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Timesheets with cost ie overtime, time & half

  1. #1
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    10-18-2006
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    Unhappy Timesheets with cost ie overtime, time & half

    Hellppp!!

    I'm doing up a timesheet which has got 3 columns. It contains "Ordinary Hours", "Time & Half" and "Double Time".

    I require a formula which calculates the cost automatically. If I put in 10 hours Mondays to Friday I need Excel to calculate 7.2hrs for Ordinary Hours eg $50, and 2 hours Time & Half $55 and 0.8 hrs $59 for Double time. I'll probably need one formula in a cell and the rest I'd probably be able to adopt the formula.

    On Saturday it's first 2 hours for Time & Half and 8 hours on Double Time.

    Would anyone be able to help me with this?

    Regards

    Euwest39
    Last edited by euwest30; 10-18-2006 at 04:03 AM.

  2. #2
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    Ideally you should have 2 different formula for the weekdays and the weekends, but ofcourse you can combine the 2 with an if statement. For the weekdays you can use something like this:

    =MIN(A1,7.2)*50+MAX(0,MIN(A1-7.2,2))*55+MAX(0,MIN(A1-9.2))*59

    where A1 contains the number of hours.


    Mangesh

  3. #3
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    Timesheet with Cost ie overtime, time & half Part 2

    Hellppp again!!!!

    Okay so I've got the weekdays formula done, thank you. But what about the Saturday and Sunday. So if I have 2 hours for time and a half and the rest is overtime, how will I be able to do up the formula.

    So on my Total hours, could you tell me how the formula should be written please?

    Regards

    Euwest30

  4. #4
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    Maybe you should post your sample data.
    for the weekends, you can use
    =MIN(A1,2)*55+MAX(0,A1-2)*59

    Then simply add up the amount for all the days. Sorry, I had been travelling and couldn't reply sooner.

    Mangesh

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