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Hi,

I am working on salary calculations in Excel and facing an issue regarding PF calculation. We have set our basic salary at 6500 for 30 days for employees whose salary exceeds 6500. I have applied the PF calculation formula accordingly. However, in cases where an employee's salary is less than 6500 and they have worked only 15 days in the current month, I am unsure about the formula to use in this situation.

Regards,
Dilip

From India, Pune
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Dear Dilip You can use IF and then functio of EXcel for this problem. Regards Alpna Prasad
From India, Allahabad
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You can pur formula like : =if(or(basic salary<6500,days<30),0,basic salary*12%) here basic salary and days refers to cells containing salary and present days. Hope this will solve your problem.
From India
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Mr. Dilip, Please check this attachment, i hope that this attachment is use full. U. Muninder
From India, Hyderabad
Attached Files (Download Requires Membership)
File Type: xls PF CALC.xls (17.5 KB, 746 views)

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