Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Posted to microsoft.public.excel.misc
external usenet poster
 
Posts: 2,389
Default circular error problem for vat calc

Although it's possible to do with VBA, if you're a basic Excel user, my
advice is to avoid it. It won't be easy to proram or maintain.

If you don't want to use an extra cell, why not enter a formula when you
have a VAT-in price. It's just as acceptable in Excel to enter "=117/1.175"
(without the quotes) as "100". This will be the simplest, and gives you an
audit trail in case you make a data entry error.

Regards,
Fred.



"Steve" wrote in message
...
Let me try to explain....

I get a receipt which has the gross amount on it which I will need in a
'totals' column, I also want the net value in one of about eight columns
that
describe what the receipt was for ie. fuel, postage, materials etc. If I
put
the gross amount in the totals column, I cant see a way of having a
formula
to calculate it net of vat in just one of the other columns. Therefore, I
want to put the gross amount in the net column and for it to be changed to
net, the totals column would then be able to add the vat back on.
I am basically trying to save myself the time calculating the amount less
vat before I put it into the table, not the end of the world if I cant but
not unnecessary.

I hope this makes sense, I dont want to start adding columns that don't
make
any sense to whoever I present it to. I do appreciate your help, I only
know
the real basics of excel but thought there may be a simple solution to the
problem.

"smartin" wrote:

Ok but you said in another column you will be calculating inclusive of
VAT, so you are already using two cells and doing a calculation on each
item. What's the difference? Other than you want to add an additional,
unnecessary calculation?

I'm not trying to be stubborn here, I just don't understand the purpose
of backing into a number you've already backed out of. That is, apropos
to your title, quite circular indeed.

Plus, there is some inherent risk in modifying user input on the fly
when best practice would suggest letting that input stand on its own
merits and making modifications elsewhere to achieve the objective. But
that's just me.

Steve wrote:
You are correct with your understanding, but in the table I am trying
to
create, I want it in the same cell and not in another as you suggest. I
have
a series of columns with different headings that I want the amount in
less
the VAT. I have to put that in first and then it will be calculated in
a
totals column inclusive of VAT. As I would have the figures inc. VAT it
would
save me the time calculating the - VAT before I put it. If I use a
different
cell I would have twice as many and it wouldn't make any sense. I hope
this
explains it, I know it it is not a common thing to do, thats why I need
help
:)

"smartin" wrote:

Steve wrote:
Hi, I want to be able to put a figure in a cell that is inclusive of
VAT and
for it to then become the amount less VAT at 17.5 %. ie if I put in
box A6
117.5 I want it to become 100. I know the sum is (A6)/1.175 but it
gives a
circular reference error. I tried doing what the help said and
ticking the
iteration box but it didnt seem to help. Is there any way of doing
this?
Hi Steve,

Let me make sure I understand the dilemma: You want to type 117.5 in
A6
and this cell will then somehow morph to a value of 100?

Perhaps this is possible with VBA code, but why? Why not enter a value
inclusive of VAT in A6 and then calculate the value exclusive of VAT
in
a new cell as =A6/1.175 ?



Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Circular Reference Error The Narcissist Excel Worksheet Functions 1 September 13th 08 03:14 AM
circular error gavin New Users to Excel 7 February 1st 08 08:57 PM
Circular Reference Error Even Though There Is No C.R. Excelenator Excel Worksheet Functions 0 July 25th 06 07:42 PM
Circular reference error Rick Excel Discussion (Misc queries) 1 October 5th 05 08:45 PM
Turning off Circular Error Help eider Excel Discussion (Misc queries) 2 July 28th 05 11:06 PM


All times are GMT +1. The time now is 08:56 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"