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MS Office Forum / Excel / New Users / February 2008P&L Depreciation Calc Problem
Hi-- Just downloaded the ProfitandLossStatement.xls template and am using it on a Mac (sorry!). So we depreciate about 35,000 worth of computers purchased in 2004, and I thought we report every quarter. The depreciation comes out to 1758 per quarter. At least, that's what I've calculated it to be. So I put 1758 in the Prior Period column, and 1758 in the Current Period column. But my calculation under % Change from Prior Period says "FALSE"! The calculation there is: =C50+C50+F48=IF(D50=0,"-",D50/B50-1) So, my questions are, should I actually be reporting depreciation each quarter? And, of course, if the figures are the same each period, why is the calc reporting FALSE? Obviously, I can't send it out like this. Anyone? Thanks! All My Best, Jeffrey You certainly don't need to apologize for using a Mac). Don't know where you downloaded the template from, but the formula you list is designed to return either TRUE or FALSE, since there's an = sign after F48. The formula compares the result of C50+C50+F48 with the result of the IF() function. > Hi-- > [quoted text clipped - 24 lines] > All My Best, > Jeffrey > You certainly don't need to apologize for using a Mac). Heh, thanks ;) > Don't know where you downloaded the template from, Got it From MS. Or at least, its the same template you get from them on a PC but it has to be unpacked on a PC. So here's the direct link: http://download.microsoft.com/download/3/3/2/332d3f0d-5858-460f-9c73-e2987ed 1a03a//ProfitandLossStatement.xlt > but the formula you > list is designed to return either TRUE or FALSE, since there's an [quoted text clipped - 8 lines] > > with the result of the IF() function. Right. I redownloaded the original and checked. I obviously had screwed up the calc somehow, and just replaced it with the original. =IF($D$16=0,"-",D50/$D$16) Looks like I selected the calc and a bunch of other fields. Now all is well. All My Best, Jeffrey >> Hi-- >> [quoted text clipped - 24 lines] >> All My Best, >> Jeffrey |
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