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Nanny Share Cost Split Calculator, Timesheet, Overtime and Settle Up, Google Sheets and Excel

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  • Digital download
  • Digital file type(s): 2 Files
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Nanny share cost split calculator spreadsheet with a dashboard of family balances and a family statement

A nanny share cost split calculator and timesheet that splits the nanny's pay, overtime, paid holidays and shared expenses between two (or three) families to the penny - and shows exactly who owes whom.

Most nanny share tools are a contract or a simple timesheet. This one does the math every week: log the nanny's hours once and each family's share works itself out - shared care, solo care, overtime, guaranteed hours, reimbursements and settle-up payments between families.

WHAT IT DOES FOR YOU
- Shared vs. solo care: shared hours (all families' kids) are split by your shared % - Equal, By number of kids or Custom %. Solo hours (one family's kids only) are paid by that family at its own rate.
- Overtime done right: counted per workweek on the nanny's total hours for all families (default over 40, editable). The premium uses the week's regular rate and is split by each family's share of that week's hours. Paid holidays and PTO don't count toward overtime.
- Guaranteed hours: if a finished week falls short of the guarantee, the top-up is added and split automatically.
- Pay periods (weekly or biweekly): each family's wages + its share of reimbursements = what it owes the nanny, and the families' shares always add up to the nanny's gross pay to the penny.
- Shared expenses and mileage: supplies, outings, food, classes. Split by shared %, Equal, Custom % or one family. Paid by the nanny = reimbursed with her pay. Mileage uses the IRS business rate for the date (prefilled, editable).
- Settle up: works whether one family runs payroll and the other reimburses, or each family pays its own share. Every family shows Even, Owes $X or Is owed $X, and a balance unpaid too long is flagged.
- Household employer thresholds: each family's wages by payday vs. the Social Security / Medicare threshold ($3,000 for 2026) and the FUTA $1,000-per-quarter test, in an editable yearly table, with estimated employer taxes on the Year-End Summary.
- Nothing hidden: the Dashboard counts custom splits that don't total 100%, timesheet rows with no hours, unknown family names, missing weeks, balances unpaid too long and thresholds to review. ALL SETTLED shows only when every family is Even and nothing is flagged.

PRINT-READY ONE-PAGE VIEWS
- Family Statement: pick a family and a pay period or month - hours by type, rates, overtime share, expenses, total owed, payments and balance.
- Pay Period Summary for your nanny: hours by week, gross pay by family and how overtime was worked out.
- Year-End Summary per family for tax prep: wages by quarter, threshold checks, estimated employer taxes and reimbursements.
- Dashboard: settle-up statuses, recent weeks and flagged rows.

WHAT'S INCLUDED
- ReadyFileCo-Nanny-Share-Cost-Split.xlsx with 13 tabs: Start Here, Settings, Timesheet, Expenses, Payments, Weekly, Pay Periods, Settle Up, Tax Thresholds, Dashboard, Family Statement, Pay Period Summary, Year-End Summary
- Quick-Start Guide (PDF) with a one-click "Make my copy in Google Sheets" link
- Example data for two fictional families so you can see how it works, plus easy steps to clear it
- Room for 2 or 3 families, 800 days of hours (about 2 years), 500 expenses and 500 payments

EASY SETUP (ABOUT 15 MINUTES)
1. Settings: families, kids, how shared hours split, pay rates, pay period, overtime and guaranteed hours.
2. Log hours one row per day.
3. Log shared expenses and payments - everything else updates on its own.

WORKS IN
- Microsoft Excel 2010 or newer (Windows or Mac)
- Google Sheets (free): use the link in the guide, or upload the file and choose File > Save as Google Sheets
- Not tested in Apple Numbers

PLEASE NOTE
- This spreadsheet organizes your nanny share's records and estimates. It is not tax, payroll, employment or legal advice. Overtime and household-employer rules vary by state - check IRS Pub. 926, your state, or a professional.
- This is a digital download. Nothing will be shipped. You'll get a .zip file (spreadsheet and guide) and a separate Quick-Start Guide PDF.
- License: for use by the families in one nanny share. Please don't resell or share the file.
- Colors on your screen may vary slightly from the listing images.
- This template was designed by ReadyFileCo with the help of AI tools.

★ PAYING THE NANNY YOURSELF?
The Nanny Payroll and Household Employer Tax Tracker handles the payroll side: pay stubs, Social Security and Medicare withholding, FUTA, W-2 boxes and Schedule H: https://www.etsy.com/listing/4603277619/nanny-payroll-and-household-tax

Questions? Message ReadyFileCo on Etsy. I'm happy to help.

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  • Item type
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  • Digital file type(s)
    2 Files
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ReadyFileCo
ReadyFileCo ·

Anchorage, Alaska

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Listed on Oct 24, 2026