How to Make Salary Sheet in Excel with Formula

Employee Basic Salary Allowance Gross Salary Deduction Net Salary

Mathew Jones $ 150,000.00
Adam Smith $ 150,000.00
Michael Clarke $ 200,000.00
Andy Mitchell $ 200,000.00
Jack Sparrow $ 225,000.00
David Luiz $ 220,000.00
Peter Williams $ 220,000.00
Emily Jones $ 150,000.00
Louis Henrique $ 220,000.00
Kevin Petersen $ 200,000.00
 Employee Database & Salary Structure

Employee Basic Salary Allowance as Basic Salary Percentage

Mathew Jones $ 150,000.00 House Rent 50%
Adam Smith $ 150,000.00 Transport 5%
Michael Clarke $ 200,000.00 Flexible Benefits Plan 15%
Andy Mitchell $ 200,000.00 Statutory Bonus 10%
Jack Sparrow $ 225,000.00
David Luiz $ 220,000.00 Deduction as Basic Salary Percentage
Peter Williams $ 220,000.00 Provident Fund 10%
Emily Jones $ 150,000.00 Income Tax 22%
Louis Henrique $ 220,000.00 Insurance 15%
Kevin Petersen $ 200,000.00
 Calculating Gross Salary

Employee Basic Salary

Mathew Jones $ 150,000.00

Allowance
House Rent $ 75,000.00
Transport $ 7,500.00
Flexible Benefits Plan $ 22,500.00
Statutory Bonus $ 15,000.00

Gross Salary $ 270,000.00

 Calculating Deduction

Employee Basic Salary

Mathew Jones $ 150,000.00

Deduction
Provident Fund $ 15,000.00
Income Tax $ 33,000.00
Insurance $ 22,500.00

Total Deduction $ 70,500.00

 Calculating Net Salary

Employee Basic Salary

Mathew Jones $ 150,000.00

Gross Salary $ 270,000.00

Deduction $ 70,500.00
Net Salary $ 199,500.00
 Make Your Own Salary Sheet

Employee Basic Salary Allowance Gross Salary Deduction Net Salary