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in Use of Spread Sheet in Business Application by (25.6k points)
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Prepare the payroll of Amal Bros, for the month of January 2016.

  • DA – 36% of Basic Pay 
  • HRA – Rs 500 
  • CCA – 6% of Basic pay

Deduction: 

1. PF subscription – 8% of BP. 

2. Group insurance premium Rs. 200 below basic pay Rs. 6000 and for others Rs. 350. 

3. Tax deducted at source 10% of Gross Pay for employees below gross pay of Rs. 10000 arid for others 20%. Also, find out the total salary payable to employees for the month.

1 Answer

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by (27.3k points)
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Best answer

Procedure: 

Step 1 – Open a blank work sheet in LibreOffice Calc 

Step 2 – Enter the following details in the following cells.

Step 3 – Enter the following formula in the respective cell

Cell Formula
C2 = B2 * 36%
E2 = B2 * 6%
F2 = SUM(B2: E2)
G2 = B2 * 8%
I2 = IF(B2 < 6000, 200, 350)
J2 = IF(F2 < 10000, F2 * 10%, F2 * 20%)
K2 = SUM(G2: J2)
L2 = F2 – K2

Step 4 – Copy the formula down up to the last employee.

Name of Employee Net Salary
Jaizal Grace 7134
Haizal Rose 7218.80
Joshwin Zian 6688
Anlino Zinan 6359.80

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