Want to get rid of manual payroll procedures? Consider the use of the freely available editable payroll templates and increase productivity when it comes to calculating salaries and wages for your employees. Payroll is the process of calculating salaries, wages, and deductions for employees and workers working in your company or business. Usually, payrolls are prepared at the end of the month but most businesses pay their employees on a weekly and biweekly basis. Our very simple-to-use payroll templates will not only help you to calculate employee payments but also allow you to keep a proper record of payments made in recent months.
A payroll is a document showing important information about how much money the company will pay to its employees and what part of the money will go to each employee. A payroll’s contents may include names of employees, payment month, start and end date of the payment month, the basic salary of each employee, overtime payment and other allowances, deductions made to settle employee accounts, the total salary of each employee, grand total of employee payments, etc. Many business settings use costly payroll software to calculate employee salaries but if you cannot afford one then simply download the payroll template from here and kick start the process effectively.
Below you can see the previews of the payroll templates which have each and every important element that you may need to create payroll easily. Our payroll templates are created in MS Excel and MS Word with blank spaces that must be filled by the employer or company along with details like employee names, gross payments, deductions, etc. Calculations will be made automatically with the help of built-in formulas and formats. In this way, the calculation of employee payments will be very easy and accurate. You can use a downloaded payroll template to make payrolls for all upcoming months in the year.