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[SOLVED] need help on formulas for balance function (accounting)

  1. #1
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    [SOLVED] need help on formulas for balance function (accounting)

    hi folks,

    Need help on the best formula to make sort of account detail
    i.e.

    date description CREDIT DEBIT BALANCE
    1/11 balance from october 35000
    5/11 income 4750 39750
    7/11 expense 450 39300

    what formula can I put in the BALANCE Row, so that when I put certain value to CREDIT row the balance will increase.
    And when I put certain value to DEBIT row, the balance will decrease

    example file are attached

    Thanks
    Attached Files Attached Files
    Last edited by h4rry; 11-17-2010 at 06:58 AM. Reason: Rule number 1 regarding title..

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    Forum Expert Domski's Avatar
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    Re: need help on formulas

    Formula in E3 copied down:

    =$E$2+SUM($C$3:C3)-SUM($D$3:D3)

    Dom
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    Forum Expert royUK's Avatar
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    Re: need help on formulas

    Your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution. Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.
    To change a Title on your post, click EDIT then Go Advanced and change your title, if 2 days have passed ask a moderator to do it for you.
    Hope that helps.

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    Re: need help on formulas

    Quote Originally Posted by royUK View Post
    Your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution. Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.
    To change a Title on your post, click EDIT then Go Advanced and change your title, if 2 days have passed ask a moderator to do it for you.
    Sorry, I've been away from the forum for too long, and sorry for my question title being not really clear. :D

    Quote Originally Posted by Domski View Post
    Formula in E3 copied down:

    =$E$2+SUM($C$3:C3)-SUM($D$3:D3)

    Dom
    Many Thanks!! It works!!

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    Forum Expert royUK's Avatar
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    Re: need help on formulas

    Nothing to stop uou editing it now & then mark it solved

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    Re: need help on formulas

    I am an Accountant but with little knowledge in Excel. Kindly help me to make a cash book with receipts payments and balance column in excel. What formula we have to put to get the following result. Receipts is added to balance column. Payment is reduced to balance column. And balance carried is added to balance column. Please help.

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    Re: [SOLVED] need help on formulas for balance function (accounting)

    Unfortunately your post does not comply with Rule 2 of our Forum RULES. Do not post a question in the thread of another member -- start your own thread.

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