It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference from gross pay.

Excel is a spreadsheet with a lot of power. The software can be used to track inventory, track and calculate payroll and a myriad of other calculations.

Numerous employees get confused about why the money they take home is less than the gross pay they see on their salary slip.

Here's what you should know about net pay, what it is, how to calculate it and the difference between gross pay and net pay. Start the day smarter.