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Need help with a financial formula

  1. #1
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    Need help with a financial formula

    Excel......2 columns.......a date and a price.

    How can I set this up so that it looks at the date column and gives me the grand total for all of the transactions in the price column by month.

    Know what I mean?

    16-Nov-12 100.00
    27-Nov-12 100.00
    14-Dec-12 100.00
    30-Nov-12 100.00


    In this small example table here, the November total would be 300 and the December total would be 100, but that's a running total, because the month isn't over yet.

    In actuality the durn thing is over 300 rows long.

    I wanna link a report to this data that will update the running totals as players are entered, and show the monthly revenue.

    Any ideas?
    Last edited by SargeUSMC; 12-16-2012 at 09:12 AM.

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    Re: Need help with a financial formula

    12 in the formula is the month December.
    Formula: copy to clipboard
    Please Login or Register  to view this content.
    Kind regards, Harry.

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    Re: Need help with a financial formula

    That was a quick response, Harry. Than ks a lot.

    How would I define the month in this formula though, if the dates come to me in the format you see in my sample chart? 11-Nov-12

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    Re: Need help with a financial formula

    See the attachment.
    Attached Files Attached Files
    Last edited by HSV; 12-16-2012 at 09:48 AM.

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    Re: Need help with a financial formula

    It works in your example there, but it isn't working in my application. It's totaling up the entire column and returning that value.

    you're using the number of the month in the formula.....11=Nov, 12=Dec, etc...

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    Re: Need help with a financial formula

    Please upload a example.

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    Re: Need help with a financial formula

    Ok, take a look....
    Attached Files Attached Files

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    Re: Need help with a financial formula

    The "-" in A45 in sheets(2) returs a error.
    So clear A45.
    Two examples of how it could.
    Columns A = date that formatted to "mmmm"
    Columns E with a Vlookup in the Sumproduct-formula.
    Attached Files Attached Files

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    Re: Need help with a financial formula

    Ok, I deleted a45, but I'm not sure what you're suggesting after that. You want me to change the format of the date? This is how it comes to me. If I have to change it, then every time I make an entry I have to change it. Is there a way to make it work with the date in this format?

    As for vlookup, I don't know what you mean, sorry. Perhaps you can elaborate.

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    Re: Need help with a financial formula

    Column A in sheets "Revenue" becomes also to you?
    Than make a table like the yellow cells.
    Attached Files Attached Files

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    Re: Need help with a financial formula

    Ok, Im trying to plug your formula into my workbook where it belongs and it's not returning the proper value.
    Take a look
    Attached Files Attached Files

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    Re: Need help with a financial formula

    I can't find the formule in your workbook.
    Witch cell ?

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    Re: Need help with a financial formula

    I think I got it

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    Re: Need help with a financial formula

    hat's pretty good! Lemme see if I can apply it for the other sheet.

    thanks for your help.

    You're in the Netherlands, huh?

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    Re: Need help with a financial formula

    You're welcome,

    Quote Originally Posted by SargeUSMC View Post
    You're in the Netherlands, huh?
    Google it.

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