How to do Payroll in Excel

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  • Опубліковано 20 сер 2024

КОМЕНТАРІ • 23

  • @catherinebrown-stone3359
    @catherinebrown-stone3359 7 днів тому

    How do I know which tax bracket for federal income tax rate to use? I won't know how much we'll make, I can guess but not sure what should go there.

  • @user-pp4pc4vx9c
    @user-pp4pc4vx9c 4 місяці тому

    suggestion, say if an employee gets a pay raise, then their income for the previous months will also change. I guess a work around is you have to copy and paste the values before changing the hourly rate.

  • @user-pp4pc4vx9c
    @user-pp4pc4vx9c 4 місяці тому

    this is brilliant

  • @malcolmsokol4294
    @malcolmsokol4294 4 місяці тому

    Very informative. I need to adjust. We are 501c3 so exempt from FUTA. I assume we just set FUTA rate to 0. I also have an employee who is clergy hence exempt from any withholding so I also assume I set his percentages to 0. Most employees are monthly and don't get paid enough for WH or IFCA so they only have Medicare. Does the spread sheet check for minimum pay before applying percentages to WH? Also I have one employee who has an annual salary but also has extra income on an hourly rate for another job funciton. How to I handle this. Finally I have someone who gets payed every four weeks but the payroll period does not line up with standard months. Any help on any of these would be helpful.

  • @mj8884
    @mj8884 3 роки тому +2

    This is a very helpful spreadsheet especially if one does not have many employees. There is an error (#N/A) somewhere in the spreadsheet that does not allow flow-through into the Employer Payroll Taxes sheet. In the individual months, the totals on Line 529 for the self-populated cells show #N/A. The formula looks correct, however, the Totals cells show an error. Maybe I am doing something wrong? Please advise. Thank you.

  • @dipalishah4560
    @dipalishah4560 Рік тому

    Please Please make a video on Child support & other Garnishment in excel.

  • @lisacampbell99
    @lisacampbell99 3 роки тому +2

    How do you add multiple dates for the same employee in the same month?

  • @adsiuaramde1238
    @adsiuaramde1238 4 роки тому +1

    Really, you are amazing!!!

  • @Schumikonen
    @Schumikonen 2 роки тому +1

    Can you print checks with this tool?

  • @darkcamo77
    @darkcamo77 3 роки тому

    Tipped employees tab? Tip credit?

  • @timothy2336
    @timothy2336 Рік тому

    How do you handle changes in pay rates during the year? If you change a pay rate, won't it mess up previous payroll periods?

    • @YrithaTrejo
      @YrithaTrejo Рік тому +1

      Had this same question, what I did was update the the Straight-Time Hourly Rate on the Set Up Employee Data and then override (delete) on Straight-Time Hourly Rate prior months or paydays of pay increment. It does not affect you tab for Year-to-Date Payroll. Hope that helps you out

    • @FitSmallBusiness
      @FitSmallBusiness  Місяць тому

      Hello! You'll need to overwrite formulas in Column C of all the monthly payroll tabs with the new rate. Or you can create a new one in the Set up Employee Data Tab with the same employee name but a differentiator added on, i.e., "Pay Increase1"

  • @jovanalvord-nicolino6349
    @jovanalvord-nicolino6349 3 роки тому

    Hey my 2019 yearly payroll some how got lost when I was in the processing of moving but I was making like 2000 a week is there any way I can create my whole payroll again

  • @lawreesesmith8857
    @lawreesesmith8857 3 місяці тому

    How do I send it the IRS and State and City

    • @FitSmallBusiness
      @FitSmallBusiness  Місяць тому

      Hi! You won't send this spreadsheet to the IRS and city, but you can use the totals to fill out your tax form, i.e, gross wages paid, FICA Taxes collected, etc.

  • @kebastew8880
    @kebastew8880 4 роки тому +4

    How do I obtain this excel for my payroll?

    • @coreyweathers959
      @coreyweathers959 3 роки тому +1

      So just buy ms office? Witch version do I need to buy? please ?

    • @marciamarcia7449
      @marciamarcia7449 3 роки тому

      @@coreyweathers959 no, follow the link in her description box and all the info is there

  • @segilolasolomon7300
    @segilolasolomon7300 2 роки тому

    Who is John Doe.

  • @cynthiagoreses255
    @cynthiagoreses255 2 роки тому

    Is this free?

  • @andre1987eph
    @andre1987eph 2 роки тому

    0:05 …and with that long pause, replete with vocal fry, I decided to watch video at 2x speed.