PAYROLL STATEMENT

Prepare a payroll statement of 10 employees for M/s Alpha Ltd for the month of Jan 2012 , in
the in the following format on the basis of following terms and conditions:
Fill information about Employee Identification (EmpId), Name of Employees and category on your
own
Emp Name Category Is Basic DA HRA TA Bonu Gross PF IT Total Net
Deduction
Code HRA s
(A/B/C)
is to
be
Paid

(Y/N)

A001
A002

Total

Terms & Conditions:

a) Employees are entitled to Basic, DA,HRA,TA and Bonus.
b) Allow any Basic salary in the range of 15000-50000(use any value in multiple of Rs.1000).
c) DA is to be calculated as 150% of basic for those having a basic salary up to 18,000 and 100%
for those having more than 18,000
d) HRA is computed as per the following scale:
Category HRA(Rs.)
A 5,000
B 7,000
C 9,000
e) TA will be calculated on the following criteria:
 Basic TA
< 16,000 30% of basic
≥ 16,000 & ≤20,000 45% of basic
>20,000 60% of basic

f) Bonus is payable @8.33% of (basic plus DA) if Category is “A” and round it to nearest
integers.
g) Provident Fund deduction is 15% of (Basic+DA) rounded to nearest 100.
h) 25% of gross salary is deducted as income tax.
Calculate the following:
Gross Salary = Basic + HRA + DA + TA+ Bonus
Total deduction = Provident Fund + IT
Net Salary = Gross Salary - Total Deduction
The above worksheet should be generalized to the extent possible and use appropriate cell
formats. Also plot the Gross salary in the form of composite histogram.
On the basis of salary information generated above find :
1. Maximum Salary received by an employee
2. Minimum Salary received by an employee
3. Average salary paid to employees by Alpha Ltd.
4. Count how many employees received salary greater than Rs. 30,000
5. Find out the total salary paid by the company to category A employees
Functions Used:
 Maximum
 Minimum
 And
 Round
 If
 Sum
 Average
 Countif
 Sumif