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Hello! :-)
I am trying to create a calendar calc tool that, when I work on a sheet, it: 1) Automatically loads today's date 2) Automatically loads number of pay periods remaining in the plan year (using a pop down to allow selection of weekly or bi-weekly). 3) Accepts a deduction amount per pay period. 4) Calculates a total annual payroll contribution during the plan year (based on number of pay periods remaining in the plan year, multiplied by the deduction). For Example: 1) Our Plan year: 08./01/05 - 7/31/06 2) Automatically load of today's date: 9/15/05 3) Drop down prompting choice of weekly or bi-weekly pay period: Weekly 3) Remaining pay periods between 9/15/05 and 7/31/05: 46 4) Weekly deduction: $28.00 5) Estimated Maximum Contribution: $1288.00 ($20 * 46 pay periods). ---------------------------- Along the same lines...let's say the goal of the employee to make an annual maximum of $5000 a year. He wants to know how much he must contribute a pay period to reach his goal of $5000 within the plan year. Can I create a small spreadsheet tool that will automatically tell the employee how much he/she needs to have deducted from his/her paycheck by 7/31/05 in order to reach the goal of $5000, beginning with payroll of 9/16/05? This seems like it should be easy, but I cannot get it to work? If you have an Excel spreadsheet you can send as a template, or if you can describe to process of creating this, I would be so appreciative! |
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