I have created a spreadsheet to work out deductions from gross weekly pay to give a net amount. I would like to be able to get from a net amount back to a gross amount but am unsure of how to do this.
Deductions are tax and national insurance. A person has a tax code for example 885 meaning they can earn up to 8850 a year before being taxed of 8850/52 a week so anything after 8850 is taxable. There are two tax rates (10% )and (18%). The band for 10% is 10500 per year or 10500/52=201.92 a week. This means any taxable pay above 201.92 is taxable at 18%.
To work out National insurance deductions for an employee, weekly gross amount- 100 x 10% giving the National insurance to be deducted. So Gross - Tax - National Insurance = Net amount.
Attached is a spreadsheet I created to work it out. Firstly does this look okay? Secondly is it possible to get back to the gross amount given ONLY a net amount and a tax code?
We are working on a spreadsheet that would project what our labor cost would be for next week. I need some help in figuring out how to calculate overtime when an employee reaches 40 hours.
I've got a list of companies and what I need to do is find a way of showing the top five in order. I've found a way of showing the top five gross profits but I can't find a way of also showing which company this corresponds to as some of the values apply to more than one. Ideally I would like to do it with a formula or two.
I'm trying to calculate a weighted average gross margin but am having difficulty because I've instances of positive cost of sales and negative revenue. On a line by line basis I've had no problems calculating the margin but when it comes to calculating the weighted average margin as a whole I come unstuck. Looking at the data below (A1:D14) you can see that the margin should be somewhere between 90-99%.
Total RevenueCost of SalesGross ProfitGross Profit %4,805(449)4,35690.6%4,992(330)4,66293.4%3,467(246)3,22192.9%4,974(317)4,65893.6%3,873(130)3,74396.6 %3,756(258)3,49893.1%3,955(128)3,82796.8%2,872(59)2,81397.9%1,401(1)1,40099.9 %(10,987)21,45810,47195.3%3,042(172)2,87094.3%2,748(40)2,70998.6%2,682(172)2,51093.6%
I am using Excel 2002 in Xp and also want to use the spreadsheet on my Pocket PC using Pocket Excel.
I have a column of 10 numbers with rows 1,3,5,7 & 9 representing the individual gross scores of the 5 team members. Rows 2,4,6,8 & 10 have either a 0 or -1 (calculated) in them representing the strokes (or discount) the player receives for that hole. So the net scores for each player will be row 1 + row 2 and so on.
I need a formula that will calculate the total of the 2 lowest net scores and 1 low gross score with the score for each player only being used once which will then represent the team score for that hole.
A sample column would have 4,0,3,0,4,0,3,0,5,-1 in it.
I have a problem in saving multiple pdfs from excel. I am posting a sheet here. First sheet has the employee details. Second sheet have the template for payslip. My aim is to save pdfs of templates of all the employee in the list using a macro.
currently i am doing it as
1. In sheet 2, I lookup each employee using the serial number of employees at the top left corner cell of the template.
2. Once the details are updated in sheet 2 i save it as pdf in my desktop.
The problem with recording macro and looping is that the pdfs are overwritting and the last pdf alone is saved. i could not find how to change the pdf name for every loop.
I am having a little trouble with IF. My pest control sales people are paid on straight commission. In addition to paying them a sliding percentage of the total contract value I pay them 50% of everything above $100 they charge on the initial service.
I am trying to calculate payroll. I have 2 columns where regular hours and overtime hours are manually inputed. They are then multiplied by their respective pay per hour columns to come up with regular and overtime pay. The next column adds these to get total gross pay. That gross pay is then multiplied by the FICA and FICA Med factors to figure those taxes(2 different columns). I then have a column the adds all deductions to get total deductions(Fed,FICA,FICAMed,St). The last column subtracts total deductions from the gross pay column to get net income. My problem is the net pay column is $.01 off sometimes.
I think what is happening is I obviously have all columns in dollar amounts with 2 decimal points. Some function columns have multiple decimal points in the answer and then are only showing the 2 decimal points. When those columns are used in the next equation, instead of using the dollar amount that is showing with 2 decimal points, it is remembering the multiple decimal points. This is resulting in being a penny off when I get to the end. How can I get the equations to use what actually shows in the columns(2 decimal points) instead of remembering multiple decimal places?
Each payweek I receive about 600 records some with duplicat names if an ee works overtime. I then look at previous payroll and extract a given account code. Because some ee's work overtime the rows do not always synchronize in count or names.
Any BEST lookup function? Or BEST tool? Is access a more logical option?
Sso if you've done payroll before, you may have run into the 53rd instance of a payroll week. Today I've been editing my payroll template to compensate for this occurrence and I've almost got it complete but of all things to mess up on me, a hyperlink is the problem.
I have a legend where I can see all of the payroll week periods, the amount paid, PTO used, etc. And ALL of my payroll sheets are named "Payroll #1", "Payroll #2" ... "Payroll #52" and have a cell on my legend that hyperlinks to cell $A$1 of the corresponding sheet. But when I went to add in this 53rd week, the hyperlink has decided not to work. It will work if I name it anything else, and it will work if I take the # out of the name it will work, but I want to have the # in the sheet name because all other 52 sheets are named thusly and I would rather fix this one link than go back and replace 52 other working links and risk breaking something else.
Here is an example of one of my working links: Screen Shot 2013-07-30 at 5.41.42 PM.png
I created the Payroll #53 the same way: Screen Shot 2013-07-30 at 5.42.50 PM.png
But it always resets to this as soon as I try using the link: Screen Shot 2013-07-30 at 5.42.15 PM.png
And pops up this error: Screen Shot 2013-07-30 at 5.47.35 PM.png
I do have a VBA Macro that hides both that sheet, and the row referencing Payroll #53 on the legend by using a checkbox. I'm not sure why the # sign is making everything so difficult when there are 52 other hyperlinks that use it also. I tried deleting my macro to see if that was part of the problem but it still refuses to properly create the hyperlink. I also tried rebooting to see if that was part of the problem but it wasn't.
As a side note, this particular cell will not link to any page with a # in the name. Screen Shot 2013-07-30 at 5.45.51 PM.png
I tried creating the hyperlink on a Windows based machine (since Microsoft is native to the OS after all) and it worked. So it must be a bug or something in the Mac version.
So I can easily put together a formula that maintains a consistent markup price across varying costs. Is there a formula that will give me a consistent gross margin % as I drag down a series of costs?
So if the cost is 158 a 42% mark up would be 224.36 but the Gross Margin % is only 29.58. I want to be able to hit a 42% mark up across the board.
It is Gross Profit in Dollars and % for a particular project. Each row is a contract Item. The Overall Gross Profit for the month in dollars is 34,114.86 In preparing a short commentary to discuss this 34,114.86 I need to discuss atleast some contract items. If there were no negative results I have often in the past simply written. The top 5contributors to this Gross Profit were contract items 1 -6, out of 42, delivering 80% of the result. I might also go into what actually those contract items were and why they presented such a decent Gross Margin, ie. Costs came in well under budget(estimate). But with negative results, the bottom 4 contract items represent a large dollar loss of-34k which is 100% basically of the Gross Profit itself. If these had even just broken even we would have a GP double the current amount. So they obviously deserve as much comment.
Q1 In excel orsimilarly in say Crystal Reports what is a good way of further sorting these 42records either in a table or chart, whereby say the top 80% contract items that had a major impact on the gross profit are shown and the rest hidden. Ie. All thelittle sub 1000 or sub -1000 amounts.
Q2 How wouldother people here write a commentary on this data set? Can you script something to illustrate?
I have multiple departments I need to keep track of multiple numbers with. For example, I need to see the cost of payroll for last fiscal year, vs this fiscal year and have excel show that as a gain (bad) or shrink (good).
I need to track sales this FY vs last FY, obviously, a gain is good and shrink is bad.
Finally, I need to track d&d goods this FY vs last FY.
Where I'm getting held up is, for example last year's payroll was 12000 and this year's is 12500 but next months is 11000 this FY vs 13000. How do I get excel to figure out that payroll decreasing is good and not just do simple subtraction or negative addition thereby allowing me to just plug the numbers in and excel figure out if what I'm throwing at the cell is bad or good comparing to last year?
Also, if I could figure out the if/then to show positive numbers green and negative numbers red that would be quite awesome too.
I need to determine federal tax withholding from gross pay.
If gross amount (for S-0 = single no dependents) is Over.................But NOT Over............Then Subtract.........And multiply $0.00...............$195.00.....................$5 1.......................10% $195.00............$645.00.....................$99 .......................15% $645.00............$1,482.00..................$351 ......................20% $1,482.00..........$3,131.00..................$447 ......................25% $3,131.00..........$6,763.00..................$849 .....................30%
If gross is $400 then what are the total taxes taken out? Could someone please provide a formula?
I currently have an Excel payroll extract that populates a start date and end date via the calender control 11 user form.
What I have found out is I need to inject some sanity to this application. I can not have users select days that are outside of a pay period.
The users should only be able to select the first or the 16th of the month for a pay period start. Then they can only select the 15th or the 28th/31st for the pay period end.
What I am trying to do is have them select the month and the pay period start date, then the end date would automaticly be selected. But I don't want to have to create a bunch of loops to counter for the differing month end dates or leap years.
I have a payroll spreadsheet and I want to highlight cells that have hours entered for vacation. For example, in cell E4 I put the job name which is "VACATION" and in cells G4 through M4 I put the hours in for each day. (G4 is Monday, H4 is Tuesday, etc.)
I tried to put a conditional formatting using the following formula ="IF(E4=""VACATION"")" then I chose the fill color however it is not working.
In Australia we calculate Insurance Premiums usually being a Base Premium, Plus Stamp Duty, Plus Fire Service Levy (FSL) Plus Goods & Services Tax (GST) - there is no GST on Stamp Duty, however Stamp Duty is calculated on the total of Base Premium (+ GST) Plus FSL (+ GST).
See below: NET TO GROSS i.e. Base plus FSL, plus GST, plus Stamp Duty. Base PremiumUnderwriter provides Key in blue box onlyBase785.68 StateSA TypeMotor FSL0% 0 GST10% 78.57 Stamp11% 95.07 The total premiums is Total Premium959.32
We want the following formula/calculation to be able to just load a Gross/Total Premium figure and have excel calculate the base premium i.e. Total premium - Stamp Duty - GST - FSL GROSS TO net
Total Premium Key in Total Premium00 Stamp duty $- 11% GST $- 10% FSL $- 0% The base premium isBase0.00.0.00
Formulae must allow for changes in % rates above (i.e. 11% stamp duty and 0% FSL may be different in each state and a potential change in the GSTrate) as these differ from each state and we need to show the actual amount of each component i.e. Stamp Duty, GST and FSL in the calculation.
Fire Services Levy (FSL) is calculated on a Base Premium plus GST (10%) - FSL varies from State to State, so we need to be able to input the relevant State % rate, GST is calculated on Base Premium (ex GST) plus FSL (ex GST), Stamp Duty is calculated upon Base Premium (plus GST), FSL (plus GST),
provide the respective formulae so that we can do this calculation ourselves using different rates and Total Premium figures.
I have a series of monthly revenues and want to calculate each month a commission % - but only want this commission calculated up to a defined limit from the previous months and current month and then to stop when the limit is reached.
Overdue is received in previous slot and still under dependency.
Formula used for untouched - B2+C2-D2
SLA Target Min - 98% and Max 99%
Algorithm - (Total Number of Allocations completed within 5 business days Plus Type A Exclusions) / Total Number of Allocations received minus Type B Exclusions) * 100
I need a individual SLA achieved % which includes untouched too.
How do I calculate YTD from 1 MTD cell? The YTD cell needs to keep a running total of the MTD cell. If the current YTD cell has the number 11 in it and I typed 2 in the MTD cell the YTD cell needs to increase by 2.
What I need is to add a field that gives a gross margin percentage for a project.
To begin, I simplified the following data that the Pivot Table is using. Project (10 different projects), Account Number, Account Category (Revenue, and Cost), Debit Amount, Credit Amount, and a manually inserted column named Total (CR Amount - DR Amount). See 1st image. Pivot1.jpg
I have designed the Pivot table so it lays out like this. Pivot2.png Pivot3 (2).png
I have been trying to enter a calculated field that would automatically provide the Gross Margin Percentage. In the 2nd image, the Grand Total is the gross margin, but I am unable to use that as a selection when creating a calculated field.
I am trying to figure out the calculation steps that Goal Seek is doing behind the scenes so I can create the formula rather than clicking on goal seek whenever I need to make a change. I need to maintain certain weeks of supply every week depending on the sales. Let's say i want to maintain 5 weeks of supply every week, I would like to insert a column for "Suggested To Order' column that would change if weeks of supply goes below 5. In this scenario I would do a Goal Seek, but I want to automate the calculation so I don't have to do this step every week.
i need to total a range of cells, however, these contain time values; hh:mm:ss. it shows me the total when all cells are highlighted. but =sum() doesn't work.
I have a spreadsheet with several formulas where I have to go into each one of them to activate the calculation. I use F2 and enter. Automatic calculation is on. Do any of you know how this can be done automatically. A VBA-code will fit the purpose.
My understanding of Excel is that the calculations are performed in Column A first and then down through the rows in Column A. After all the calculations are finished in A, the calculation moves over to Column B and down the rows in B. Is this true?
I know that Excel is a little more complicated than that especially when it creates a queue for calculations, etc. However, assuming there's no calculation list/queue, would the above be correct?
I'm creating a spreadsheet to calculate materials with the following columns Cost/10% of Cost/Customer Cost/Qty/Total cost.
I understand that whilst showing rounded to 2 decimal places excel stores more than this in the cell. which then throws out the Total cost by a few pence.
My research leads me to believe I need to use the ROUND function but I'm unsure which cell to use it or how.
