Relative Cell Referencing
Assuming column labels are in row 9
Cell E10 Formula: =D10*10%
Cell F10 Formula: =(D10-E10)*C10
Net Total of 3065.65 (cell F16) is got by AutoSum
Vat is F16*21%
Total of 3709.44 is F16+F17
Absolute Cell Referencing:
§
Overtime Pay calculated as No Hrs Overtime X Rate per hour
(Rate per
Hour=$C$3)
Cell D8 Formula: =$C$3+C8
§ Total Wage calculated as Rate of Pay + Overtime Pay Cell E8 Formula: =B8+D8
Formatting Notes
Remember to format the cells in columns B, D and E as
currency (€ after January 2002)
Format menu -Cells - Number tab - Currency
Row 6 is formattedas follows:
Select Row 6 - Right click - Format cells... - Alignment tab - Wrap text
What If ? Analysis:
Change the Basic Rate of Pay/Week and the Overtime Rate per hour to (say) £300 and £10 respectively and see what effect this has on the employees' wages and on the Total Wage Bill.