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Formula to calculate nssa deductions on due date

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    Formula to calculate nssa deductions on due date

    Hi

    I am kindly asking for a formula to calculate NSSA deductions on due date.

    Thank you.
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    Re: Formula to calculate nssa deductions on due date

    Hi
    what does NSSA mean please?

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    Re: Formula to calculate nssa deductions on due date

    Is the data ALWAYS sorted as per your example i.e, Name and ascending data?
    If that takes care of your original question, please select Thread Tools from the menu link above and mark this thread as SOLVED.

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    Re: Formula to calculate nssa deductions on due date

    Hi

    NSSA is NATIONAL SOCIAL SECURITY AUTHORIY. ALL companies are required to deduct 4.5% on employee's basic salary. This money will be paid back to employees when the go on pension and if there are involved in accident at work.

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    Re: Formula to calculate nssa deductions on due date

    Hi

    Names and data are not always sorted in ascending order.

    NSSA is NATIONAL SOCIAL SECURITY AUTHORIY. ALL companies are required to deduct 4.5% on employee's basic salary. This money will be paid back to employees when they go on pension and if there are involved in accident at work.

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    Re: Formula to calculate nssa deductions on due date

    Can they be sorted? If not, can we assume that the earliest date in a month for a given name is the payment to be considered?

    Please post a more representative file.

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    Re: Formula to calculate nssa deductions on due date

    Hi

    Dates can be sorted in ascending order but names in any order. t's best we are assume that the earliest date in a month for a given name is the payment to be considered.

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    Re: Formula to calculate nssa deductions on due date

    Maybe try

    =MIN(E14,HLOOKUP(C14,$B$6:$M$9,3,))*$B$7*(A14<>A13)
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    Re: Formula to calculate nssa deductions on due date

    Try

    in F14

    =IF(COUNTIF($A$14:$A14,$A14)>1,"",MIN(D14,INDEX($B$8:$M$8,0,MATCH($C14,$B$6:$M$6,0)))*$B$7)
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    Last edited by JohnTopley; 10-01-2021 at 07:19 AM.

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    Re: Formula to calculate nssa deductions on due date

    Two formulas are given, since you have noted 10-9-21 as August.
    Formula 1. Works for all months taking month from "Date" column (B).
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    Formula 2. Works for all months taking month from "Period" column (C).
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    Last edited by kvsrinivasamurthy; 10-02-2021 at 12:49 AM.
    Pl note
    Array formula should be confirmed with Ctrl+Shift+Enter keys together.
    If answere is satisfactory press * to add reputation.

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    Re: Formula to calculate nssa deductions on due date

    Hi

    My apologies for late replying. I was out of network coverage. Thank you all for helping. Kvsrinivasamurthy's formula 2 produces the desired outcome (Works for all months taking month from "Period" column (C).

    Thank you once again.

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