Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
Webitect
 
Posts: n/a
Default 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


  #2   Report Post  
Posted to microsoft.public.excel.worksheet.functions
Niek Otten
 
Posts: n/a
Default 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



  #3   Report Post  
Posted to microsoft.public.excel.worksheet.functions
Peo Sjoblom
 
Posts: n/a
Default 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


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
What is the formula for rounding a dollar amount to the nearest ni JeriSys New Users to Excel 5 December 22nd 05 06:54 PM
multiply hours/minutes times dollars for total dollar amount Anakin0303 Excel Discussion (Misc queries) 1 December 12th 05 06:43 PM
Show timesheet time in and out in regular time versus military tim John Excel Worksheet Functions 1 November 11th 05 05:14 AM
Cenvert dollar amount into words Edwin Excel Worksheet Functions 1 September 7th 05 03:35 AM
when i enter a dollar amount of 18.40 into excel it drops the 0 acsnett New Users to Excel 3 August 22nd 05 06:05 PM


All times are GMT +1. The time now is 04:13 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"