Scribd
Upload
191 views3 pages

Payroll Computation for January 2023

This document contains payroll computations for three employees - Alexander Menlo, Haydee Flores, and Marie Sarmiento - for the periods of January 1 to 15 and January 16 to 31. It shows their basic pay, overtime pay, deductions for SSS, PHIC, PAG-IBIG, and taxes. Marie Sarmiento's monthly salary is the highest at 50,000 pesos while Alexander Menlo and Haydee Flores' monthly salaries are 30,000 pesos and 25,000 pesos respectively. The document also contains notes on calculating daily and hourly rates from monthly salaries.

Uploaded by

USD 654
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
191 views3 pages

Payroll Computation for January 2023

This document contains payroll computations for three employees - Alexander Menlo, Haydee Flores, and Marie Sarmiento - for the periods of January 1 to 15 and January 16 to 31. It shows their basic pay, overtime pay, deductions for SSS, PHIC, PAG-IBIG, and taxes. Marie Sarmiento's monthly salary is the highest at 50,000 pesos while Alexander Menlo and Haydee Flores' monthly salaries are 30,000 pesos and 25,000 pesos respectively. The document also contains notes on calculating daily and hourly rates from monthly salaries.

Uploaded by

USD 654
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

COMPUTATION

Alexander Menlo Haydee Flores


January 1 to 15
Basic Pay 30,000/2 15,000 25,000/2 12,500
Holiday Overtime 1,146.50x200% 2,293 955.41x200% 1,910.82
(1,910.82/8)*130%*2 310.51
TOTAL 17,293 14,721

January 16 to 31
Basic Pay 30,000/2 15,000 25,000/2 12,500
Holiday Overtime 1,146.50x200% 2,293 955.41x200% 1,910.82
(2,293/8)*130%*2 745
TOTAL 18,038 14,411

NOTES
Monthly Rate 30,000 25,000
Daily Rate (30,000x12/314) 1,146.50 (25,000x12/314) 955.41
Hourly Rate (1,146.50/8) 143.3125 (955.41/8) 119.4263
PAYROLL
Marie Sarmiento For the Period January 1 to 15
Gross Pay SSS
50,000/2 25,000 Alexander Menlo 17,293 800
1,910.83X200% 3,821.66 Haydee Flores 14,721
(3,821.66/8)*130%*2 1,242.04 Marie Sarmiento 30,064
30,064 TOTAL

For the Period January 16 to 31 (Annu


50,000/2 25,000 Gross Pay
1,910.83X200% 3,821.66 Alexander Menlo 18,038
Haydee Flores 14,411
28,822 Marie Sarmiento 28,822
TOTAL

50,000 For the Period January 1 to 31 (Mon


(50,000X12/314) 1,910.83 Gross Pay
(1,910.83/8) 238.8538 Alexander Menlo 18,038
Haydee Flores
Marie Sarmiento
TOTAL
PAYROLL
riod January 1 to 15
PHIC PAG-IBIG Net Pay
450 100 15,943

od January 16 to 31 (Annualized)
Withholding Tax Net Pay
1,833.33 16,205

riod January 1 to 31 (Monthly)


Withholding Tax Net Pay
2,999.50 15,039

You might also like