Solved

Converting time into Dollars

Posted on 2012-04-09
7
277 Views
Last Modified: 2012-04-09
EE Professionals,

I have a timesheet that has a Time-In and a Time-Out.  I am trying to calculate the amount of time that transpires between the In and Out record (Column E) and then simply multiply it times a Rate per Hour to give me a result.  I need the formula for calculating Column E.

Much thanks in advance,

B.
Calculating-Time-to-Money.xlsm
0
Comment
Question by:Bright01
  • 4
  • 3
7 Comments
 
LVL 43

Expert Comment

by:Saqib Husain, Syed
ID: 37823944
Try this formula

=D3-C3+IF(D3<C3,1)
0
 
LVL 43

Expert Comment

by:Saqib Husain, Syed
ID: 37824021
Or simply

=D3-C3+(D3<C3)
0
 

Author Comment

by:Bright01
ID: 37824325
ssaqibh,

Thanks for the formula.  Unfortunately it doesn't work.  4pm to 1am isn't .38 hrs. (Column E).

Can you take a look at the spreadsheet?

Thank you,

B.
0
Top 6 Sources for Identifying Threat Actor TTPs

Understanding your enemy is essential. These six sources will help you identify the most popular threat actor tactics, techniques, and procedures (TTPs).

 
LVL 43

Expert Comment

by:Saqib Husain, Syed
ID: 37824338
Format the cell as [h]:mm
0
 

Author Comment

by:Bright01
ID: 37824426
Got it.  Now look at G.  What is the formula I use to calculate the Amount?

Right now I'm using   =(([@Hours]*Hourly_Rate)+[@Additional]), but that's not working.

Thank you!

B.
0
 
LVL 43

Accepted Solution

by:
Saqib Husain, Syed earned 500 total points
ID: 37824443
=E3*$B$1*24+I3
0
 

Author Closing Comment

by:Bright01
ID: 37824517
Seems so simple!  Much thanks.....works great.

B.
0

Featured Post

How your wiki can always stay up-to-date

Quip doubles as a “living” wiki and a project management tool that evolves with your organization. As you finish projects in Quip, the work remains, easily accessible to all team members, new and old.
- Increase transparency
- Onboard new hires faster
- Access from mobile/offline

Join & Write a Comment

Suggested Solutions

Drop Down List with Unique/Distinct Values (enhancing the Combo-Box with a few steps and a little code) David miller (dlmille) Intro Have you ever created a data validation list from a database field or spreadsheet column (e.g., Zip Codes or Co…
How to quickly and accurately populate Word documents with Excel data, charts and images (including Automated Bookmark generation) David Miller (dlmille) Synopsis In this article you’ll learn how to use ExcelToWord! to copy data,charts, shapes …
The viewer will learn how to use the =DISCRINV command to create a discrete random variable, use this command to model a set of probabilities and outcomes in a Monte Carlo simulation, and learn how to find the standard deviation of a set of probabil…
This Micro Tutorial will demonstrate how to use longer labels with horizontal bar charts instead of the vertical column chart.

746 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

Need Help in Real-Time?

Connect with top rated Experts

13 Experts available now in Live!

Get 1:1 Help Now