How to Use NETWORKDAYS Formula to Calculate Salary of Employees in MS Excel_Sofia B_Precision...

8/18/2019 How to Use NETWORKDAYS Formula to Calculate Salary of Employees in MS Excel_Sofia B_Precision Minister

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How to useNETWORKDAYS formula

to calculate salary ofemployees in MS Excel

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What is

NETWORKDAYS?

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Returns the number of wholeworking days between start date

and end date.

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Working days exclude weekendsand any dates identified in

holidays.

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Use NETWORKDAYS tocalculate employee benefits that

accrue

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based on the number of daysworked during a specific term.

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Syntax:NETWORKDAYS(start_date,

end_date, [holidays])

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The NETWORKDAYS functionsyntax has the following

arguments:

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Start date: Required. A date thatrepresents the start date.

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End date: Required. A datethat represents the end date.

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Holidays: Optional. An optionalrange of one or more dates

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to exclude from the workingcalendar, such as state and federal

holidays and floating holidays.

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The list can be either a range ofcells that contains the dates

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or an array cons an o eserial numbers that represent

the dates.

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If any argument is not a validdate, NETWORKDAYS returns

the #VALUE! error value.

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Let’s begin!

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Open your MS Excel

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Click on it

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This is MS Excel

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I will now input my

employees’ data

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Type the classification

here of First name

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And put the First names

of your employees

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Label the 2 nd row as

Last name

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Place the last names of

your employees

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Label the 3rd row as

Start date

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Place the start dates of

your employees

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Label the 4th row as

End date

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Place the End date of

2015

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Label the 5th row as

Salary

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Place the Salaries of

your employees

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Make room on the side

for “Salary 2015”

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Put “2015 days”

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Put “2015 costs”

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h d


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You have now arrangedyour database properly

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ll


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We will now computetheir salary for 2015

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h d h


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Type on the side thestart day of 2015

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And the last day of 2015

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Type =

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Th li k h fi


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Then click the firstsalary

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A d h / (


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And then type / (todivide)

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Type open parenthesis (

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Cli k th t t d t


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Click the start date onthe right side

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Cli k F +f4 t l k th


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Click Fn+f4 to lock thecell down

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Type comma ,

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A d li k th d d t


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And click the end dateon the right

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Cli k F +f4 t l k th


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Click Fn+f4 to lock thecell down

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Type close parenthesis )

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And click enter

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This is his daily salary

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B hi


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But as you can see his startdate is at 2016 and not 2015

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Thus he should not have


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Thus he should not havea salary at 2015

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So click this cell again

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Type IF right after the


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Type IF right after theeguals sign =

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Then type open


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Then type openparenthesis (

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Type AND

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Type open parenthesis


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Type open parenthesisagain (

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Click C2 which is the


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Click C2 which is theemployee’s start date

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Type the greater than


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Type the greater thansign >

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Type equals sign =

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Click on the start date


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Click on the start dateagain on the right

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Type comma ,

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Click the employee start


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Click the employee startdate again on the left

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Type less than sign <

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Type equals sign =

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And then click the end date


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And then click the end dateof 2015 on the right side

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Put a close parenthesis )

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Type comma ,

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Click on the K2

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And lock it down using


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And lock it down usingFn+f4

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Click on the K3

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And lock it down using


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And lock it down usingFn+f4

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Type comma at the end


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Type comma at the endof the formula ,

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Type Zero 0

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And end it with close


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And end it with closeparenthesis )

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Click enter

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Place your mouse at the


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Place your mouse at theend of the highlighted cell

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Till your cursor turned


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Till your cursor turnedinto a plus sign +

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Drag the plus sign + till


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Drag the plus sign tillthe last cell

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And you can see the employees


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And you can see, the employeeswho started working on 2016

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Now have Zero salary


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Now have Zero salary for 2015

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Now lets find how many days did


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Now lets find how many days dideach employee work on 2015

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Cli k h ll


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Click on the cell

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T l i


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Type equals sign =

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T NETWORKDAYS


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Type NETWORKDAYS

www.ThePrecisionMinister.com

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T h i (


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Type open parenthesis (


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Click on the start date


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of employee


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T


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Type comma ,


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Click on end date of


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2015 on the right side


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Lock the cell down by


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yclicking Fn+f4


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T l th i )


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Cli k t


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Click enter


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Now you see how many days


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y y ythe employee worked on 2015


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Since this employee


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p ystarted working on 2016,


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the result is a negative


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gnumber


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Highlight th ll


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Highlight the cell


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yend of the highlighted cell


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yinto a plus sign +


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Drag the plus sign + till


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g p gthe last cell


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Go back to the previous


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pcell


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Copy the IF statement


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py from its formula


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Click this cell


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Click this cell


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And paste it in the


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p formula of this cell


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Type comma , at the


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ypend of the formula


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Type zero 0


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Type zero 0


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And click enter


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And click enter


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Now the result is zero


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Now the result is zero


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Click on the cell


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Click on the cell


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end of the highlighted cell


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into a plus sign +


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And then double click


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Now you can see the totalworking days of each employee


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working days of each employeein 2015


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So finally for the last columnwhich is the total 2015 cost per


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which is the total 2015 cost peremployee


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Click on the cell


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Click on the cell


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Type equals sign =


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Type equals sign =


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Type asterisk * to


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multiply


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Click on the 2015 days


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of the first employee


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Click enter


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Click enter


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Click on the cell


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Click on the cell


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end of the highlighted cell


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into a plus sign +


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And now you have the totall


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2015 cost per employee


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Congratulations, you’re


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done!


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Credits to Microsoft Office andMi h l H f Y t b


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Michael Herman of Youtube

How to Use NETWORKDAYS Formula to Calculate Salary of Employees in MS Excel_Sofia B_Precision...

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