Hello guys.
I want to match costs and revenues as they occurred in their specific dates. The workbook attached may help you understand what I want but below is a summary.
How the workbook works.
- Prices sheet extracts unique items from purchases sheet and shows the latest buying price and selling price along with current stock.
- Sales sheet picks Items from Prices sheet and has Data Validation for the items
- Purchases sheet records all new items as they are bought and registers the buying and selling price as of that particular stock and date.
- Counted Stock is free stock that was given to the business before any purchases were made so if free stock is empty, it means 0 stock was given freely for that specific item
- The Items in Purchases sheet are always sorted by date with the items randomly distributed as the purchases occurred.
What I need.
- Counted stock value should be matched to the first purchase cost of that specific item.
- Current stock column in the Prices sheet should pick counted stock plus purchases, less sold stock.
- Value of Current Stock should match the cost of stock when bought at their various dates.
- Sales sheet should match revenues with costs as they occurred at their various dates using First In First Out system.
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