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Splitting cost (based on percentages)

  1. #1
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    Post Splitting cost (based on percentages)

    I'm trying to produce an Excel spreadsheet to split cost with my room mate. I can't figure out the two formulas I need in order to get some totals (see below).
    Here's how the data is structured:

    Item | Price | Paid By | Percentage (to cover)
    Phone | 200.00$ | Marc Marina | 25%
    Coffee | 10.00$ | Patrick Lid | 50%
    Gas | 20.00$ | Marc Marina | 75%


    Firstly, I want to be able to get the total paid by each individual (We are only two by the way).
    Based on the data above, I would like to get this:

    Marc Marina : 220.00$
    Patrick Lid: 10.00$


    Secondly, I would also like to be able to know what amount is owed by each individual.
    Based on the data above, I would like to get this:

    Marc Marina : + 150.00$
    Patrick Lid: - 150.00$

    Any help would be greatly appreciated.
    Last edited by marcmarina; 09-27-2012 at 10:20 AM.

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    Red face Re: Splitting cost (based on percentages)

    Something like this?
    Attached Files Attached Files

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    Re: Splitting cost (based on percentages)

    Hi,

    Welcome to the forums .

    I don't understand how you get the +$150 and the -$150?

    Here is what I have so far.

    Thanks

    Danny
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    Last edited by DannyJ; 09-26-2012 at 11:19 AM.

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    Re: Splitting cost (based on percentages)

    Hi marcmarina

    Can upload a sample worksheet with your set up and examples.

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    Re: Splitting cost (based on percentages)

    DannyJ
    A big thank you for the spreadsheet.

    Here's why I get +150.00$ for Marc Marina and -150.00$ for Patrick Lid (Meaning that Patrick owes 150.00$ to Marc).

    PhoneMarc has paid 200$ and should cover 25% of the amount; Patrick owes Marc 150.00$
    CoffeePatrick has paid 10.00$ and should cover 50% of the amount; Marc owes Patrick 5.00$
    GasMarc has paid 20.00$ and should cover 75% of the amount; Patrick owes Marc 5.00$

  6. #6
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    Re: Splitting cost (based on percentages)

    Ok then. My spreadsheet is pretty close. The decimal places I used should be the other way around basically. I will attach it to this post in a minute .

    I know there is ab it more you want but I have to head home. WIll do it when I geti n.

    Danny
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    Last edited by DannyJ; 09-26-2012 at 11:45 AM.

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    Re: Splitting cost (based on percentages)

    Here's my file:
    Attached Files Attached Files

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    Re: Splitting cost (based on percentages)

    Almost there. With the help of DannyJ, I'm almost done. I still haven't figured out the formula I need to calculate the amounts owed. See my current spreadsheet
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  9. #9
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    Re: Splitting cost (based on percentages)

    Hi

    This is what I have so far, use SUMIFS in B10:B11 in B15 & B16 I have Array formula. I will have another go later.
    Attached Files Attached Files

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    Re: Splitting cost (based on percentages)

    Thanks everyone. I was able to make everything work as I wanted.

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