The Payroll Calculator is a free tool that helps to keep track of the 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.
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's payroll expenses.