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Multi-State Sales Tax Computation
We sell products to about 20 states. I need to compute the sales tax for each
sale based on the state in which it is sold. I propose to set up a table -- Col A is 2-letter abreviation for state (eg, "MN") & col 2 is Tax Rate (eg,".065"). I then want the user to enter the state abreviation in, for example, D4, and have the correct rate appear in E4. How can I do this? (I'm a git of a beginner -- try to dumb down your answer for me, if you can.) Thanks!! Craig |
#2
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Multi-State Sales Tax Computation
Use the VLOOKUP function. For example,
=VLOOKUP(state_name,$A$1:$B$21,2,FALSE) where state_name is the state to lookup (either literal text in quotes or a cell reference, and A1:B21 is your list of states and respective tax rates. -- Cordially, Chip Pearson Microsoft MVP - Excel Pearson Software Consulting, LLC www.cpearson.com "CraigR53" wrote in message ... We sell products to about 20 states. I need to compute the sales tax for each sale based on the state in which it is sold. I propose to set up a table -- Col A is 2-letter abreviation for state (eg, "MN") & col 2 is Tax Rate (eg,".065"). I then want the user to enter the state abreviation in, for example, D4, and have the correct rate appear in E4. How can I do this? (I'm a git of a beginner -- try to dumb down your answer for me, if you can.) Thanks!! Craig |
#3
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Multi-State Sales Tax Computation
Checkout the VLOOKUP() function: exactly what you need.
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#4
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Multi-State Sales Tax Computation
Perfect, Chip! Thanks muchly!!!
Craig "Chip Pearson" wrote: Use the VLOOKUP function. For example, =VLOOKUP(state_name,$A$1:$B$21,2,FALSE) where state_name is the state to lookup (either literal text in quotes or a cell reference, and A1:B21 is your list of states and respective tax rates. -- Cordially, Chip Pearson Microsoft MVP - Excel Pearson Software Consulting, LLC www.cpearson.com "CraigR53" wrote in message ... We sell products to about 20 states. I need to compute the sales tax for each sale based on the state in which it is sold. I propose to set up a table -- Col A is 2-letter abreviation for state (eg, "MN") & col 2 is Tax Rate (eg,".065"). I then want the user to enter the state abreviation in, for example, D4, and have the correct rate appear in E4. How can I do this? (I'm a git of a beginner -- try to dumb down your answer for me, if you can.) Thanks!! Craig |
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