Wanna do your payroll in 15 minutes?
Read the title again. Yes, it's possible. And WITHOUT cutting corners.
A key to computing your payroll accurately within a short time is to have your sheet ready. Having it ready means that it has all the tabs that make a complete payroll, with the right columns that factor in all the necessary calculations required by law (including tax), and has the right formulas embedded (we cannot emphasize this one enough.
Keep in mind that a standard Payroll Excel Sheet is a template that typically comprises 5 tabs, which are all connected. The 5 tabs include:
A key to computing your payroll accurately within a short time is to have your sheet ready. Having it ready means that it has all the tabs that make a complete payroll, with the right columns that factor in all the necessary calculations required by law (including tax), and has the right formulas embedded (we cannot emphasize this one enough.
Keep in mind that a standard Payroll Excel Sheet is a template that typically comprises 5 tabs, which are all connected. The 5 tabs include: