Basic Concepts (Table, Cells&Reference, Formating, Functions and Formulas)

Employee Table

Employee ID Name Date of Birth Today's Date Age Salary

E0001 Sam Lai 11/23/1965 58 3000

E0002 Gavin Chu 10/8/1970 2500
E0003 Terence Goh 8/15/1982 4500
E0004 David Wee 6/18/1980 3800
Total Salary 13800
ons and Formulas)

A Cell is referenced by Column and Row (e.g. A1)

Sales
Sales
Commission %
Commissio Cell Contains
n Amount

0.1 300 1 Values

0.02 2 Labels
0.15 3 Formulas
0.2
Employee Salary Table

Commencement Monthly Basic Sales for the

Emp ID Employee Name Date Birth Date Pay month
(Joined Date)

E01 Ali Bin Mohd. Hashim 02/05/1978 01/05/2017 $3,500.00 $7,800

E02 Allan Ang Kim Leong 06/02/1989 03/06/2018 $2,300.00 $9,230
E03 Bobby Chong 19/08/1958 01/03/2005 $3,000.00 $6,500
E04 Bridget Lim 03/08/1976 23/04/2011 $2,500.00 $9,700
E05 Sam Lai 08/08/1968 12/11/2015 $4,000.00 $7,800
E06 May Chia 04/01/1957 11/09/2010 $3,800.00 $6,900

Task 1 : Calculate Sales Performance Incentives amount by looking up the "Sales Perform

Task 2 : Calculate the number of years the staff have worked with the company

Task 3 : Award a Long Service Bonus of $80 to those who have worked for more than 8 y

Task 4 : Calculate Gross Salary (Basic Monthly Salary + Performance Incentives + Long Se

Task 5 : Calculate the Age of the employees for CPF Contribution calculation

Task 6 : Calculate Employee and Employer CPF Contribution

Example of CPF Calcuation :
Gross Salary $1,000.00 Age 30
Employee Contribution (20%) $200.00
Employer Contribution (17%) $170.00
Total CPF $370.00
Net Salary $800.00

Task 7 : Calculate Net Salary : Gross Salary - Emplpyee's CPF Amount

Task 8 : Create a Column Chart, Learn about SUMIF() function

Create a Column Chart
Create a Column Chart to show the Sales amount contributed by each staff
Employee Name Sales

Learn SUMIF() function

Use the excel function “SUMIF” to compute the total Net Salary for staff with age of 40 and below.

Gross Salary

Reference Tables :

Sales Performance Incentives Reference Table

Overall Sales in $ Perf. Incentive % Calculation Details

0 to 2999 0% Sales Amount in "0 - 2999" gets Additional 0% of basic p

3000 to 5999 3% Sales Amount in "3000 - 5999" gets Additional 3% of bas
6000 to 8999 7% Sales Amount in "6000 - 8999" gets Additional 7% of bas
9000 and above 8% Sales Amount above "9000" gets Additional 0% of basic p

CPF Contribution Rate https://www.cpf.gov.sg/employer/infohub/news/cpf-relat

Age Employer Employee
 Performance Year of Long Service CPF
Gross Salary Age
Incentives Employment Bonus Employee

p the "Sales Performance Incentives" Reference Table

e company

ed for more than 8 years

Incentives + Long Service Bonus)

 e of 40 and below.

Proper Format for Sales Commission Table

Performance
Overall Sales in $
Incentives

Additional 0% of basic pay for the month

ts Additional 3% of basic pay for the month
ts Additional 7% of basic pay for the month
Additional 0% of basic pay for the month

/infohub/news/cpf-related-announcements/increase-in-cpf-contribution-rates-from-1-january-2023
 Total CPF
CPF Employer Net Salary
Contribution
mission Table
PMT() Function - Calculates the monthly loan repayment

Loan Amount

Interest Rate (p.a.) Computation of Loans

The management has rec
Number of months one employee who wante
The total amount of the l
favourable annual interes
Repayment periods per year 12 to be paid back is 120 mo
the monthly loan repaym
Monthly Repayments
 mputation of Loans
e management has recently approved a 10-year study loan for
e employee who wanted to pursue his post-graduate studies.
e total amount of the loan is $60,000. He was given a very
vourable annual interest rate of 2%. The total number of months
be paid back is 120 months (i.e. 10 years x 12 months) Calculate
e monthly loan repayment using PMT() function
Product Sales

Product Total Sales

Product Salesper Sales Date Unit Price
Category Qty (Unit Price *
Code son (dd-mmm-yy) (VLOOKUP)
(VLOOKUP) Qty)

P001 Drink Sam 1/1/2021 $1.50 120 $ 180.00

P002 Drink Jane 1/1/2021 $1.30 130 $ 169.00
P003 Snack Sam 1/1/2021 $2.50 110 $ 275.00
P004 Snack Jane 1/1/2021 $3.20 150 $ 480.00
P001 Drink Sam 2/1/2021 $1.50 135 $ 202.50
P002 Drink Jane 2/1/2021 $1.30 145 $ 188.50
P003 Snack Sam 2/1/2021 $2.50 130 $ 325.00
P004 Snack Jane 2/1/2021 $3.20 160 $ 512.00
P001 Drink Sam 3/1/2021 $1.50 115 $ 172.50
P002 Drink Jane 3/1/2021 $1.30 130 $ 169.00
P003 Snack Sam 3/1/2021 $2.50 105 $ 262.50
P004 Snack Jane 3/1/2021 $3.20 145 $ 464.00
P001 Drink Sam 4/1/2021 $1.50 140 $ 210.00
P002 Drink Jane 4/1/2021 $1.30 150 $ 195.00
P003 Snack Sam 4/1/2021 $2.50 130 $ 325.00
P004 Snack Jane 4/1/2021 $3.20 180 $ 576.00

1) Use PivotTable to find out the Total Sales for Drink

2) Use PivotTable to find out the Total Sales for Snack
3) Use PivotTable to find out the Total Sales of the month of March
4) Use PivotTable to find out the Total Qty sold for Drink in April
5) Use PivotTable to find out the Sales Commission earned by each Sales person
 Product Information Table
Achieve
Sales Bonus
Net Sales Target Sales Target OR
Commission ($) Commission Product Code
($) ($) Below Target
(VLOOKUP) ($)
(IF)
0.00% $3.60 176.4 $ 250.00 Below P001
0.00% $3.38 16562.00% $ 250.00 Below P002
3.00% $5.50 26947.00% $ 250.00 Achieve P003
8.00% $9.60 47032.00% $ 250.00 Achieve P004
3.00% $4.05 19842.00% $ 250.00 Below
0.00% $3.77 18473.00% $ 250.00 Below Sales Commission Table (Applied to To
5.00% $6.50 31845.00% $ 250.00 Achieve Sales Amount
8.00% $10.24 50168.00% $ 250.00 Achieve 0
0.00% $3.45 16905.00% $ 250.00 Below 200
0.00% $3.38 16562.00% $ 250.00 Below 300
3.00% $5.25 25722.00% $ 250.00 Achieve 450
8.00% $9.28 45464.00% $ 250.00 Achieve
3.00% $4.20 20577.00% $ 250.00 Below Bonus Commission (Fixed %)
0.00% $3.90 19110.00% $ 250.00 Below (applied toTotal Sales)
5.00% $6.50 31845.00% $ 250.00 Achieve
8.00% $11.52 56440.00% $ 250.00 Achieve

h Sales person
uct Information Table

Product Category Unit Price

Drink $ 1.50
Drink $ 1.30
Snack $ 2.50
Snack $ 3.20

Commission Table (Applied to Total Sales)

Commission %
0
0.03
0.05
0.08

s Commission (Fixed %) 0.02

ed toTotal Sales)