Hi i have a quick question for anyone. I am currently using excel for a project in my payroll class, where we were give, employee salary abouts and 4 pay dates and then we have to re-create employee registers and payroll registers. my problem is in the payroll register sheet, specifically the portion that shows taxable earnings. I am currently using the formula:
=IF(SUM('Hunter, James'!$I$12:$I$16)<'Company Information'!$C$13,SUM('Hunter, James'!$I$12:$I$16),('Company Information'!$C%13-SUM('Hunter, James'!$I$12:$I$16)))
but the problem with that is that once an employee has gone over a limit for taxable earnings, this formula returns a negative number. instead of returning a negative number i want it to just return 0. but other than that this formula works spectacular for all employees that have NOT hit the taxable limit yet.
any help anyone???????????????????
thanks in advance.
kristen.
edit---in the formula above,
"'Hunter, James'!$I$12:$I$16" refers to the total of the wages paid so far in the year.
"'Company Information'!$C$13" refers to the actual taxable limit.
=IF(SUM('Hunter, James'!$I$12:$I$16)<'Company Information'!$C$13,SUM('Hunter, James'!$I$12:$I$16),('Company Information'!$C%13-SUM('Hunter, James'!$I$12:$I$16)))
but the problem with that is that once an employee has gone over a limit for taxable earnings, this formula returns a negative number. instead of returning a negative number i want it to just return 0. but other than that this formula works spectacular for all employees that have NOT hit the taxable limit yet.
any help anyone???????????????????
thanks in advance.
kristen.
edit---in the formula above,
"'Hunter, James'!$I$12:$I$16" refers to the total of the wages paid so far in the year.
"'Company Information'!$C$13" refers to the actual taxable limit.