Download 17 Printable Salary Sheet Templates in [EXCEL & WORD]

Salary sheet templates are required by almost all types of businesses. When you have employees, of course, you have to pay them their salary. This salary is an expense for the business that needs to be recorded in its financial statements. So, salary sheets are used in order to keep a proper track of the salaries and wages of the individuals working for the organization. Some useful salary sheet templates and samples are available here on this page that you can use for free. These salary sheet templates are available in Microsoft Excel and Word formats So, make sure to check out these pre-formatted and printable salary sheet templates.

Salary Sheet Templates in EXCEL

Blank Salary Worksheet Template

Salary Sheet Sample in XLSX Format

Workers Salary Sheet Template

Company’s Salary Sheet Template

Fillable Monthly Salary Sheet Sample

Monthly Staff Salary Sheet Template

Company’s Monthly Salary Sheet Excel Template

Editable Weekly Salary Sheet Report

Private Company Payroll Sheet Example

What is a Salary Sheet and Why it is Important?

A salary sheet is a detailed sheet usually prepared in Microsoft Excel in order to record the details of the salaries and wages of the organization’s employees. The employees include all the workforce of an organization whether it be a salaried person or a daily wager. It is also sometimes known as a payroll sheet or salary summary. All the data pertaining to the employees is recorded in such a sheet so that the employers can understand the actual amount of salaries they are paying.

A salary sheet is a detailed record of the HR cost of a company. It can be prepared on a weekly, biweekly, or monthly basis. This is a great tool that helps the management and decision makers of an organization in taking important and timely decisions regarding the organization’s workforce or human resources. The payroll costs are an important part of all the costs of a business. Especially if you run a manufacturing business, calculation of actual payroll costs is quite important as this cost also becomes a part of the cost of the product.

In order to stay updated regarding the payroll costs, salary sheets are prepared on regular basis. Mostly, salaries for the month are paid at the start of the next month. However, salary sheets can be prepared by the management on a weekly or biweekly basis so as to get an estimate of their payroll costs. In this article, we have provided you with some useful salary sheet templates and samples. These salary sheet samples will help you create a handy salary or payroll sheet for your own business. So, make sure to check out all these given templates and use any of them suitable to you.

Salary Sheet Templates in WORD

Annual Salary Sheet Example

School Staff Salary Sheet Word Template

Sample Salary Sheet Template in MS WORD

Simple Salary Sheet Example

Salary Time Sheet Template in DOC Format

Detailed Salary Reference Sheet Template

Official Salary Structure Sheet Template

Annual Salary Computation Sheet Template

How to Create a Salary Sheet?

As mentioned earlier, a salary sheet is a proper record of the payroll costs of a business. A business requires to prepare its payroll costs as it is an important part of the total costs of the business. Such a sheet helps you analyze important things related to human resources, for example, if the payroll costs are exceeding, the management can make timely decisions such as downsizing. Therefore it is quite important that the management must always have properly up to dated salary sheets at their disposal. This way they can take important decisions on time.

Pre-formatted salary sheet templates are provided here on this page for your ease and convenience. Using these templates will save a lot of your time and effort. However, if you want to know how to create a salary sheet template from scratch, make sure to include the following basic details in it:

• Include a header that contains the name of the company and its logo. Also, it must include the heading “Salary Sheet” or ” Payroll Sheet”.
• Name of the person making the sheet.
• Duration or time period for which such a sheet is being made i.e., weekly, biweekly, or monthly.
• Starting and ending date.
• Add several columns, the first being a column for serial number.
• Add another column for employees’ names.
• Make the next column for employee codes.
• The next column will be for employee’s designation.
• Then add a column for basic salary. Fill it out with the details for each employee.
• Add another column for perquisites. Here, write the amount of perquisites, bonus, and any other benefits given to each employee.
• Add the amounts from the basic salary and perquisites columns to calculate the amount of gross salary for each employee. The gross salary for every employee will be calculated in a separate column.
• Then make a column for deductions. The deductions will include the amount of tax, provident fund, workers welfare fund, etc.
• Make a separate column for the net salary of each employee. It will be calculated by deducting the amount of deductions from the gross salary.
• Add the amount of net salary for each employee to make up the amount of the total salary. This will be the total payroll costs for the specified period.
• In the case of the manufacturing business, you can prepare a separate salary sheet or wage sheet for daily wagers. This will include almost the same details and information as are mentioned along with the addition of some other details like the number of hours worked, overtime details, etc.
• In the end, leave some space for the signatures of the person to whom the salary sheet will be presented.
• Make sure to proofread the salary sheet before finalizing it so as to avoid any mistakes or errors.