Click cell "D1" and type "Total Hours." Press the "Enter" key. Click cell "D2" and type the total hours of the first employee. Continue entering each employee's total hours in column C. Click cell "E2 ...

As a business owner, part of your job is cutting your employees accurate paychecks. Depending how you pay them, this may involve adding up the hours worked or dividing their annual salary by 52 or 26.

Source: 401kcalculator.org via Flickr. What is gross pay? Basically, gross pay refers to all the money your employer pays you before any deductions are taken out. It includes all overtime, bonuses, ...