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KWSP Excel formula
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# This formula can be used in Excel to calculate KWSP/EPF 2024 Employer and Employee | |
A B C | |
Salary Majikan Pekerja | |
6000 720.00 660.00 | |
A2 | |
Enter salary | |
B2 | |
=IF(A2>5000, CEILING.MATH(12/100*CEILING.MATH(A2/100)*100), CEILING.MATH(13/100*CEILING.MATH(A2/20)*20)) | |
C2 | |
=CEILING.MATH(11/100* IF(A2>5000, CEILING.MATH(A2/100)*100,CEILING.MATH(A2/20)*20)) | |
# verify formula with table : https://www.kwsp.gov.my/documents/d/guest/jadual-ketiga-bm-pdf-1 |
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