Monthly salary calculation formula in excel

9 ready-to-use Salary Slip Templates in Excel, Google Sheets, and Open Office Calc to issue a salary slip at the end of the month in just a few minutes.

As per the law, Every organization issues a salary slip to their employees at the end of the month or whenever the salary is paid.

We have compiled the top 9 frequently used salary slip templates. Choose the one that best suits your requirement.

What is a Salary Slip?

Salary Slip is a payroll document that contains details of salary paid to any employee which include basic salary, allowances, deductions, attendance, leave record, etc.

We have created the 9 ready-to-use Salary Slip Templates with predefined formulas.

You just need to enter the payroll data of your employees and print the salary slip.

Components of Salary Slip

There are three major components of the Salary: Basic Pay, Allowances, and Deductions.

Basic Salary

Description:Basic salary is the fixed amount to be paid to an employee addition of any allowances or subtraction any deductions.

Usually, the basic salary is

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