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Di 20bca1140

The document describes an Excel experiment to update employee payroll by applying formulas. It provides the steps to open worksheets, enter employee data, calculate salary increases, new basic pay, allowances, gross salary, and net salary by using cell references and formulas.

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ARYA CHHERTI
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11 views8 pages

Di 20bca1140

The document describes an Excel experiment to update employee payroll by applying formulas. It provides the steps to open worksheets, enter employee data, calculate salary increases, new basic pay, allowances, gross salary, and net salary by using cell references and formulas.

Uploaded by

ARYA CHHERTI
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Experiment 1.

Student Name: Harsh Prakash UID: 20BCA1140


Branch: UIC Section/Group: 3/A
Semester:5th Date of Performance:20/09/2022
Subject Name: Data Interpretations Lab Subject Code: 20CAP-317

1. Aim/Overview of the practical: Assume you are the Accountant of Stationery


Supplies Ltd. Below is the current payroll in the workbook OLD PAYROLL.

OLD PAYROLL

The following salary review is given to you in the workbook INCREMENT.

INCREMENT
Required:

Using formulas, you are required to update the payroll with the changes in a blank
worksheet. This new blank sheet is in the workbook NEW PAYROLL.

2. Syntax/Format used:

● Allowances : = BASIC PAY * ALLOWANCE PERCENTAGE

● Gross Salary : = BASIC PAY + ALLOWANCES

● Deductions : = GROSS SALARY * DEDUCTION PERCENTAGE

● Net Salary : = GROSS SALARY - DEDUCTIONS

● Increased Salary : = BASIC SALARY * %AGE INCREASED

● New Basic Pay : = SALARY INCREASE + BASIC SALARY

3. Steps for experiment/practical:


#1
We will open a blank sheet in excel and enter the required names and the Current Pay of
the Employees.
#2

Now, We will write the given Allowance percentage in the excel sheet :

#3

Now, We have to calculate the Increased given to the employees:

We know : Increased Salary : = CURRENT PAY * %AGE INCREASED


So here,

Formula used : =B2*C2

When we will drag down for the solution of Salary Increased.


#4

Now, A.T.Q.

We are required to find New Basic Pay,

So, New Basic Pay : = SALARY INCREASE + BASIC SALARY

FORMULA USED : =CELL1(SALARY INCREASE) + CELL1(CURRENT PAY) i.e.,

#5
Now, We will calculate the Allowances by using given Allowance percentage

We know, Allowances : = NEW BASIC PAY * ALLOWANCE PERCENTAGE


FORMULA USED : =E2*$A$15

We have used $ sign so that the value of A15 should remain constant or unchanged
when we drag down for the solution.

We get,

#6
Now, We will calculate the Gross salary :

We know, Gross Salary : = BASIC PAY + ALLOWANCES

FORMULA USED : =E2+F2

#7
Finally,

We will Calculate the NET SALARY ,


Here,

We know, Net Salary : = GROSS SALARY - DEDUCTIONS FORMULA

USED : =CELL1(GROSS PAY) - CELL1(DEDUCTIONS) i.e.,


5) Result/Output/Writing Summary:

Learning outcomes (What I have learnt):

1. We have learnt to add the values of different cells.


2. We have learnt to apply formulas in excel sheets.
3. We have learnt to add a particular range of cells.
4. We have learnt to calculate allowances and deductions.
5. We have leant the data management basics.

Evaluation Grid:
Sr. No. Parameters Marks Obtained Maximum Marks
1. Demonstration and 5
Performance (Pre Lab Quiz)
2. Worksheet 10
3. Post Lab Quiz 5

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