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Edit percentage calc column to price.

  1. #1
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    Edit percentage calc column to price.

    Hi all! Totally noob alert here. I am not familiar with excel at all. But would appreciate some help changing a calculation in a column of a template I got from MS.
    So the template is this one https://templates.office.com/en-us/O...ker-TM10000095
    I really like it, because it's simple and looks good. I would however like to change the "Percet markup" calculation and make it a direct "sold for". Since I have different buyers paying different prices on the same product.
    So I would rather like to change it to: "Cost per item", "Item sold for".... And have Excel calculate it all for me. In order to not have to calculate the different percent markup on every sale I make.
    Hope anyone can help me out changing that!
    Thanks for now!

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    Re: Edit percentage calc column to price.

    Change the heading to "Item Sold For" and adjust the formatting to the currency of your choice. Enter the appropriate amounts, then change the formula in F16 to:

    =IFERROR([@[Total Sold]]*[@[Item Sold For]],0)

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    Re: Edit percentage calc column to price.

    I16 becomes:

    =IFERROR([@[Item Sold For]]+[@[Shipping Charge/Item]]-[@[Shipping Cost/Item]],0)

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    Re: Edit percentage calc column to price.

    Thanks for you help Cantosh!
    I formatted the percentage cell and changed it to currency. Also changed the heading to exactly what you wrote.
    But I get an error when trying to change the formula in F16. "The name that you've entered is not valid"
    And even though I changed D16 from % to currency. I still get the percent margin.
    Cost per item: 10, Item sold for: 20, Total sold: 1, and get Total revenue of 210..

    Lol I must be doing something wrong, so please bare with me

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    Re: Edit percentage calc column to price.

    Take a look at the attachment, see if it helps. In the attachment, I also changed the formula for I16:I20. Forum user JeteMc helpfully pointed out that I neglected to account for the item cost in the formula I gave you in post #3. For some reason I interpreted "Item Cost" as MSRP, whereas the other formulas in the table indicate that it should be regarded as an actual cost. The new formula for I16:I20 is:

    =IFERROR([@[Item Sold For]]-[@[Cost Per Item]]+[@[Shipping Charge/Item]]-[@[Shipping Cost/Item]],0)
    Attached Files Attached Files

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    Re: Edit percentage calc column to price.

    Awesome! You pretty much did the work for me. But will take this useful information in account for further modifications.
    Thank you so very much Cantosh!! Very helpful!!

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    Re: Edit percentage calc column to price.

    Glad to help, good luck!

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