I came across the solution to this post - [URL] ..... - and was just wondering how to adjust the formula so that it calculates the correct tax starting from the net amount.
Say for example, an employee is paid a fixed, after-tax salary amount, and the employer is responsible for covering the tax - the salary payment needs to be "grossed-up" to calculate the correct amount of tax.
With 'tax brackets' as follows:
Taxable incomeTax on income (2011 – 2012)Tax rate $0 – $6,000Nil0% $6,001 – $37,00015c for each $1 over $6,00015% $37,001 – $80,000$4,650 plus 30c for each $1 over $37,00030% $80,001 – $180,000$17,550 plus 37c for each $1 over $80,00037% Over $180,000$54,550 plus 45c for each $1 over $180,00045%
The formula to calculate tax, starting from the gross amount, is:
know while doing paste special whether we can copy the data in reverse manner instead of regular pattern. Here, I would like to explain my query in detail.
As you all aware that we use paste special command for multipurpose requirements such as breaking the links/transpose etc. But, here I need to copy the data from last row figure as first in the same context first one as final.
Ex: if Data is 123456 and if we paste the data by using paste special, data will be same may be in in row /column. Here, I wanted to copy the data as 654311 which means reverse. Hence, kindly guide me whether is there any command/formula for doing the same.
I am using Excel 2003. Looking for a way to find out whether some data I want to delete in a sheet is used by a formula somewhere else within the file. Is there a way to check that? In other words, I have the number 500 in A1, and I want to delete it, but I don't know whether it will impact a calculation on another sheet that involves that value in A1.
I am trying to write a formula to reverse data in a cell. Basically I am converting a number to hex then I want to take that hex string and reverse it. So it would be something like this my original number is 400001001 my hex number would be 17D787E9 because I am only allowing it to show 8 characters. I want to reverse the 17D787E9 to read 9E787D71.
My question is: How can I reverse that cell? I have searched google and this forum and can't seem to figure it out. I am sure I could do it in VB but I don't know any VB code.
I have a very large spreadsheet which holds a lot of data, and has a custom reports system built into it, (i.e. running on a load of macro's)... The reports gather their info from a range of hidden cells which run different formula's to provide such results as 1 or 0 so that it collates into another sheet...
however, I have found recently that when I need to update any of the formula's and whatnot, the formula does the calculation and then disappears... whereas I need the formula to be there constantly so that the report is providing the correct information!
I am trying to calculate the present value of a terminal period in Excel. The manual calculation and excel PV function are off by about $98,000. Both calculations are using the same capitalization rate and terminal life. My PV Excel formula is as follows: =PV(discount rate-growth rate,remaining term (years),-terminal cash flow,,0)*present value factor in last year of cash flow) What is causing the difference in values? Is there something in the Excel formula that is causing the difference?
I am trying to calculate the response time between when a phone call comes into my workplace and when the responder calls back...I have created a formula that does this using the times and dates of when the calls were recieved and went back out. This works except when the call comes in on one day and goes back later in the day the next day, making the response time larger than 24 hours. I also have it set up to eliminate 15 and a half hours from the calculation because our place of business is not open during this time. Further details....
The formula currently being used is... =IF(G50=E50, H50-F50+(H50
I am putting together a formula that will be able to choose the calculation. There is a couple of choices with the spreadsheet registry, non registry, and interfile. They have different standards per hour 56, 40 and so on. What I have so far is not working. It is =volume/(time*standard),Volume/(time*standard) with each standard being different to bring the correct percentage. How can I put the two to three formulas in one cell
I have a simple calculation - Say 0-6. What i need to do is, if the value is <7 place a 10 in the cell, or if the the value is <12 place a 5 in the cell, or, lastly if the value is <21.5 place a 0 in the cell. Is this at all possible - as i can only do it with conditional formatting using colours at present
if i could get a hand creating a commission calculation.. here is what i'm looking for and my brain hurts trying to make it... I put in excel an employees gross fees for a month,, their commission calculation is based on the following scheudule, for which i'd love an easy calculation, function, code etc. for..
There has to be a way to make this more simple. I want to add upp a simple calculation more or less in infinity =SUM(($D$1*D6)+($D$1*E6)+($D$1*F6)+($D$1*G6)+($D$1*H6)+($D$1*I6)+($D$1*J6)+($D$1*K6) .. etc etc..
1. In neighborhoods that have zero units in a given price range I have it to display "-" , because this unit is not actually zero, the data is not available. Therefore a #VALUE! is displayed for the percent because it cannot calculate the "-". How do I get excel to glance over "-" and flag it for no calculation?
2. For the percentages I am having to manually do them row by row. I would like to set it up in a manner that allows me to copy the formula down by column and across by row correctly.
For instance in the percent for Mira Lagos I have =B4/N3 where b4 is the units for mira lagos and n3 is the total. I can drag that formula across by rowto get all the correct percentages for mira lagos price ranges only, but I cannot copy this formula down by column to any of the other neighborhoods. In otherwords I have to do a new formula for each subdivision. e.g.
Grand Peninsula=B5/N3 Meadow Glen(Mansfield)=B6/N3 ...etc
Again I would like to make it so I can copy the formula across by row and down by column so excel will automatically compute it.
"One" represents the total that needs to be paid and "Two" represents the payments.
What I want to do is recognise when "One" is present and deduct "two" from that amount, but the whole spreadsheet is never the same (the data is being pasted from somewhere else) so it's really, really difficult to do that.
So I want to do =1000-500 (for that period, so in D2 it should say 500) and then =1500-400-300 (for the other period so in D5 it should say 800).
NB: Any payment ("two") that comes in after the 17th of the month will be carried forward to the next months "one".
I get a "#value" error message when I utilize the formula noted below. I seperated it into distinct sections so that it is easier to view. Basically, what the formula is doing is determining whether if two values are the same, then take the absolute difference of the average of other values ,excluding one of the previously noted values, and compare that difference to a different parameter. If the difference does not exceed the parameter, then calculate the difference; otherwise the ending result is zero. Pls. note that the error seems to occur when I input the fifth section into the formula.
I need to locate/write a formula that can calculate the declining balance on revolving interest loans, such as a credit card. The formula needs to calculate the number of remaining monthly payments based on a stated interest rate and payment amount (i.e., present balance $2000, annual interest rate 18.99%, payment $60 per month). And then, if possible, the formula also needs to translate the answer into a definite Month and Year going forward from today's date (or calculated in another cell of the worksheet for display).
In essence the formula would begin as
(2000 + (2000 * (.1899/365)) * 30) - 60 =
then repeat the calculation using the answer above, and so on, until the original principal amount had declined to $0, and finally count the number of months it do to get there. This is essentially a mortgage type of calculation.
I know I could write the formula repeatdly one month at a time across a few hundred/thousand cells, but there must be a more economical way to do so.
i'm sure this seems simple, but i just can't get it because if for instance their first gross fee is $12,000, i don't know how to have it calculate the first $10,000 at 60% and the last $2,000 at 65%. any help is greatly appreciated..
ps.. my excel sheet is set up as follows: Rows a-g (stuff that is irrelivant) row h, gross fees row i, commission (in dollars)