?
Solved

Excel Running Total Formula

Posted on 2011-02-27
5
Medium Priority
?
249 Views
Last Modified: 2012-05-11
Hi:

I have a spreadsheet where Marketing dollars are determined from Sales figures. 20% of Sales should be allotted each month toward Marketing, but not to exceed $150,000 for the year. I need the monthly Marketing figures in a row, determined by the running formula based on Sales.

I have attached an example Excel spreadsheet.

Thanks in advance! ExpertsExchange.xls
0
Comment
Question by:Tim Jackoboice
  • 3
  • 2
5 Comments
 
LVL 81

Expert Comment

by:zorvek (Kevin Jones)
ID: 34993212
See attached.

Kevin
ExpertsExchange.xls
0
 
LVL 81

Accepted Solution

by:
zorvek (Kevin Jones) earned 2000 total points
ID: 34993215
A correction.

Formula in B4:

   =MIN(B3*0.2,150000)

Formula in C4:

   =MIN(C3*0.2,MAX(150000-SUM($B4:B4),0))

Copy C4 to the right.

Kevin
ExpertsExchange.xls
0
 

Author Comment

by:Tim Jackoboice
ID: 34993242
Kevin:

Wow. Great. And quick, too.

One question, however. What if January sales were, for example, $1,000,000 and the Marketing dollars derived from that was $200,000? That would exceed the $150.000 cap....

Thanks.
0
 
LVL 81

Expert Comment

by:zorvek (Kevin Jones)
ID: 34993249
See my second post above.

Kevin
0
 

Author Comment

by:Tim Jackoboice
ID: 34993252
Thanks, Kevin. I posted my followup question before I saw you'd responded with a correction.

Works perfectly. Thanks again!
0

Featured Post

Free Tool: Port Scanner

Check which ports are open to the outside world. Helps make sure that your firewall rules are working as intended.

One of a set of tools we are providing to everyone as a way of saying thank you for being a part of the community.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Do you use a spreadsheet like Microsoft's Excel?  Have you ever wanted to link out to a non excel file on your computer or network drive?  This is the way I found to do it!
Windows Explorer let you handle zip folders nearly as any other folder: Copy, move, change, and delete, etc. In VBA you can also handle normal files and folders, but zip folders takes a little more - and that you'll find here.
This Micro Tutorial will demonstrate the scrolling table in Microsoft Excel using the INDEX function.
Excel styles will make formatting consistent and let you apply and change formatting faster. In this tutorial, you'll learn how to use Excel's built-in styles, how to modify styles, and how to create your own. You'll also learn how to use your custo…

569 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question