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Create a table with columns for employee names, total days, present days, absent days, and late days. Use the 'COUNTIF' function to count the number of times an employee's name appears in the 'Present' column and the 'SUMIF' function to calculate the total number of days.
Formula for calculating payroll Net Pay = Gross Salary ? Gross Deduction. Gross Salary = Basic salary + HRA + DA + Allowances + One-time payment/incentive (Reimbursements, Arrears, Bonus, etc.)
A faster way to do AutoSum in Excel is to use the Sum shortcut Alt + =. Just hold the Alt key, press the Equal Sign key, and then hit Enter to complete an automatically inserted Sum formula. Apart from calculating total, you can use AutoSum to automatically enter AVERAGE, COUNT, MAX, or MIN functions.
Advanced Excel Formulas INDEX MATCH. Formula: =INDEX(C3:E9,MATCH(B13,C3:C9,0),MATCH(B14,C3:E3,0)) ... IF combined with AND / OR. Formula: =IF(AND(C2>=C4,C2<=C5),C6,C7) ... OFFSET combined with SUM or AVERAGE. Formula: =SUM(B4:OFFSET(B4,0,E2-1)) ... CHOOSE. ... XNPV and XIRR. ... SUMIF and COUNTIF. ... PMT and IPMT. ... LEN and TRIM.
An Excel template is a predesigned sheet that can be used to create new worksheets with the same layout, formatting and formulas. With templates, you don't need to recreate the basic elements every time as they are already integrated into the spreadsheet.