This question mainly related to pay rolls in excel could i
get the formulae for this
an employee is working 8 hours in the company the excess
of eight hours will be treated as o.t

Answer Posted / suburam

Rough: -

Working - 8hrs
Overtive - 8hrs

Answere:-

If the person get per day salary - Rs.300/- (Gross =
Rs.7800/-)

For Salary calculation

= sum(Gross salary / No. of Working days) reflect as
Rs.300/-

For OT Salary calculation

= sum (per hour salary * 8) reflect as Rs. 300/-

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do u mean by pass through expenses? give examples, how it will be accounted & billed?

5482


Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L

2017


what is circuit filter?

1511


what is cost accountinp

1760


What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?

1802






what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1465


In what cases can Convertible bonds be considerred as derivatives?

1781


reason for difference in Balance sheet (Asset side & Liabilites side)

1574


we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?

1630


What are the rates of Depreciation? Like machinery items, wooden items?

1556


what are micro-cap, small-cap, mid-cap, large-cap companies?

1781


Short Answer on ___________fluctuating capital

1589


Short Answer on _________Accounts Receivable

1471


What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

1742


What si the differance between REVENUE and PROFIT?

1491