How To Use NETWORKDAYS Formula To Calculate Salary of Employees in MS Excel - Sofia B - Precision Minister

How to use
NETWORKDAYS formula
to calculate salary of
employees in MS Excel
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PrecisionMinister@Gmail.com
What is
NETWORKDAYS?
Returns the number of whole

working days between start date
and end date.
Working days exclude weekends

and any dates identified in
holidays.
Use NETWORKDAYS to
calculate employee benefits that
accrue
based on the number of days

worked during a specific term.
Syntax:
NETWORKDAYS(start_date,
end_date, [holidays])
The NETWORKDAYS function

syntax has the following
arguments:
Start date: Required. A date that

represents the start date.
End date: Required. A date

that represents the end date.
Holidays: Optional. An optional

range of one or more dates
to exclude from the working

calendar, such as state and federal
holidays and floating holidays.
The list can be either a range of

cells that contains the dates
or an array constant of the

serial numbers that represent
the dates.
If any argument is not a valid

date, NETWORKDAYS returns
the #VALUE! error value.
Lets begin!
Open your MS Excel
Click on it
This is MS Excel
I will now input my

employees data
Type the classification

here of First name
And put the First names

of your employees
nd
2
Label the
row as
Last name
Place the last names of

your employees
Label the 3rd row as

Start date
Place the start dates of

your employees
Label the 4th row as

End date
Place the End date of

2015
Label the 5th row as

Salary
Place the Salaries of

your employees
Make room on the side

for Salary 2015
Put 2015 days
Put 2015 costs
You have now arranged

your database properly
We will now compute

their salary for 2015
Type on the side the

start day of 2015
And the last day of 2015
Click on this cell
Type =
Then click the first

salary
And then type / (to

divide)
Type Networkdays
Type open parenthesis (
Click the start date on

the right side
Click Fn+f4 to lock the

cell down
Type comma ,
And click the end date

on the right
Click Fn+f4 to lock the

cell down
Type close parenthesis )
And click enter
This is his daily salary
But as you can see his start

date is at 2016 and not 2015
Thus he should not have

a salary at 2015
So click this cell again
Type IF right after the

eguals sign =
Then type open

parenthesis (
Type AND
Type open parenthesis

again (
Click C2 which is the

employees start date
Type the greater than

sign >
Type equals sign =
Click on the start date

again on the right
Type comma ,
Click the employee start

date again on the left
Type less than sign <
Type equals sign =
And then click the end date

of 2015 on the right side
Put a close parenthesis )
Type comma ,
Click on the K2
And lock it down using

Fn+f4
Click on the K3
And lock it down using

Fn+f4
Type comma at the end

of the formula ,
Type Zero 0
And end it with close

parenthesis )
Click enter
Highlight the cell
Place your mouse at the

end of the highlighted cell
Till your cursor turned

into a plus sign +
Drag the plus sign + till

the last cell
And you can see, the employees

who started working on 2016
Now have Zero salary

for 2015
Now lets find how many days did

each employee work on 2015
Click on the cell
Type equals sign =
Type NETWORKDAYS
Type open parenthesis (
Click on the start date

of employee
Type comma ,
Click on end date of

2015 on the right side
Lock the cell down by

clicking Fn+f4
Click enter
Now you see how many days

the employee worked on 2015
Since this employee

started working on 2016,
the result is a negative

number
Highlight the cell


into a plus sign +
Drag the plus sign + till

the last cell
Go back to the previous

cell
Copy the IF statement

from its formula
Click this cell
And paste it in the

formula of this cell
Type comma , at the

end of the formula
Type zero 0
And click enter
Now the result is zero
Click on the cell


into a plus sign +
And then double click
Now you can see the total

working days of each employee
in 2015
So finally for the last column

which is the total 2015 cost per
employee
Click on the cell
Type equals sign =
Click on the 2015 salary

of the first employee
Type asterisk * to
multiply
Click on the 2015 days

of the first employee
Click enter
Click on the cell


into a plus sign +
And then double click
And now you have the total

2015 cost per employee
Congratulations, youre
done!
Credits to Microsoft Office and

Michael Herman of Youtube

How To Use NETWORKDAYS Formula To Calculate Salary of Employees in MS Excel - Sofia B - Precision Minister

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How to use

Returns the number of whole

Working days exclude weekends

based on the number of days

The NETWORKDAYS function

Start date: Required. A date that

End date: Required. A date

Holidays: Optional. An optional

to exclude from the working

The list can be either a range of

or an array constant of the

If any argument is not a valid

Open your MS Excel

I will now input my

Type the classification

And put the First names

Place the last names of

Label the 3rd row as

Place the start dates of

Label the 4th row as

Place the End date of

Label the 5th row as

Place the Salaries of

Make room on the side

Put 2015 days

Put 2015 costs

You have now arranged

We will now compute

Type on the side the

And the last day of 2015

Click on this cell

Then click the first

And then type / (to

Type open parenthesis (

Click the start date on

Click Fn+f4 to lock the

And click the end date

Click Fn+f4 to lock the

Type close parenthesis )

And click enter

This is his daily salary

But as you can see his start

Thus he should not have

So click this cell again

Type IF right after the

Then type open

Type open parenthesis

Click C2 which is the

Type the greater than

Type equals sign =

Click on the start date

Click the employee start

Type less than sign <

Type equals sign =

And then click the end date

Put a close parenthesis )

And lock it down using

And lock it down using

Type comma at the end

And end it with close

Highlight the cell

Place your mouse at the

Till your cursor turned