Everyone likes a bonus, but sometimes calculating one can be a bit complicated--at first. Here's how to calculate the amount in Microsoft Excel that you or your staff will get paid.

How to Use a Payroll Calculator in an Excel Spreadsheet. For small business owners who prefer to do their own payroll, one option is to use a Microsoft Excel spreadsheet to keep track of employee pay.

If you’re unfamiliar with Excel’s three ranking functions, consider reading How to calculate rank in an Excel sheet. What is Excel’s RANK.EQ () function?

Microsoft Excel 2010 provides a formula for calculating the average value from multiple worksheets in a workbook. Before you apply this formula, check that each worksheet is formatted the same way.