Professional Excel Templates for your Business
The Payroll Calculator is a free tool that helps to keep track of company’s payroll expenses. The template stores data about each employee and automatically calculates some of the payroll-related expenses. Payroll expenses include base salary, bonuses and taxes as well as fines and deductions.
If you need a calculator that would evaluate the individual performance of employees, have a look at the free Balanced Scorecard Calculator.
For a more precise calculator, please browse our other products or contact us for a personal approach. If you need customization of this template, click here to purchase some customization hours.
Functionality of the Payroll Calculator:
- calculate each type of payroll expense;
- automatically calculate the amount of payroll-based taxes paid by specifying the tax rate;
- store information about each employee payroll expenses.