In India salary is usually paid on the last working day of a month – the payday. It is slightly different in countries where payrolls are processed every 2 weeks. For eg. in US most companies pay salary on every 2nd Friday / Thursday.
We can calculate the paydays / payroll periods in excel with simple date formulas:
Calculating last working day of a month – Payday for monthly payroll processing
Put in other words, last working day of a month is nothing but 1 working day before first day of next month. So last working day of Jan 2008 is one working day before first day of Feb 2008; 2/1/2008.
Here is how you can find out payday for all months in a given calendar year :
Assuming months are in column B, from B3 to B14, last working day of first month can be found by WORKDAY() formula: =WORKDAY(B4,-1). WORKDAY() excel formula calculates a future / past date by adding / subtracting any number of working days from it. Ex: =workday(today(),5) will return the date of 5th working day from today.
Calculating Payroll Dates for Biweekly Salaries – Typical US Payroll Calendar Dates
Calculating US Payroll dates is slightly complicated. First we have to find the first Monday of the year. This begins the first pay-period of 26 pay-periods in America. Then, each payday is exactly 12 days after the starting Monday.
Here is how we can find the first Monday of any given year: =if(weekday("1/1/2008")=2,"1/1/2008","1/1/2008"+9-weekday("1/1/2008")), we are using weekday() function to find the day of week on 1/1/2008 and then add required number of days to it to get the First Monday of the year.
Once the first Monday is calculated, then finding the payday dates for each pay period is simple. First payment date is 12 days away from the Monday and subsequent pay dates are 14 days apart.
More on date / time: 10 tips on using, formatting date / time in excel.
8 Responses to “Top 5 keyboard shortcuts for Excel Charts”
As far as I remember (checked, again, 2 minutes ago) in my "Excel 2013" in order to select various chart elements I need to use the Arrow keys and not the TAB key.
Practically, the TAB key does nothing (within a Chart).
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Michael (Micky) Avidan
Thanks for pointing this out. This is how I remember it too, but when I was recording the video yesterday, only TAB key worked. MS must have changed the keys in Excel 2016. I have edited the post to include both keys.
The key navigation on charts is different in 2016.
TAB cycles through a layer of objects (SHIFT+TAB cycles backwards)
ENTER move down a layer
ESC moves up a layer
So on a column chart with title/legend/data labels if you select the plotarea the TAB will go through Title > Legend > Plotarea.
ENTER at plotarea will then select Vertical axis. Tab will take you through
Horizontal axis > gridlines > Series > Horizontal Axis.
ENTER with series selected will then allow you to TAB through individual data points and data labels.
If you ENTER on datalabels you can TAB through each data label.
ALT + F1 : to create default chart
ALT+E S T = CTRL + ALT + V, T : I find that easier to remember
I second what Michael already said about TAB and arrow keys. I can't help but think if this is related to the "," or ";" as separator. I prefer to use the chart tools - layout- drop down box, anyway.
Got to be F11 for instant charting. Highlight your data , hit F11 and voila! ?
Ctrl+1 is the most important chart shortcut. In fact, it works for any Excel object: whatever is selected, Ctrl+1 opens the task pane or dialog to format that object.
Somewhere along the line, maybe when Excel 2016 came out, the arrow keys stopped working to cycle through the elements of a chart. But what works is holding Ctrl while clicking the arrow keys. I haven't gotten used to the Tab and other keys, but as long as Ctrl+Arrow works, I'm good.
And F4 used to be so helpful when formatting a lot of charts. But since Excel 2007 came out, it has been mostly useless. It used to remember a whole set of changes at once, so I get that the newer modeless dialogs make that impractical. But now it only seems to work with formatting of lines and borders, and maybe fills. I find myself writing a lot of VBA one-liners in the Immediate Window to handle these tedious formatting tasks.
after clicking on a chart, is there a shortcut key to copy it?
Thank you for the Alt E S T - tip. This is more than a time saver. Because of dynamic charts or de-activated external references to data when you make the charts, you often have empty charts that are otherwise impossible to format. So this shortcut helps adressing that. I will work with it more and see if there remain some obstacles.