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.