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Excel 2007 : Formula to calculate the hours worked and gross amount earned

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    Formula to calculate the hours worked and gross amount earned

    Hi,

    I would like some help with a formula.

    I have a spreadsheet which has columns with date ranges and an amount of hours worked during that date range. I then have other columns with different date ranges. These date ranges cross over with the date ranges of the first ones. I need to find out how much is earned in the second lot of date ranges from the other information.

    It's hard to explain, but if you take a look at the attachment you will understand. Under the first lot of columnns you will see that there are week and fortnightly date ranges. Then total amount of hours worked in that period. I then have a column which works out the amount of working days during that period. I then have hours worked per day, hourly rate and a gross amount for that period. I then have a different set of date ranges. I need the formula to calculate the hours worked and gross amount earned in the second lot of date ranges based on the info from the first set of date ranges. For example: fortnight 22/1/12 - 4/2/12 the person worked 53 hours at $25 per hour.This equals a gross amount earned of $1325. And for the fortnight 5/2/12 - 18/2/12 the person worked 76 hours at $25 per hour. This equals a gross amount earned of $1900. Now, the other fortnight date range shows fortnight 24/1/12 - 6/2/12. Based on the info from the first columns I need to work out what the hours and gross earnings are for the period 24/1/12 - 6/2/12.

    Thankyou for all your help
    Attached Files Attached Files
    Last edited by anastazija; 03-30-2012 at 07:05 AM.

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    Re: Formula to calculate the hours worked and gross amount earned

    What you seek, cannot be done accurately because you have not supplied complete information inside your sample file.

    I.e. On row 6, the Hours/Workday is only specified for the period from 1/1/2012 to 1/7/2012. In the first date range within the second set, part of the date range occurs before 1/1/2012. The Hours/Workday is not specified in this period.

    After you clear up this issue, it's a matter of projecting the data of the first set. In other words, the first table needs to be convert from date ranges to a table of single days with the proper info. Then the individual Hours/Workday can be applied to the date ranges of the second set.

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    Re: Formula to calculate the hours worked and gross amount earned

    Hello and thank you so much for your reply.

    Yes what you have said is exactly the issue I have.

    This calculation is based on a person starting work on 1/1/12 and onwards. What I am trying to do is caculate what they have worked/earned in the government fortnights (like social security). The government fortnightly periods are set and the job seeker has to submit what they have earned during the social security fortnightly periods. And these often don't coincide with the jobseeker weeks/fortnights. In the example on my worksheet, the job seeker commenced work on 1/1/12. We know what they earned from the time they started work, but we need to calculate how much they worked and earned in the social security fortnights. I usually do it manually but I am trying to find a way doing it via excel to make it quicker. So as you can see, the first social security fortnight begins on 27/12/11 to 9/1/12. So I know there is the period between 27/12/11 to 31/12/11 that they earned nothing as they didn't begin work until 1/1/12.

    I hope there is a way to calculate this easily.

    Thanks again,

    Ana.

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    Re: Formula to calculate the hours worked and gross amount earned

    Just been looking at your file. Does it need to do the calc on a bi-weekly basis, or could the calc be done for the entire period per person? (might simplify the process?)
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    Re: Formula to calculate the hours worked and gross amount earned

    Hi,

    I do need the fortnightly amounts unfortunately.

    Thanks,

    Ana

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    Re: Formula to calculate the hours worked and gross amount earned

    but of course you do lol

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