Run payroll with confidence — no accountant required.

The Employee Payroll & Timesheet Manager is a fully automated Excel & Google Sheets template built for small business owners who need to track hours, overtime, PTO, deductions, and take-home pay without the guesswork. Every formula is pre-built — just enter hours and rates, and the sheet does the math.

12 Monthly Sheets (Jan–Dec 2026) — enter employee hours, overtime, PTO, and deductions each month
Automatic Overtime Calculation — hours over 40/week calculate at 1.5x rate automatically
PTO Tracking — vacation, sick, personal days, and holiday hours, paid at standard rate
Gross & Net Pay Formulas — Gross Pay = Regular + Overtime + PTO pay; Net Pay = Gross − Deductions
Payroll Deductions — Federal Tax, FICA, Medicare, State Tax, Health Insurance, 401(k), and more
Planned vs. Actual Variance — instantly see variance in dollars and percentage
Annual Dashboard — auto-updating bar chart (monthly actual vs. planned) and category breakdown, plus annual totals, averages, and highest/lowest month

What's included: One Excel workbook (.xlsx) with 15 sheets — a How-to-Use guide, a Master Template reference, 12 monthly sheets, and an annual Dashboard. Fully compatible with Microsoft Excel and Google Sheets.

Digital product — no physical item will be shipped. Due to the nature of digital downloads, all sales are final.

🎁 Bundle & save 49%: get all 6 of our business spreadsheet templates — including this one — in The Complete Business Spreadsheet Toolkit for $89 (a $174 value).

Employee Payroll & Timesheet Manager — Automated Excel & Google Sheets Template