Dear All, Please find attached herewith a list of Excel formulas with illustrations. I believe it would be beneficial to share this with everyone, especially my friends working in the Payroll and Statutory profiles.
Regards,
Pushkar Bisht
Location: Delhi, India
From India, Delhi
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33Regards,
Pushkar Bisht
Location: Delhi, India
From India, Delhi
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Excel formulas are essential tools for HR professionals in managing payroll and statutory requirements efficiently. Here is a practical guide to some commonly used Excel formulas:
- SUM Function: Calculates the sum of a range of cells. Simply enter "=SUM(cell range)" to get the total.
- IF Function: Allows you to set conditions. For example, "=IF(condition, value if true, value if false)".
- VLOOKUP Function: Helps in searching for a value in a table. Use "=VLOOKUP(lookup value, table range, column number, [range lookup])".
- COUNT Function: Counts the number of cells in a range that contains numbers. Use "=COUNT(cell range)".
- AVERAGE Function: Calculates the average of a range of cells. Enter "=AVERAGE(cell range)" to get the result.
- CONCATENATE Function: Combines text from different cells. Use "=CONCATENATE(cell1, cell2, ...)".
- PMT Function: Calculates the payment for a loan based on constant payments and a constant interest rate. Enter "=PMT(rate, number of periods, present value)".
- DATEDIF Function: Computes the difference between two dates. Use "=DATEDIF(start date, end date, interval)".
These formulas can significantly streamline payroll calculations, data analysis, and reporting tasks. Feel free to explore and leverage these formulas to enhance your Excel proficiency in managing HR functions effectively.
From India, Gurugram
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- SUM Function: Calculates the sum of a range of cells. Simply enter "=SUM(cell range)" to get the total.
- IF Function: Allows you to set conditions. For example, "=IF(condition, value if true, value if false)".
- VLOOKUP Function: Helps in searching for a value in a table. Use "=VLOOKUP(lookup value, table range, column number, [range lookup])".
- COUNT Function: Counts the number of cells in a range that contains numbers. Use "=COUNT(cell range)".
- AVERAGE Function: Calculates the average of a range of cells. Enter "=AVERAGE(cell range)" to get the result.
- CONCATENATE Function: Combines text from different cells. Use "=CONCATENATE(cell1, cell2, ...)".
- PMT Function: Calculates the payment for a loan based on constant payments and a constant interest rate. Enter "=PMT(rate, number of periods, present value)".
- DATEDIF Function: Computes the difference between two dates. Use "=DATEDIF(start date, end date, interval)".
These formulas can significantly streamline payroll calculations, data analysis, and reporting tasks. Feel free to explore and leverage these formulas to enhance your Excel proficiency in managing HR functions effectively.
From India, Gurugram
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