Tekle 1,890.00 800.00 8 hrs Public holiday

Alhegn Bantie 2,230.00 800.00 10 hrs 6:00Pm-10:00Pm

Additional Information
 All employees are permanent and expected to work 40 hrs per week
 Transportation allowance in not taxable
 40% of allowance is for housing allowance and the remaining is for transportation allowance
  10% of basic salary is deducted for credit and saving association from all employees
 15% of basic salary is deducted from Alhegn Bantie to be paid to ERCA for cost sharing

Required

Task 3.1 Prepare payroll register sheet for the month of June 30, 2015

Task 3.2 Record the necessary journal entries for the month of June 2015

Task 3.3Record the journal entries for the payment of payroll liability

Task 3.4 Zelalem trading makes salary payment to employees by bank and you assigned to prepare Bank transfer
latter but the bank letter for Yeshihareg is not correct and she complains this issue for correction. How can you
handle this complain and resolve the problem.

Project 5
No. Name Gross earning Gross Deduction Total Net
earning deduction pay
Basic Allowance overtime EIT Pension Abay Saving
salary earning association
01 ALEX 5,800 1,200

02 DESTA 2,100

03 HANA 1,200

Additional information

a. During the month ATO desta overtime worked 10 during public holiday.
b. All employees are permanent and expected to work 8 hours per day 160 hours per month.
c. All employee are expected to contribute 10% of their basic salary for abay renaissance per month.
d. All employee allowance are taxable
e. During the month Ato ALEX contributed to birr 500 saving and credit Association.

Instruction:-

Task 1.1 prepare payroll register sheet for the month of January

Task 1.2 journalize the necessary entries

Project 6
MODEL 1BThe following data are show for ABC Company for the month of sene 30, 2009
N.S Name of Basic Transportation Over time Hrsworked Duration of over Basic salary
employees salary allowances time worked per hour

1 MARTA 4,800 900 10 Up to 10 pm 30

2 ALEMU 2,920 --- 8 10pm-5Am 12
3 SELAMU 6,400 --- 6 weekly 15
4 SEMIRA 9,160 600 -- -- 13.5
5 DESTAW 1,340 100 10 Public holiday 9
Additional information
1. Marta birr 800, Semira birr 540 and Destaw Birr 100 of transportation allowances is exempted.
 2. Alemu is not permanent employees
3. Birr 300 per month deduct from selamu for credit association
Required
A. Prepare payroll under the tax and pension law.
B. Show all necessary journal entries required on sene 30, 2009.
C. Show journal entries to recordthe payment of withholding.
Project 7
The payroll data of Adama Textile Company for the month of February 2018 is given bellow

Name Basic salary Housing allow Representation OT Hrs. worked

allow(exempted)

Abebe 7,800 1,800 1,500

Bekele 5,370 1,200 800

Marta 4,100 700 1,000

Seble 3,400

Tesfaye 2,350 20 hrs. 6am-4pm

Belay 1,350 20 hrs. Holiday

Additional Information
 All employees 20% of basic salary is given as none taxable desert allowance
 All employees are worked 160 hrs. during the month
 All employees are permanent and contributing 7% pension
Required
 Prepare payroll register for Adama Co for the month of February 2018
 Pass the required journal entries

Project 8
The following tables present the employees earning for the month of October 2018
No Employees Basic salary Monthly Over time worked
name Allowances

1 Lelise 12,600 2,100 -

2 Alemu 6,700 1,600 6 Week ends

3 Hagos 4,600 - 12 Public holiday

4 Alembo 2,200 - 18 10PM-6AM

Additional information
1. The employees is expected to work 39 hours per week and any extra hours worked are entitled for
over time payment
2. All employees allowances up to 1,500 are tax exempted
3. All employees are permanent
4. Pension contribution by employees and employer are 7% and 11% respectively
5. All employees are contributing 10% basic salary to credit and saving union except Alemu and
Alembo who contribute 5% basic salary

Required
A. Prepare payroll register
B. Record pass necessary journal entries
Project 9
The payroll data of WXY Company for the month of January 2021 is given bellow
NO Name Basic salary Transportation Overtime
allowance
1 Abel 10,000 1,500 1,000
2 Belay 8,000 1,000 500
3 Hana 7,800 800 200
4 Abeba 5,500 400 -
5 Kirubel 3,200 500 800

Additional Information
 All employees 11% of basic salary is given as housing allowance
 All employees are worked 160 hrs. during the month
 All employees are permanent and contributing 7% and 11% pension
 All employee agreed to contribute 10% of their basic salary for saving and credit association
Required
Task 3.1 Prepare payroll register for WXY Company for the month of January 2018
Task 3.2 Pass the required journal entries