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Sum up all amount and subtract with receivable to show Net Total

  1. #1
    Forum Contributor ebin charles's Avatar
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    Sum up all amount and subtract with receivable to show Net Total

    Hai,

    I have excel file consist of all sales invoices with different client name.
    In same file there is summary sheet consist of all client name with column "Net Receivable".

    Now I need to drive the "Net Receivable" from main sheet by sum up all
    Invoice amount and minus with all received amount for each client and to
    show the total in Net receivable column("C").

    Can anyone help me please.
    Lots of THANKS in advance.

    Regards
    Charles
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    Last edited by ebin charles; 07-21-2011 at 03:59 AM.

  2. #2
    Forum Expert Colin Legg's Avatar
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    Re: Sum up all amount and subtract with receivable to show Net Total

    Hi,

    You could use this formula in C7 and fill down the column:
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    I think another neat way of doing this is to use a pivot table with a calculated field. The advantage of the pivot table is is will automatically derive the distinct list of client names for you. I've attached an example showing both ways.

    What the pivot table tells me is that:
    • You've missed off a couple of clients from your current summary list: GULF STEEL WORKS and ZAMIL Offshore.
    • You've duplicated a couple of clients in your current summary list: SUNGCHANG and STFA Marine Construction Company .

    (Note: You can exclude "Total" from the pivot table by using the filter on the Client Name, but I probably wouldn't include a total on the "Other" tab at all - you can do it in the "Summary" tab instead.)
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    Last edited by Colin Legg; 07-01-2011 at 06:16 AM.
    Hope that helps,

    Colin

    RAD Excel Blog

  3. #3
    Forum Contributor ebin charles's Avatar
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    Re: Sum up all amount and subtract with receivable to show Net Total

    Thank you very much. Thank you

    regards

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