salary slip format in excel with formula free download

Also, in ledger accounts, this specimen is used for writing the entries of the accounting. This specimen is standardized across all the different places in India.Īnywhere you go, you will find this specimen only. Some of the things include dates, particulars, amount, and j.f. Usually, a ledger account contains many things. The Ledger account is thought of the book that has all the accounting information of the company. Also, the ledger book is also known as the book of the final entry.

This book of accounts is the most important book for any business and that is why it is known as the king of all books. So, the result of all this is that it is necessary to relate all the information for any account available is from the ledger. Thus, this ledger is known as the principal book. Any financial statement related to the financial position of the company emerges only from the accounts.

Ledger is a book that contains the accounts.

You can calculate this with your salary slip.General Ledger Accounts Meaning and Definition In the salary slip, you get all the information, So that you can easily calculate how much your income is and how much your deduction is and in what things your deduction has been done and in which things your income is increased. If you have taken any loans, then their deduction is in it. In addition, if you have taken advance salary, then your interest is calculated in the company after that, the Contribution Fund. Some of these are Professional tax, Income tax. Many types of Deductions included inside the company. 50% of the minimum wage for those working in metro cities (40 percent of basic salary for non-metros).Īpart from this, you get many types of allowances which include Traveling, Medical and Children’s Education, this whole depends on company to company fix amount which is given to you. It depends on company to company, how much will that amount be. If you live in the metro cities, then you will also get rent bill from the company. Salary slip is very different, it differs from company to company and industry, but if we follow the general format, then the salary slip consists of basically two components, in which you have to earn your income in one component and deductions in the other component.Īccording to the value you have created in the company, you call them income.

Salary slip format in excel with formula free download