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A calendar calculator template that reflects remaing weeks in a ye

  1. #1
    HR Lost
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    A calendar calculator template that reflects remaing weeks in a ye

    Hello! :-)

    I am trying to create a calendar calc tool that, when I work on a sheet, it:

    1) Automatically loads today's date
    2) Automatically loads number of pay periods remaining in the plan year
    (using a pop down to allow selection of weekly or bi-weekly).
    3) Accepts a deduction amount per pay period.
    4) Calculates a total annual payroll contribution during the plan year
    (based on number of pay periods remaining in the plan year, multiplied by the
    deduction).

    For Example:
    1) Our Plan year: 08./01/05 - 7/31/06
    2) Automatically load of today's date: 9/15/05
    3) Drop down prompting choice of weekly or bi-weekly pay period: Weekly
    3) Remaining pay periods between 9/15/05 and 7/31/05: 46
    4) Weekly deduction: $28.00
    5) Estimated Maximum Contribution: $1288.00 ($20 * 46 pay periods).

    ----------------------------

    Along the same lines...let's say the goal of the employee to make an annual
    maximum of $5000 a year. He wants to know how much he must contribute a pay
    period to reach his goal of $5000 within the plan year. Can I create a small
    spreadsheet tool that will automatically tell the employee how much he/she
    needs to have deducted from his/her paycheck by 7/31/05 in order to reach the
    goal of $5000, beginning with payroll of 9/16/05?

    This seems like it should be easy, but I cannot get it to work? If you have
    an Excel spreadsheet you can send as a template, or if you can describe to
    process of creating this, I would be so appreciative!


  2. #2
    Registered User
    Join Date
    09-15-2005
    Posts
    9
    For Example:
    1) Our Plan year: 08./01/05 - 7/31/06
    In Cell A1 enter the date 1/8/05 or 8/1/05, depending on your format
    In Cell A2 enter =A1+364
    Now you have a range

    2) Automatically load of today's date: 9/15/05
    In Cell A3 enter =TODAY()

    3) Drop down prompting choice of weekly or bi-weekly pay period: Weekly
    I have a different suggestion for you.
    In cell A6 enter "Payroll Frequency" in cell B6 enter "Name"
    In cell B7 down to your last associate enter a B ow W for weekly or Biweekly

    3) Remaining pay periods between 9/15/05 and 7/31/05: 46
    In cell A4 enter =ROUND((+A2-A3)/7,0) = This will show you how many weekly paid associate paychecks are left.
    In cell A5 enter =ROUND((+A2-A3)/14,0) to count the biweekly associate pay periods remaining

    4) Weekly deduction: $28.00
    Enter in cell B1

    5) Estimated Maximum Contribution: $1288.00 ($20 * 46 pay periods).
    in each row in column C to the right of the asociates name enter
    =if(A7="W",$B$1*$a$4,if(A7="B",$B$1*$a$5,"")) and copy formula down

    ----------------------------

    Along the same lines...let's say the goal of the employee to make an annual
    maximum of $5000 a year. He wants to know how much he must contribute a pay
    period to reach his goal of $5000 within the plan year. Can I create a small
    spreadsheet tool that will automatically tell the employee how much he/she
    needs to have deducted from his/her paycheck by 7/31/05 in order to reach the
    goal of $5000, beginning with payroll of 9/16/05?
    Lets assume we want this in column D & E next to each associate.
    In Cell E7 enter =if(AND(D7<>"",A7<>""),D7/(if(a7="W",$a$4,if(A7="B",$a$5,""))))
    In Cell D7 enter the dollar value target anfd the rest should take care of itself

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