First In First Out (FIFO) Accounting For Equity Trade's Book Cost
Apr 23, 2009
I have a number of equity trades (both purchase and sales). I need to know the book cost of those sale trades to figure out the realized gain/loss according to First-in-first-out method.
Since the unit sold may included units bought at different time and different price, so I have to first exhaust the first lot that I purchase before moving into second lot, and so on and so for.
Column G - J are for illustration. I highlighted K10, K11 and K12 are book cost that I want to calculate. Instead of manually separating out units in each lot previously bought. Is there an automatic way? I would not mind adding new columns to ease calculation.
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Mar 8, 2014
I am trying to create a worksheet that tracks the age o f the inventory in my warehouse. I am charged each week at an increasing rate and want to be able to track what these charges will be. I would like to be able to sum up the data below in a pivot table that shows how many units are falling into each age group, this would add up to a max o f 10 weeks o f increasing charges.
3/1/14 received 1000 units
3/6/14 ship 600 units
3/8/14 charge for 1 week at 400 units
3/8/14 receive 500 units (900 pieces on units)
3/13/14 ship 300 units
3/15/14 charged for 100 units at 2 weeks and 500 units at 1 week
This needs to be able to assume this is going on for 10 different items, I would like to be able to track the items independently and in bulk.
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Oct 14, 2005
I need to compare and calculate the Unit Cost Price of my Inventory based on the 3 methods of inventory valuation: FIFO (First In, First Out), LIFO (Last In, First Out) and Average Cost.
Next, I enclose 3 snapshots of each method with the results required (columns color yellow).
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Apr 29, 2006
I have a spreadsheet where I often have to exchange pairs of cells. I currently do this by dragging Cell A to a blank portion of the sheet, dragging Cell B to Cell A's former location, then dragging Cell A to Cell B's former location. I was just thinking that I might be able to use VBA to allow me to drag Cell A to Cell B and have them "trade places".
I don't even know what events are involved in the dragging process so I don't know where to start.
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Jun 4, 2014
The attached spreadsheet should explain my issue. In a nutshell, the value on line 6 is from the previous day's data (i.e Tuesdays line 6 is based on Monday's data). If the previous day has no data ( i.e. market closed), line 6 should reflect the last line 6 calculation.
Also, i would like line 6 to be zero past 2 calendar days from today. i.e. Friday June 6 should read zero until tomorrow (june5) data is entered.
Pivot.xlsx
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Jul 18, 2014
I made the following code to merge 2 workbooks together.
The code is to be executed when the user has Workbook A opened. (All sheets in workbook KPISWD are supposed to be moved after all worksheets in workbook KPICustomers).
I keep getting a debug error on the code that is supposed to do the actual move and loop until it is finished with all of the sheets in Workbook B.
Code:
Dim KPICustomers, KPISWD As String
KPICustomers = ActiveWorkbook.Name
Workbooks.Open Filename:= _
"W:FacturatieKPI per periode SWD.xls"
KPISWD = ActiveWorkbook.Name
[Code] ..........
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Jun 22, 2007
I have the below code, which now looks to see if a file is open or not, if it is, then copy and past 'Data' and if not open the book and copy 'Data'.
I think the code is sort of right, but im missing something, as i keep getting runtime error when i try and copy. Here is the
Sub PrintSaveKPIUpdate()
Dim sFilName As String
sFilName = "C: estCashSales_KPI.xls"
Set Main = ThisWorkbook
If IsOpen(sFilName) Then
' Book is Open.
Worksheets("Setup Data"). Range("Data").Activate
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Mar 5, 2014
Column A = persons name
Column B = number of hours
Column C = trade
Column D = shift (as in day, night or weekend)
Column E = I would like the formula that looks at the trade and time and then puts the correct rate.
I have a little table on the site with trades/times and rates. IF and IF THEN do something
I took a screenshot to show: [URL] ..........
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Aug 29, 2007
i have done a search on this topic and found many similar answers to many similar questions. All specify using Application.Run "workbookname.xls!macroname".
In my code, the filename has an assigned value as the master code goes out to many secondary files - the user selects the particular one they want at the start of the macro. The variable assigned is called "UpdateKAMsFile".
how do i get the macro called KAMsRandomColour to run in the workbook designated by UpdateKAMsFile?
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Mar 15, 2007
In a financial environment we have a calculator which uses iteration to allow for a cost being added to loan amount where the cost is based on the total loan amount. Iteration is set to 100 iterations with max change .001
On one PC the first time the calculator is opened it gives a particular (incorrect) result. If the input cells are cleared and the data re-entered, it gives the correct result. This only happens on one particular PC. Is there some other setting , other than the iteration setting, that would cause this?
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Jul 16, 2014
so to start off im not able to attach things due to security reasons, what i need is either 1 of 2 macros. if its possible, both are related. one possible is as follows: i need it to go through a certain column (say I for example) and look at the information in it, this information can vary from peoples names along with dates and other stuff, i want it to look through these and if anything has a date today and prior i need the cell to be highlighted. problem is sometimes it might have 2 dates, or no dates. it should have todays date, their name, other information, and future date of something. but not everyone does, this is the macro i dont think that can exists.
2nd macro possibility the other macro uses the first sheet, AFTER been highlighted, normally by hand, and takes it to another workbook and puts in in certain spots. so the first sheet has names of everyone in column K. what i need is it to look at column I and if its highlighted take entire row to other book, and put into sheet under the person name in their tab. the second book has a tab for each person (at this time 18 tabs) which can fluxuate, and each tab is the persons first and last name, without spaces. since when i put sums on main page it didnt want to work with the spaces i had to omit them. again im not sure this is possible.
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Feb 21, 2010
I have inventory... with starting product at a certain cost, received product at a new cost, and used product. I want to assume that we are using FIFO.
What I need is a total cost (what I have paid) for what is sitting in my freezer.
Column A is START (5)
Column B is RECEIVED (6)
Column C is USED (2)
Column D is END (9) or (A1+B1-C1)
Column E is OLD COST ($12.20) cost per unit of those 5
Column F is NEW COST ($13.50) cost per unit of the 6 i got in
So I need in Column G a FIFO formula for total cost of what I have in the fridge.
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Nov 23, 2009
I have a worksheet containing data for a product my company manufactures. I want to make a userform with 1 combobox and 4 textboxes for first in first out management of inventory. From the columns in the worksheet the combobox = "Product", textbox1= "Container", textbox2= "Production Date", textbox3= "Warehouse Location", and finally textbox4= "Sheduled Ship Date".
I need it to work by the user selecting a particular product in the Combobox, based on that the first 3 textboxes are populated based on the oldest production date for that particualr "Product". The user can then input into the 4th textbox "Schedule Ship Date" the appropriate date, then hit a command button to update the spreadsheet with the "Scheduled Shipping Date" ...
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Jul 14, 2007
I have a workbook with a series of #'d tabs corresponding to different pieces of inventory tracked independently (I've simplified it significantly and attached it). I would like to use the First-in First-out inventory valuation method to calculate the current cost of inventory. A manual calculation and description of the method and the proper result is included in the sample file.
I have come across numerous references to http://www.cpa911.com/read_article.asp?ID=46 here, via google, other messageboards, etc; however, when I have tried implementing it, even as described, it never seems to work! (Note: I've included the code and set it up per their instructions in the attached file...of course, unless I misinterpreted their instructions and my problem lies there...) Moreover, I'm not sure how I would implement this particular macro anyways using named regions considering the same macro would have to be run across several sheets. As a result, the named ranges would always pull data from only the one sheet containing the named range required by the macro . This begs the question of whether there a way to create unique named ranges for each sheet that would be interpreted correctly by a single macro running across multiple sheets...
If this is at all unclear, I would be more than happy to rephrase any/all parts. After all, this problem has been aggravating me for weeks, and I am at the mercy of this forum's gifted coders who may not be well versed in accounting theory.
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Jun 29, 2007
I have a file where I want to make a report which will put the stocks having positive balances along with their prices and values.
Stocks are to be valued on FIFO (First in first out) method ie when the stocks are sold it means it were sold from the first lot bought and so on.
Reporting is required for Shares Held For eg. for Stock A, Buy qtn is (50+50+100++100) and sell qtn is 100 So total balance is Buy Qtn 300 - sell Qtn 100 = 200 Sell Qtn 100 will out of first 50 & then next 50 (First in so first out) balance held in hand is out of last two Qtn 100 purchases. The prices are corresponding to these two lots of 100 stocks.
Reporting will be for Stock held (lotwise) See Sheet 2 of the file attached.
Basis of price will be fixed ie no formula etc and corresponding to those lots.
Actually these data are copied from web qwery so formula etc are not required. For cost purpose, price and Total correponding the balnce qtn lot are relevant
In case more clarification required, do let me know. I will try to make them clear.....
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Sep 16, 2008
I need help to calculate inventory value using FIFO method...
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Jun 15, 2009
Need fifo, lifo and average formula ....
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Aug 20, 2009
I would like to know if there is a way to copy a spreadsheet and paste it into a new tab on another spreadsheet. We currently download 2 lots of spreadsheets from SAP and would like to create another spreadsheet to act as a 'central' preadsheet. What I would like to happen is that the data from the 2 downloaded spreadsheets will be automatically pasted into 2 new tabs on the central spreadsheet, then run some formatting macros (which I can do fine).
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May 10, 2014
Make an interactive calendar in excel. I would like to have 3 sheets. One were I can enter the names and corresponding reoccurring roster, that would be days on days off, a second sheet that does all the calcs etc and returns days of which all or most of the people are going to have off at the same time, so we can organise things in advance and maybe a third sheet that shows an actual graphical display of this information like a traditional calendar.
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Jul 7, 2009
I've been trying to come up with either a formula or a macro (I'm a novice in VBA so it would probably take me forever to figure it out) to track the FIFO balance (First In-First Out) of items at any given point in time. I have attached a sample spreadsheet with the example and all the notes that might help figuring this out.
I want to stress that I'm not trying to calculate any cumulative balance or any FIFO pricing whatsoever; just separate tracking of the purchase balances at any point in time after varous sales using the FIFO balance.
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Jan 28, 2010
I'm trying to automate the calculation of my prepayment schedule. The linked image http://img402.imageshack.us/img402/2...mentqueryp.jpg shows the basic layout of how it will look. The yellow cells are going to be the only input cells but i'm unsure what formula will achieve the desired result i'm looking for across the remainder of the spreadsheet. Essentially I need the formula to look at the period (start and end dates) the invoice covers and apportion it correctly. The apportionment isn't a straight equal division per month though as it has to be calculated according to what element of the expenditure hasn't been realised yet.
For example in the car park rent line the figure of £8,000 in July is derived from the fact that that is how much hasn't effectively been incurred yet as it relates to the remainder of the invoiced period (Aug - Mar) and is calculated as 8/12 x £12000.
I hope you understand what i'm requesting, if not, let me know and i'll try to provide a better explanation.
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May 20, 2014
I am trying to make an accounting spreadsheet to be used with the game monopoly for my business students.
Each row I want to copy to a separate sheet within Excel.
For instance the row with the account title cash I want that to copy entire row to the cash worksheet. "go" revenue to the "go"revenue worksheet etc.
Date
Account
Debit
Credit
May 20
Cash
200
[Code] .......
Here are the sheets I set up to transfer to depending on the account title:
Cash
Properties
Acct.Pay. Monopoly Loan
"Go" Revenue
Rent Revenue
Misc. Revenue
Rent Expense
Misc. Expense
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Jun 26, 2014
I have formatted several cells with an Accounting style. However, the dollar sign doesn't show up until I click in the command line.
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Aug 15, 2013
I have a column of data that may or may not have a formula in them. The cells are formatted in Accounting, w/o the leading $ sign. (i.e. 133.57) The value zero shows up as a hyphen or dash.
The issue is the format of the cell. In that attached worksheet, i inserted two formulas in cell b6 and b7. Both formulas are exactly the same, but the formatting is different. One is in the accounting format, but the other is in general. When I run the code, only the general formatted cell gets found.
My real worksheet is in the accounting formatted code, so I don't want to change my worksheet's numbers into a general format. How I can find the zero value thats in an accounting format?
Below is a strip down version of the code.
VB:
Sub test()[COLOR=#333333]
[/COLOR] Dim rLookInADR As Range
Dim foundcell As Range
Set rLookInADR = Range("b1:b380")
Set foundcell = rLookInADR.Find(what:=0, LookIn:=xlValues, lookat:=xlWhole)
MsgBox (foundcell.Row)
End Sub
[COLOR=#333333][/COLOR]
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Dec 4, 2013
Looking for a way to correct what is going on with row 9. I need it to return either zero or empty, but also include the current formula.
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Jun 25, 2014
I just downloaded an income/expense template from Zillow to manage my rental properties. The template works great but it's only set up for 5 houses and I need more columns as I own more than 5. In the attached template the houses are listed by property codes and that is the column that I need to add to.
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Dec 4, 2008
IF B1 has a possible value ranging from 1 - 5, and IF the value in E1 is equal or great than 2,5,10,10,15 BUT 2,5,10,10,15 need to match to specific ranges set in B1 1=2, 2=5, ,3=10 ,4=10 ,5=15 THEN IF TRUE "WITHIN" IF FALSE "NEEDS UPDATE"
Got help earlier with this formula: =IF(AND(B1=1,E1<=5),"WITHIN","NEEDS UPDATE") :D Worked Great! This was my attempt at expand that formula:
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Jan 15, 2009
I am using Excel 2003. I am attempting to use the Accounting format with numbers that should not have any decimal places (although what is entered might have a decimal place). The numbers line up fine on the right, however, the dollar signs on the left are not lining up. It looks something like:
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Mar 26, 2009
i am doing some calculations using vba in excel, i need to know how to set the cell format to 'accounting' in vba ?
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Oct 31, 2013
I'm using this custom format
Code:
_-£* #,##0.00_-;[Red]_-£* #,##0.00_-;_-£* "-"??_-;_-@_-
How do I modify it so that if the value is 0.00 then 0.00 is showed and not the current "-"?
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