# Excel budget, changes to wages

• ### Non resident Uncrystallised Funds Pension Lump Sum

I'm currently designing our company budget, and just wondering if there is a clever way in Excel to do the following:

- Sheet One - Have one sheet which lists all of our employees, with start date, end date, current pay, and any payrises

- Sheet Two - Have another sheet that will analyse this by month - so if Joe Bloggs started on 1st Jan, had a payrise after a few months, then left after six months- I'd like the sheet to automatically update when I enter this information in sheet one.  I know it's going to be a horribly complicated 'if' formula, so wondering if anyone has done anything similar!?

### Replies (6)

By daniel_
27th Mar 2018 17:28

Depending on the number of employees and number of payrises, perhaps the simplest way would be to have a whole sheet per employee with Start Date (colA) and Pay (colB) columns

Name each sheet 'employee'
Use a LOOKUP where the lookup_vector is an INDIRECT reference with the sheet name as 'employee' e.g.

LOOKUP(analysisMonth, INDIRECT("'"employee&"'!"&"A:A"),INDIRECT("'"employee&"'!"&"B:B")

This works because the vector lookup function will match the closest (earlier) date in the list, i.e. the most recent date pay changed.

The indirect referencing allows you to use a cell with the name of the employee as part of the cell reference.

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By daniel_
27th Mar 2018 18:21

Working example shown here:
https://ufile.io/mbn8y

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By paulwakefield1
28th Mar 2018 09:03

As ever with Excel, there are multiple ways to achieve a result so an alternative approach to Daniel's:

Assume on Sheet 1:
Column A Employee names
Column B Start date as a month number 1 to 12
Column C End date. Blank if they do not leave else month number 1 to 12
Column D Starting pay
Column E Pay rise in £ per annum
Column F Pay rise date as Month 1 to 12
Assume the first employee is entered In row 2

On Sheet 2:
In row 1, starting in Col B, the numbers 1 to 12
In A2: =Sheet1!A2
In B2: =AND(Sheet1!\$B2<=I\$1,OR(Sheet1!\$C2="",Sheet1!\$C2>=I\$1))*(Sheet1!\$D2+IF(Sheet1!\$F2<=I\$1,Sheet1!\$E2,0))/12
Copy this to all rows and columns.

Some judicious use of controls and data validation would be sensible
A SUMPRODUCT approach would also work.
The above does assume there is only one payrise in the budget period.

Note: the formulae can be simplified if an end date is always entered i.e. no blanks and, although it is better to have the workings on a separate sheet, if the analysis is on the same sheet, the sheet references can be removed.

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By James Power
29th Mar 2018 11:20

Perhaps use this free tool as a starting point and then see what is outstanding in terms of MI?

https://www.accountingweb.co.uk/community/blogs/saltimbamba/forecast-emp...

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By Andrew Burnett
29th Mar 2018 12:30

I suggest placing the data in a Table in Sheet1. Because you may have multiple pay rises, you will need to allow for multiple rows per employee. Fields in the table would be
- Name
- Pay
- Start (or payrise) date
- End date (if applicable, on last record for the employee)
- Last date for this pay rate (calculated column, formula needed)

Sheet2 won't be complicated, you can then do it with a SUMIFS structured formula referring to the table as you have a first and last date for each pay rate on each row of the original table.

This 'Excel database' approach works for most problems involving analysing tabular data.

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By nlsta
29th Mar 2018 14:04

Have a look at @sumifs - allows variable column and row headings and data can be in a fairly random form. Not dissimilar to pivot tables but you specify the row & column headings and this can come up with a fixed format

https://support.office.com/en-ie/article/sumifs-function-c9e748f5-7ea7-4...

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