Prorating Salary based on hire date and Term date

KimberlyWelty

New Member
Joined
May 10, 2016
Messages
21
Trying to edit the monthly salary based on hire date and/or termination date of employees. The formula I have is working, unless the person is not terminated. I know it must be something simple, but having trouble making it work. If anyone is able to assist or simplify my formula, that would be great.

Here is the formula I am using:
=IF(OR($B2>EOMONTH(E$1,0),$C2<E$1),"",$D2*(MIN(EOMONTH(E$1,0),$C2)-MAX(E$1,$B2)+1)/IF(MOD(YEAR($E$1),4)=0,366,365))

1696860409475.png
 

Excel Facts

Will the fill handle fill 1, 2, 3?
Yes! Type 1 in a cell. Hold down Ctrl while you drag the fill handle.
try this:
Excel Formula:
IF(OR($B2>EOMONTH(E$1,0),IF($C2="",EOMONTH($P$1,0),$C2)<E$1),"",$D2*(MIN(EOMONTH(E$1,0),IF($C2="",EOMONTH($P$1,0),$C2))-MAX(E$1,$B2)+1)/IF(MOD(YEAR($E$1),4)=0,366,365))
 
Upvote 0
happy to help.
if this worked for you, please consider marking it as a solution for others to find
 
Upvote 0

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