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how to subtract amount

In your IF statement, you are not providing a decision path for when the Received Amount is LESS than the Outstanding Balance on a Bill - That is why you are getting the FALSE in Option 2.

Are you converting a legacy paper system to Excel? If so, perhaps you can dispense with quite a few steps in your process. This is where the confusion arises.
 
Last edited:
In your IF statement, you are not providing a decision path for when the Received Amount is LESS than the Outstanding Balance on a Bill - That is why you are getting the FALSE in Option 2.

Are you converting a legacy paper system to Excel? If so, perhaps you can dispense with quite a few steps in your process. This is where the confusion arises.


please see this file
 

Attachments

  • Book2.xlsx
    11.6 KB · Views: 5
Hi ,

I am not able to understand this formula :

=IF(H7>G10,(G10-H7))

H7 is the received amount ; G10 is the first outstanding amount.

What the formula is doing is if the received amount is more than the outstanding amount , it is subtracting the received amount from the outstanding amount. Why ?

If you can explain in clear terms where you want formulae inserted , and what should be the results these formulae should display in their cells , we can suggest the appropriate formulae.

The columns I and M may not be necessary , and it is better we do not concentrate on your formulae in these two columns.

Narayan
 
Hi ,

I am not able to understand this formula :

=IF(H7>G10,(G10-H7))

H7 is the received amount ; G10 is the first outstanding amount.

What the formula is doing is if the received amount is more than the outstanding amount , it is subtracting the received amount from the outstanding amount. Why ?

If you can explain in clear terms where you want formulae inserted , and what should be the results these formulae should display in their cells , we can suggest the appropriate formulae.

The columns I and M may not be necessary , and it is better we do not concentrate on your formulae in these two columns.

Narayan

Hi,

Thanks for attention my prob
 

Attachments

  • Book2.xlsx
    12.1 KB · Views: 4
Hi ,

You mention :
In the Example 1 received amount is 100000 ; suppose my client send me the payment of Bill Number 15 and Bill Number 20
How do we know to which bills the received amount is to be allocated ?

Narayan
 
Hi ,

Questions seem to be cropping up with every post.

If the received amount has an exact match , we can write a formula to allocate the received amount to a specific bill , but what about the amount you showed earlier 100,000 ?

This can be allocated to multiple bills ; how will those allocations be decided ?

Narayan
 
This problem needs to be re-thought from the perspective of an Excel Process, rather than "can you find me an Excel Solution?".

Yes, it's possible to create an Excel solution - I've seen the Ninjas here produce some amazing formulae, however, they require a very thorough and advanced knowledge of Excel. If anything goes awry with your worksheet, it will require the intervention of a Ninja to fix it, I fear.

There are simpler, more logical ways of laying out this challenge and I suggest you consider making that your goal. The current process is too complicated to explain - therein is the clue.
 
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