Hello Seniors, I joined a startup company where there are less than 20 employees.Kindly help me to prepare a salary breakup. Regards, Archana
From India, Hyderabad
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1From India, Hyderabad
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Please check if this attachment would be of any help to you. You just have to enter the salary of the employee in the Gross Salary column and also input the number of working days in the Working Days column. The spreadsheet will automatically calculate the Net Salary for you.
Thanks & Regards,
Saritha
From India, Bangalore
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Thanks & Regards,
Saritha
From India, Bangalore
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Hi Saritha, the Excel sheet is good. Moreover, it depends upon the management as well. In that payroll, there is no calculation for PF contribution.
Hi Archana, kindly tell me the nature of the business and the approximate wage range. If wages are less, then there is no need for a complicated process.
Regards
From India, Bangalore
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Hi Archana, kindly tell me the nature of the business and the approximate wage range. If wages are less, then there is no need for a complicated process.
Regards
From India, Bangalore
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I agree with you that it differs from company to company and also depends on the management. I actually forgot to add the formula in the PF column, where the calculation wasn't shown.
Anyway, I am attaching it again. Please check.
Regards,
Saritha
From India, Bangalore
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Anyway, I am attaching it again. Please check.
Regards,
Saritha
From India, Bangalore
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Hi Saritha,
I apologize for bringing up the issue of PF calculation. I am a bit confused about the attendance allowance in both breakdowns and deductions. I believe the allowance should only be included in the breakdowns. If there is no attendance allowance, then there won't be any allowance; however, if there is, then we will provide the allowance.
Moreover, please note that the PT slabs vary from state to state. The PT slabs mentioned are accurate only for Karnataka.
Regards
From India, Bangalore
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I apologize for bringing up the issue of PF calculation. I am a bit confused about the attendance allowance in both breakdowns and deductions. I believe the allowance should only be included in the breakdowns. If there is no attendance allowance, then there won't be any allowance; however, if there is, then we will provide the allowance.
Moreover, please note that the PT slabs vary from state to state. The PT slabs mentioned are accurate only for Karnataka.
Regards
From India, Bangalore
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Dear Archana,
The breakup of salary differs as per the company's discretion. The allowances also vary. Please refer to the salary breakup format provided by our dear friend Saritha and discuss it with the management.
Regards,
Anabayan
From India, Madras
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The breakup of salary differs as per the company's discretion. The allowances also vary. Please refer to the salary breakup format provided by our dear friend Saritha and discuss it with the management.
Regards,
Anabayan
From India, Madras
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Hi Can anyone help me to create Salary Calculator for Start up I only want Basic,HRA,Conv,Special ,PF Thats it.so please share immediately
From India, Delhi
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From India, Delhi
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SALARY SHEET CALCULATION.xls
Salary calculation.doc