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#1
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Amazon calculations
No experience with Amazon accounting at all, so this is in the way of a
guess. But I have had to deal with Excel being used to perform calculations and having to deal with similar minor differences in calculation between its results and those from an accounting program. We found that using Precision as Displayed cured the problem. That is set using Tools | Options | and a check on the [Calculation] tab. "Richard Wrigley" wrote: Gretings from Norfolk (UK) I have just found this group, so may be asking a question previously answered. I am trying to set up n excel spread sheet for a friend for her sale of books on Amazon. Does anybody know the way Amazon calculate their fees and VAT - I know the percentages and deducted amounts, but every time I try I get errors between their figures and my calculated values of + or - 1 penny. I have tried various rounding techniques, but to no avail Any help would be appreciated. -- Richard. "I have yet to see any problem, however complicated, which when looked at in the right way, did not become still more complicated" Poul Anderson |
#2
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Amazon calculations
JLatham, I was reading your response and tried your suggestion on a blank
workbook. I got a message saying "Data will permanently lose accuracy". What is this about? Les "JLatham" wrote: No experience with Amazon accounting at all, so this is in the way of a guess. But I have had to deal with Excel being used to perform calculations and having to deal with similar minor differences in calculation between its results and those from an accounting program. We found that using Precision as Displayed cured the problem. That is set using Tools | Options | and a check on the [Calculation] tab. "Richard Wrigley" wrote: Gretings from Norfolk (UK) I have just found this group, so may be asking a question previously answered. I am trying to set up n excel spread sheet for a friend for her sale of books on Amazon. Does anybody know the way Amazon calculate their fees and VAT - I know the percentages and deducted amounts, but every time I try I get errors between their figures and my calculated values of + or - 1 penny. I have tried various rounding techniques, but to no avail Any help would be appreciated. -- Richard. "I have yet to see any problem, however complicated, which when looked at in the right way, did not become still more complicated" Poul Anderson |
#3
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Amazon calculations
"Precision as displayed" means that a cell showing $1.51 will equal exactly
$1.51, not $1.51211231232. The "accuracy" you lose by using this option is probably irrelevant for accounting, but not for calculations which require more precisions; i.e., engineering or scientific measurements. Dave -- Brevity is the soul of wit. "WLMPilot" wrote: JLatham, I was reading your response and tried your suggestion on a blank workbook. I got a message saying "Data will permanently lose accuracy". What is this about? Les "JLatham" wrote: No experience with Amazon accounting at all, so this is in the way of a guess. But I have had to deal with Excel being used to perform calculations and having to deal with similar minor differences in calculation between its results and those from an accounting program. We found that using Precision as Displayed cured the problem. That is set using Tools | Options | and a check on the [Calculation] tab. "Richard Wrigley" wrote: Gretings from Norfolk (UK) I have just found this group, so may be asking a question previously answered. I am trying to set up n excel spread sheet for a friend for her sale of books on Amazon. Does anybody know the way Amazon calculate their fees and VAT - I know the percentages and deducted amounts, but every time I try I get errors between their figures and my calculated values of + or - 1 penny. I have tried various rounding techniques, but to no avail Any help would be appreciated. -- Richard. "I have yet to see any problem, however complicated, which when looked at in the right way, did not become still more complicated" Poul Anderson |
#4
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Amazon calculations
Gretings from Norfolk (UK)
I have just found this group, so may be asking a question previously answered. I am trying to set up n excel spread sheet for a friend for her sale of books on Amazon. Does anybody know the way Amazon calculate their fees and VAT - I know the percentages and deducted amounts, but every time I try I get errors between their figures and my calculated values of + or - 1 penny. I have tried various rounding techniques, but to no avail Any help would be appreciated. -- Richard. "I have yet to see any problem, however complicated, which when looked at in the right way, did not become still more complicated" Poul Anderson |
#5
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Amazon calculations
It is as Dave F has explained - all of the digits beyond what you currently
have displayed are truncated. In our situation we made sure everything was set to display 2 digits to the right of the decimal and switched over. This brought Excel's calculations in line with those of our Deltek accounting system software's results. Since we were dealing with accounting, and in theory there are no digits beyond the 2nd decimal place, the 'loss of accuracy' was a non player. It would definitely be a factor in doing precision calculations in fields other than accounting. "WLMPilot" wrote: JLatham, I was reading your response and tried your suggestion on a blank workbook. I got a message saying "Data will permanently lose accuracy". What is this about? Les "JLatham" wrote: No experience with Amazon accounting at all, so this is in the way of a guess. But I have had to deal with Excel being used to perform calculations and having to deal with similar minor differences in calculation between its results and those from an accounting program. We found that using Precision as Displayed cured the problem. That is set using Tools | Options | and a check on the [Calculation] tab. "Richard Wrigley" wrote: Gretings from Norfolk (UK) I have just found this group, so may be asking a question previously answered. I am trying to set up n excel spread sheet for a friend for her sale of books on Amazon. Does anybody know the way Amazon calculate their fees and VAT - I know the percentages and deducted amounts, but every time I try I get errors between their figures and my calculated values of + or - 1 penny. I have tried various rounding techniques, but to no avail Any help would be appreciated. -- Richard. "I have yet to see any problem, however complicated, which when looked at in the right way, did not become still more complicated" Poul Anderson |
#6
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Amazon calculations
Why not use the ROUND function to control this.
I believe the Precision as Displayed method affect all worksheets you open thereafter until you reset the option; this could cause problems. best wishes -- Bernard V Liengme www.stfx.ca/people/bliengme remove caps from email "JLatham" <HelpFrom @ Jlathamsite.com.(removethis) wrote in message ... No experience with Amazon accounting at all, so this is in the way of a guess. But I have had to deal with Excel being used to perform calculations and having to deal with similar minor differences in calculation between its results and those from an accounting program. We found that using Precision as Displayed cured the problem. That is set using Tools | Options | and a check on the [Calculation] tab. "Richard Wrigley" wrote: Gretings from Norfolk (UK) I have just found this group, so may be asking a question previously answered. I am trying to set up n excel spread sheet for a friend for her sale of books on Amazon. Does anybody know the way Amazon calculate their fees and VAT - I know the percentages and deducted amounts, but every time I try I get errors between their figures and my calculated values of + or - 1 penny. I have tried various rounding techniques, but to no avail Any help would be appreciated. -- Richard. "I have yet to see any problem, however complicated, which when looked at in the right way, did not become still more complicated" Poul Anderson |
#7
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Amazon calculations
Greetings from Norfolk
Have used the ROUND functions in MANY combinations, ROUNDUP, ROUND & ROUNDDOWN, with varying accuracies - 2, 3, 4, 6 - none cure the problem with Amazon accounts. Whilst the errors are small - 1 p, when summed they become significant. -- Richard. "I have yet to see any problem, however complicated, which when looked at in the right way, did not become still more complicated" Poul Anderson |
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