Column A has the total for each receipt.
Assuming a constant tax rate of 30%..........B1 has the formula
=IF(A1="","",A1*.7)
C1 has the formula
=IF(A1="","",A1*.3)
Copy both cells down using drag/copy on the fill handle.
In D1 enter =SUM(B:B)
In E1 enter =SUM(C:C)
Do not copy those down.
Gord Dibben MS Excel MVP
>iam needing to enter some gas receipt expenses into a colum but i need to
>enter the total amount of the receipt then i have to some how subtract the
>tax amount from that. anyone know what i need to do to? I have to seperate
>the two and have the two seperate coloums sum????Help. iam still learning....
MartinW - 11 Jan 2008 01:54 GMT
Wow! 30%! Is that a real world figure Gord?
We have a 10% Goods And Services Tax here
and I think that's pretty steep.
Regards
Martin
> Column A has the total for each receipt.
>
[quoted text clipped - 25 lines]
>>the two and have the two seperate coloums sum????Help. iam still
>>learning....