Adding a Formula to Calculate Net Salary
The Net Salary formula will subtract an employee's Deduction amount calculated in the previous step from the employee's Gross Salary.
Tutorial Steps:
For help on these steps, refer to the image above.
- Click on cell F8 - the location where we want the formula's answer to appear.
- Type an equal sign ( = ) to let Excel know that we are creating a formula.
- Click on cell D8 to enter that cell reference into the formula.
- Type a minus sign ( - ), since we are subtracting two amounts.
- Click on cell E8 to enter that cell reference into the formula.
- Press the ENTER key on the keyboard to complete the formula.
- The answer 47345.83 should appear in cell F8.
- When you click on cell F8 the formula = D8 - E8 should be visible in the formula bar above the worksheet.
- Save your worksheet.
Completing the Tutorial
At this point you can choose to:
- Carry on with part 2 of this tutorial which covers basic formatting options in Excel 2010, or
- End this tutorial by completing the last step which involves copying the formulas in row 8 to rows 9 to 11 using the fill handle
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