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Variance Percentage Formulas - Can't Fix!

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    Variance Percentage Formulas - Can't Fix!

    Hi All,

    Hoping someone could help me, would really appreciate it.

    I am an accountant and often have two variance columns when comparing against Actual results to Budget - One for absolute variances between the actual and budget and one for the percentage variance against the actual and budget.

    The issue I have is, if I start the variance percentage formula with '=+' if the budget number is a negative and the actual number is a positive, the percentage will be a minus percentage instead of a plus and if both numbers are minus, e.g. actual is -1 and budget is -5 it will show a negative percentage instead of a positive and vice versa. To fix this, I've always had to keep changing the start of the formula to say either '=-' or '=+' depending on what the numbers are. Is there a way to fix this?

    Furthermore, if I'm comparing an actual number of say 50 and a budget number of 0 the percentage will show the '#DIV/0!' sign instead of +100% and if I'm comparing an actual number of say -50 and budget number of 0 it will show the '#DIV/0!' instead of -100% so I always have to manually type in 100% or -100%.

    If anyone could fix these 2 issues it would be an absolute life saver!!

    Hope I explained this well enough and many thanks in advance!

    Chris

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    Re: Variance Percentage Formulas - Can't Fix!

    Second problem:
    Formula: copy to clipboard
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    Trevor Shuttleworth - Excel Aid

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    Re: Variance Percentage Formulas - Can't Fix!

    Thank you so much! That's perfect for 2nd problem, works great!

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    Re: Variance Percentage Formulas - Can't Fix!

    You're welcome. Thanks for the rep.

    I kinda think you could use the SIGN function to address the first problem, but I have to be honest and say I don't really understand your logic.

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    Re: Variance Percentage Formulas - Can't Fix!

    No problem.

    I've attached an excel file with 4 different examples. Two of the examples work with the formula starting with '=+' and two don't. I would have the same issue if I started it with '=-' where two of the examples would be correct and two of them wouldn't be.

    Hope this explains better?

    Thanks,

    Chris
    Attached Files Attached Files

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    Re: Variance Percentage Formulas - Can't Fix!

    I think I found a way to fix it! By using the formula '=F8/ABS(E8)'. Is there a way I can combine this formula and your formula together?

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    Re: Variance Percentage Formulas - Can't Fix!

    OK, it's taken me a while to get round to looking at your file, but I think this addresses the problem:
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    This reverses the sign in the examples marked as incorrect, and leaves them alone in the examples marked as correct.

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    Re: Variance Percentage Formulas - Can't Fix!

    Is this resolved now?

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