Using formulas in Microsoft Excel is a reliable method to calculate payroll for your business. Microsoft Excel contains over 300 built-in formulas to aid in the production of a functional worksheet.

If your raise is a percentage of your salary, you'll need to use an extra line. In cell A3, enter the percentage of your raise in decimal form -- so a 3% raise becomes 0.03. Then, in cell A4 ...

How to Calculate the Total Hours Formula in Excel. As a spreadsheet software program, Microsoft Excel has many useful features for a small business's productivity. Chief among these is the ability ...

Calculating salary increases First, if you expect a fixed amount, enter the amount in cell A3, just below your annual salary. In cell A4, enter (=A2 + A3), which will result in your post-raise salary.