EE

0 0 MONTHLY RATE SSS

1000 36.30 25000 581.3
1250 54.50 24000 581.3
1750 72.70 23000 581.3
2250 90.80 22000 581.3
2750 109.00 21000 581.3
3250 127.20 20000 581.3
3750 145.30 19000 581.3
4250 163.50 18000 581.3
4750 181.70 17000 581.3
5250 199.80 16000 581.3
5750 218.00 15000 545
6250 236.20 14000 508.7
6750 254.30 13000 472.3
7250 272.50 12000 436
7750 290.70 11000 399.7
8250 308.80 10000 363.3
8750 327.00 9000 327
9250 345.20 8000 290.7
9750 363.30
10250 381.50
10750 399.70
11250 417.80
11750 436.00
12250 454.20
12750 472.30
13250 490.50
13750 508.70
14250 526.80
14750 545.00
15250 563.20
15750 581.30
 EE
0 0 MONTHLY INCOME PHILHEALTH
100 100 10000 125
9000 112.5 11000
10000 125 21000
11000 137.5 31000
12000 150.0
13000 163
14000 175
15000 187.5
16000 200
17000 212.5
18000 225.0
19000 238
20000 250
21000 262.5
22000 275
23000 287.5
24000 300.0
25000 313
26000 325
27000 337.5
28000 350
29000 362.5
30000 375.0
31000 388
32000 400
33000 412.5
34000 425
35000 437.5
S/ME
0.00 0.00 0.00 TAXABLE INCOME = BASIC PAY + OT PAY - ABENCES - TARDINES
4167.00 0.05 0.00
5000.00 0.10 41.67 708.33 + (15000 - 10000) X 0.20 = 1708.33
6667.00 0.15 208.33
10000.00 0.20 708.33 TAXABLE INCOME TAX
15833.00 0.25 1875.00
25000.00 0.30 4166.67
45833.00 0.32 10416.67 FIRST 10,000
EXCESS 5,000X 0.20
INCOME TAX

COMPUTATION OF DAILY R
MONTHLY RATE
15,000

M-F 365 DAYS -104 = 261

M-S 365 DAYS - 52 = 313
OT PAY - ABENCES - TARDINESS + TAXABLE ALLOWANCE (IF ANY) - SSS - PHILHEALTH - PAGIBIG

0) X 0.20 = 1708.33

708.33
1000
1708.33

=VLOOKUP(F7,B$2:D$9,3)
=VLOOKUP(F7,B$2:D$9,2)
=VLOOKUP(F7,B$2:D$9,1)

=VLOOKUP(F7,B$2:D$9,3)+(F7-VLOOKUP(F7,B$2:D$9,1))*VLOOKUP(F7,B$2:D$9,2)

COMPUTATION OF DAILY RATE

YEAR RATE DAILY RATE HOURLY RATE

180000 689.6552 11136

180000 575.0799 13354.6667
RAINBOW CORPORATION
PAYROLL FOR THE PERIOD OF OCT. 1 - OCT.31 2017

NAME OF EMPLOYEE TAX STATUS MONTHLY RATE

PER DAY

1 CALADO, PAMELA B. S/ME 15,000 689.66

2 BENITEZ, ELA MAE L. S1/ME1 21,000 965.52
3 GENOSO, EZECHEIL S2/ME2 14,000 643.68
4 GENOSO, MARIA THERESE S3/ME3 20,000 919.54
5 DELA CRUZ, LOADED S4/ME4 17,000 781.61
6 OCAMPO, COOKIE MWE 18,000 827.59
7 BAUTISTA, FISHIE JOY S/ME 16,000 735.63
8 LOPEZ, BIRDY JACK S1/ME1 11,000 505.75
9 SANTIAGO, AMY S2/ME2 19,000 873.56
10 PROSPERO, LITO S3/ME3 21,000 965.52
1 2 3 4.00

12,000
 125% 130% 200%
REGULAR OVERTIME RESTDAY OT REGULAR HOLIDAY
PER HOUR BASIC PAY
HRS AMOUNT HRS AMOUNT HRS AMOUNT
86.21 15,000 2 215.52 4 448.28 8 1,379.31
120.69 21,000 1.5 226.29 3 470.69 6 1,448.28
80.46 14,000 4 402.30 2 209.20 5 804.60
114.94 20,000 1.5 215.52 3.5 522.99 5 1,149.43
97.70 17,000 2.5 305.32 2 254.02 4 781.61
103.45 18,000 3.5 452.59 1 134.48 7 1,448.28
91.95 16,000 3 344.83 1.5 179.31 6 1,103.45
63.22 11,000 5 395.11 4 328.74 6 758.62
109.20 19,000 2.5 341.24 2.5 354.89 5 1,091.95
120.69 21,000 1 150.86 2 313.79 4 965.52
5.00 6 7 8 9 10 11 12
 ABSENCES TARDINESS
GROSS EARNINGS SSS PHILHEALTH
HRS AMOUNT MINUTES AMOUNT
12 1,034.48 15 21.55 15,987.07 545.00 187.50
12 1,448.28 12 24.14 21,672.84 581.30 262.50
8 643.68 14 18.77 14,753.64 508.70 175.00
6 689.66 8 15.33 21,182.95 581.30 250.00
6 586.21 10 16.28 17,738.46 581.30 212.50
4 413.79 15 25.86 19,595.69 581.30 225.00
4 367.82 14 21.46 17,238.31 581.30 200.00
4 252.87 10 10.54 12,219.06 399.70 137.50
8 873.56 8 14.56 19,899.95 581.30 237.50
8 965.52 20 40.23 21,424.43 581.30 262.50
13 14 15 16 17 18 19
PAGIBIG TAXABLE WITHHOLDING SSS LOAN PAGIBIG OTHER
INCOME TAX LOAN DEDUCTION
100 12,000 1108.33 750 525 500
100 20,729.04 2,578.01 950 625 600
100 13,969.94 678.87 650 655 300
100 20,251.65 2,108.66 450 765 400
100 16,844.66 485.03 550 385 500
100 18,689.39 - 750 595 300
100 16,357.01 2,006.00 650 675 400
100 11,581.86 633.11 350 455 300
100 18,981.15 1,671.16 350 535 400
100 20,480.63 2,154.46 850 745 600
20 21 22 23 24 25
TAKE HOME PAY

12,271.24
15,976.03
11,686.07
16,527.99
14,924.63
17,044.39
12,626.01
9,843.75
16,024.99
16,131.17
26
S/ME
0.00 0.00 0.00 TAX STATUS
4167.00 0.05 0.00
5000.00 0.10 41.67 TAXABLE INCOME
6667.00 0.15 208.33
10000.00 0.20 708.33 TAX
15833.00 0.25 1875.00
25000.00 0.30 4166.67
45833.00 0.32 10416.67
=VLOOKUP(H4,A2:C9,3)
S1/ME1 =VLOOKUP(H4,A2:C9,2)
0.00 0.00 0.00 12,000 695.83 =VLOOKUP(H4,A2:C9,1)
6250.00 0.05 0.00
7083.00 0.10 41.67
8750.00 0.15 208.33
12083.00 0.20 708.33
17917.00 0.25 1875.00
27083.00 0.30 4166.67
47917.00 0.32 10416.67

S2/ME2
0.00 0.00 0.00 12,000 383.38
8333.00 0.05 0.00
9167.00 0.10 41.67
10833.00 0.15 208.33
14167.00 0.20 708.33
20000.00 0.25 1875.00
29167.00 0.30 4166.67
50000.00 0.32 10416.67

S3/ME3
0.00 0.00 0.00 12,000 116.67
10417.00 0.05 0.00
11250.00 0.10 41.67
12917.00 0.15 208.33
13250.00 0.20 708.33
22083.00 0.25 1875.00
31250.00 0.30 4166.67
52083.00 0.32 10416.67

S4/ME4
0.00 0.00 0.00 12,000 0
12500.00 0.05 0.00
13333.00 0.10 41.67
15000.00 0.15 208.33
18333.00 0.20 708.33
24167.00 0.25 1875.00
33333.00 0.30 4166.67
54167.00 0.32 10416.67

MWE
0.00 0.00 0.00 12,000 0
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
0.00 0.00 0.00
 S/ME

S/ME
S1/ME1
S2/ME2
S3/ME3
S4/ME4
LOOKUP(H4,A2:C9,3) MWE
LOOKUP(H4,A2:C9,2)
LOOKUP(H4,A2:C9,1)
 Rainbow Corporation
Blk. 11 Lot 20 MPV Hernandez Street Catmoon Malabon City
Tel No.: 021-2017

Payroll for the period October 1 - 30 2017

Employee: OCAMPO, COOKIE

Earnings Hours Amount

Basic Pay 18,000.00
OT Pay:
Regular Overtime 3.5 452.59
Restday Overtime 1 134.48
Holiday Overtime 7 1,448.28

Total Earnings: 20,035.34

Released on:
Malabon City

Deductions Duration Amount CALADO, PAMELA B.

Absences 4 413.79 BENITEZ, ELA MAE L.
Tardiness 15 25.86 GENOSO, EZECHEIL
SSS Contribution 581.30 GENOSO, MARIA THERESE
Philhealth 225.00 DELA CRUZ, LOADED
PAG-IBIG Contribution 100.00 OCAMPO, COOKIE
Withholding tax - BAUTISTA, FISHIE JOY
SSS Loan 750.00 LOPEZ, BIRDY JACK
PAG-IBIG Loan 595.00 SANTIAGO, AMY
Other Deductions 300.00 PROSPERO, LITO
Total Deductions 2,990.96

Take Home Pay 17,044.39