Payroll templates can save businesses time, ... If you’re comfortable with Excel and use it often, for example, an Excel spreadsheet is your best format.

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.

Creating a Payroll Spreadsheet. ... If you search the Internet, you can find hundreds of ready-made payroll templates that you can customize and use in popular spreadsheet programs.

ExcelPayroll: Best payroll spreadsheet template. Image: ExcelPayroll. Microsoft Excel, Microsoft’s spreadsheet software, isn’t a free product.