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HELP!!! I give up!!! Help with formula

  1. #1
    Joe S.
    Guest

    HELP!!! I give up!!! Help with formula

    I am building a house, acting as my own general contractor. I am setting up
    an Excel spreadsheet to track actual cost versus estimate so I'll know when
    I'm running out of money.

    I need to set up the spreadsheet with each cost item -- grading, fill,
    footers, framing lumber, shingles, etc., etc. I then need to put an entry
    for ESTIMATE, ACTUAL, DIFFERENCE. The DIFFERENCE column should conform to
    these rules:
    -- If ESTIMATE and ACTUAL are equal, nothing should appear in the DIFFERENCE
    cell.
    -- If ESTIMATE is greater than ACTUAL (that is, if I budgeted more than it
    cost), then a positive dollar figure should show in DIFFERENCE.
    -- If ESTIMATE is less than ACTUAL (if it cost more than I estimated), then
    a negative number should appear in the DIFFERENCE cell (in parens on the
    printout, in red on the screen).

    For example:
    Item Estimate Actual Difference
    Fill $500 $475 $25
    Form labor $800 $1,000 -$200
    Plans $1,200 $1,200
    (At this point I will show a total difference of -$175, thus, I will know
    that I am $175 over budget.

    I can't figure out the formula for the DIFFERENCE cells -- can someone help?

    Thanks in advance.

    --

    -----
    Joe S.



  2. #2
    Ron Coderre
    Guest

    Re: HELP!!! I give up!!! Help with formula

    If
    A2 is Fill
    B2 is Estimate
    C2 is Actual
    Then
    D2 (the difference) =B2-C2

    Does that help?

    Ron



  3. #3
    JMB
    Guest

    RE: HELP!!! I give up!!! Help with formula

    Also,click Format/Cells and select custom for a variety of ways to display
    the numbers (negative numbers in parentheses, red, etc).


    "Joe S." wrote:

    > I am building a house, acting as my own general contractor. I am setting up
    > an Excel spreadsheet to track actual cost versus estimate so I'll know when
    > I'm running out of money.
    >
    > I need to set up the spreadsheet with each cost item -- grading, fill,
    > footers, framing lumber, shingles, etc., etc. I then need to put an entry
    > for ESTIMATE, ACTUAL, DIFFERENCE. The DIFFERENCE column should conform to
    > these rules:
    > -- If ESTIMATE and ACTUAL are equal, nothing should appear in the DIFFERENCE
    > cell.
    > -- If ESTIMATE is greater than ACTUAL (that is, if I budgeted more than it
    > cost), then a positive dollar figure should show in DIFFERENCE.
    > -- If ESTIMATE is less than ACTUAL (if it cost more than I estimated), then
    > a negative number should appear in the DIFFERENCE cell (in parens on the
    > printout, in red on the screen).
    >
    > For example:
    > Item Estimate Actual Difference
    > Fill $500 $475 $25
    > Form labor $800 $1,000 -$200
    > Plans $1,200 $1,200
    > (At this point I will show a total difference of -$175, thus, I will know
    > that I am $175 over budget.
    >
    > I can't figure out the formula for the DIFFERENCE cells -- can someone help?
    >
    > Thanks in advance.
    >
    > --
    >
    > -----
    > Joe S.
    >
    >
    >


  4. #4
    Ravi
    Guest

    RE: HELP!!! I give up!!! Help with formula

    hi,

    the differnce can be obtained as "Estimate" cell - the "Actual" cell. For
    ex, if you have actual in cell B2 and actual in C2, then the differnce is
    "B2-C2". For hiding zeros, go to "tools" in the toolbar, then to "options"
    and in the "view" tab, uncheck "zero values".

    Hope this helps.

    Ravi

    "Joe S." wrote:

    > I am building a house, acting as my own general contractor. I am setting up
    > an Excel spreadsheet to track actual cost versus estimate so I'll know when
    > I'm running out of money.
    >
    > I need to set up the spreadsheet with each cost item -- grading, fill,
    > footers, framing lumber, shingles, etc., etc. I then need to put an entry
    > for ESTIMATE, ACTUAL, DIFFERENCE. The DIFFERENCE column should conform to
    > these rules:
    > -- If ESTIMATE and ACTUAL are equal, nothing should appear in the DIFFERENCE
    > cell.
    > -- If ESTIMATE is greater than ACTUAL (that is, if I budgeted more than it
    > cost), then a positive dollar figure should show in DIFFERENCE.
    > -- If ESTIMATE is less than ACTUAL (if it cost more than I estimated), then
    > a negative number should appear in the DIFFERENCE cell (in parens on the
    > printout, in red on the screen).
    >
    > For example:
    > Item Estimate Actual Difference
    > Fill $500 $475 $25
    > Form labor $800 $1,000 -$200
    > Plans $1,200 $1,200
    > (At this point I will show a total difference of -$175, thus, I will know
    > that I am $175 over budget.
    >
    > I can't figure out the formula for the DIFFERENCE cells -- can someone help?
    >
    > Thanks in advance.
    >
    > --
    >
    > -----
    > Joe S.
    >
    >
    >


  5. #5
    Paul Black
    Guest

    Re: HELP!!! I give up!!! Help with formula

    Hi Joe S,

    Another Way is, if you have the ITEM in Cell A1, ESTIMATE in Cell B1,
    ACTUAL in Cell C1 & DIFFERENCE in Cell D1, then in Cell D2 Enter the
    Formula :-
    =IF(B2-C2<>0,B2-C2,"")

    Hope this Helps.
    All the Best.
    Paul



    Joe S. wrote:
    > I am building a house, acting as my own general contractor. I am setting up
    > an Excel spreadsheet to track actual cost versus estimate so I'll know when
    > I'm running out of money.
    >
    > I need to set up the spreadsheet with each cost item -- grading, fill,
    > footers, framing lumber, shingles, etc., etc. I then need to put an entry
    > for ESTIMATE, ACTUAL, DIFFERENCE. The DIFFERENCE column should conform to
    > these rules:
    > -- If ESTIMATE and ACTUAL are equal, nothing should appear in the DIFFERENCE
    > cell.
    > -- If ESTIMATE is greater than ACTUAL (that is, if I budgeted more than it
    > cost), then a positive dollar figure should show in DIFFERENCE.
    > -- If ESTIMATE is less than ACTUAL (if it cost more than I estimated), then
    > a negative number should appear in the DIFFERENCE cell (in parens on the
    > printout, in red on the screen).
    >
    > For example:
    > Item Estimate Actual Difference
    > Fill $500 $475 $25
    > Form labor $800 $1,000 -$200
    > Plans $1,200 $1,200
    > (At this point I will show a total difference of -$175, thus, I will know
    > that I am $175 over budget.
    >
    > I can't figure out the formula for the DIFFERENCE cells -- can someone help?
    >
    > Thanks in advance.
    >
    > --
    >
    > -----
    > Joe S.



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