maybe
=if(left(b5,4)=2006,a4+1,"")
--
Don Guillett
SalesAid Software

"Rao Ratan Singh" wrote in message
...
Hi there,
I m keeping inventory record in excel sheet using my Item ID like this -
200600001 and so on by entering formula==IF(B50,A4+1,""). Presently 258
items i have entered in this finacial year and las ID number is 200600258.

But is there any way that for whole financial year 2006-07 it works in
this
manner 200600001 and son and as just as next financial 2007-08 comes and
what
product inventory falls in this new year it automatically starts from
200700001 and so on.

I hope for best simple formula.