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.
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