Can you please guide me on payroll sheet creation calculation and generating

Welcome to the Community forum, @sprint. 

While there's no specific payroll sheet calculator in QuickBooks Online (QBO), you can use a third-party app to help you obtain this feature or you can manually calculate your employee's payroll. I recommend reaching out to your accountant to help you generate a formula for calculation.

On the other hand, you can use Journal entry to manually record your employee's payroll.  

In addition, you can check out this article to guide you on how to manage your financial reports in QBO: Run reports in QuickBooks Online.

Please don't hesitate to reach back to us if you have other concerns regarding payroll. We'll make sure to address them as soon as we can. Have a good one.