First In First Out Function
By far the best advice I can give is buy Quicken or Money. For $40, either
one will take care of tracking all your lots of purchases. If you want
automation, it's the way to go.
Regards,
Fred.
"Sarah0824" wrote in message
...
I am trying to find a formula that will do the following.
Say I am buying and selling stocks.
On day 1, I buy 5 shares of ABC stock at $10 each.
On day 2, I buy 10 shares of ABC stock at $15 each.
On day 3, I buy 15 shares of ABC stock at $20 each.
On day 4, I sell 20 shares of ABC stock at $18 each.
What I need is a formula that will take the amount I sold (20 shares),
subtract out the first 5 shares I bought on day 1, then subtract the 10
shares I bought on day 2, and then only take 5 of the share bought on day
3
because that is all that is left.
I need this as automated as possible, but everytime I think I have it
figured out, the numbers don't work.
Any help would be more than appreciated!
|