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calculation for Annual salary based on date selected.

  1. #1
    Registered User
    Join Date
    02-21-2013
    Location
    India
    MS-Off Ver
    Excel 2007
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    2

    calculation for Annual salary based on date selected.

    Hello
    I want a formula by which i can calculate the total amount paid to the worker as Basic/HRA/PF etc. i have made a format where in all the data is fed month wise and i want a formula by which the yearly calculation should be done. my problem is if there is a annual increment in the month of April the salary in the month of March & rest of the months after April will very, so what can be the formula for that?? please help.

  2. #2
    Forum Contributor
    Join Date
    01-07-2013
    Location
    south africa
    MS-Off Ver
    Excel 2003-13
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    210

    Re: calculation for Annual salary based on date selected.

    Greetings
    It always helps to attach a sample of your spreadsheet.

    You need to provide more detail, i.e. will there always be an annual increment ? If not, how will you know, i.e. what part of your data provides that information ?
    Does your year run Jan to Dec ?

    So in theory it can be : monthly salary * 12 + annual increment * no. of applicable months

    Regards

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