Payslip Format Word and Excel

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Employees Information: This section includes all the information about an employee. Employers present worker with a document when providing their wages or salaries which is recognized as payslip. Both of these salary slip formats were created using Microsoft Office® 2007. Salary slip is the transaction record provide by the organization to its employee in against to evidence of salary being paid.

We have the world class method for Payslip Template. If you want to make only Salary slip without keeping the data you can use our ready-to-use. Components of a Salary Slip: Although a salary slip structure varies from company to company. However, a regular salary slip has two major components i-e; Earnings and Deductions.

Salary Slip Format In Excel Free Download

What Is Corporate Salary Slip. Salary slip is a business document issued by the employer to the employee every month upon receipt of salary. It is also known as Payslip. Payslips are an important part of the Payroll process. We have created a Salary Slip Excel template with predefined formulas. It automatically calculates the Gross earnings and deductions. You just need to enter a small amount of data and our salary slip is ready in a few minutes. Additionally, you can download other accounting templates likeand Excel Templates from here. Let us discuss the components of this template in detail. Components of Corporate Salary Slip Excel Template The template consists of 5 major sections. Header Section As usual, the Header Section consists of the company logo, document heading, and the company name. Employee Details Section Employee details section consists of following employee details: Name. Salary Bifurcation Section Salary detail section is further divided into 2 subsections; Earnings and Deductions. Basic salary is the amount which an employee is eligible without any additional allowances or any kind of deductions. It is either fixed or variable. All stands for the conveyance allowance. All stands for Transport allowance. All stands for Special Allowance Category. Employer contribution to the Provident fund is the total 12 % of the basic salary. A formula has been setup which calculates the amount by itself. Thus, if the basic salary is above that amount template will automatically display 0. Exgratia or bonus is the sum of money paid with no obligation or liability to pay it back. Reimbursements items depend on the designation of the employee. One thing is to be kept in mind it also includes the employee salary slip format in excel file free download, which is not payable every month but is a part of the salary. The Employee contribution to Provident fund is total 12 % of the basic salary. A formula has been set up which calculates the amount by itself. Summary Section The summary section consists of the final calculation of the net receivable salary amount. Approval and Notes Section The last section consists of Approval and Notes section. The Notes include the instruction of the company if any for the employee. We thank our readers for liking, sharing and following us on different social media platforms. If you have any queries please share in the comment section below. I will be more than happy to assist you.

Coming back to your query, When you delete the columns you need to configure the formulas accordingly in salary slip as well as consolidation sheet. Best Regards Rajesh Suwal 977-9851065203 Thanks for the appreciation dear. How to create Payslip in Excel? We have created a Salary Slip Excel template with predefined formulas. Payslip template is also a best and easy way to prepare payslips easily. Levied by the state government, the amount of professional fund varies based on your income. Organizations and businesses use salary slips to have a correct and exact idea regarding how much money has been paid to workers as salaries. Plus the slips holds the complete records of date and person working in the company and sometimes exceeding more, slips tells about the previous financial transactions as well. So, the net pay that will be credited to your account will be total earnings — total deductions. You can acquire Get A Payslip Template For Excel.