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dollar amount versus Time
Hello,
Could anyone help me out with this? I have two columns, one calculates the amount of time spent from a "time in" column and a "time out" column. The other column calculates the amount of money made (or lost) from a starting balance to an ending balance. I am trying to get another column to calculate $/Hr. I can't get it to work for some reason. Also, when I try to add up the total amount of time in the "total time" column, it'll only add a few cells correctly...anymore than 5 cells it won't report anything. Any advice would be greatly appreciated. Sincerely, Ray |
dollar amount versus Time
Hi Ray,
=A1*A2*24 (since times are stored as fractions of a day so 1 means 24 hrs and 1 hr is stored as 1/24th. To add times, format the total as Custom, [h]:mm. This avoids "topping over" at 24 hrs. -- Kind regards, Niek Otten "Webitect" wrote in message ... Hello, Could anyone help me out with this? I have two columns, one calculates the amount of time spent from a "time in" column and a "time out" column. The other column calculates the amount of money made (or lost) from a starting balance to an ending balance. I am trying to get another column to calculate $/Hr. I can't get it to work for some reason. Also, when I try to add up the total amount of time in the "total time" column, it'll only add a few cells correctly...anymore than 5 cells it won't report anything. Any advice would be greatly appreciated. Sincerely, Ray |
dollar amount versus Time
You need to make the time into decimal time, e.g.
Assume you have 12:30 in A1, since one excel hour is 1/24 (1 = one day in excel) so you need to multiply the time with 24 first, same as if you want a total of hours multiplied by a payrate =A1*24 or =amount/(A1*24) or =round(amount/(A1*24),2) rounded to the nearest cent note that you must format the result as general, number or currency or else Excel tries to be helpful and sensing a time value will format result as time (stupid really) -- Regards, Peo Sjoblom Northwest Excel Solutions www.nwexcelsolutions.com (remove ^^ from email address) Portland, Oregon "Webitect" wrote in message ... Hello, Could anyone help me out with this? I have two columns, one calculates the amount of time spent from a "time in" column and a "time out" column. The other column calculates the amount of money made (or lost) from a starting balance to an ending balance. I am trying to get another column to calculate $/Hr. I can't get it to work for some reason. Also, when I try to add up the total amount of time in the "total time" column, it'll only add a few cells correctly...anymore than 5 cells it won't report anything. Any advice would be greatly appreciated. Sincerely, Ray |
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