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Channel: Chandoo.org - Learn Excel & Charting Online - Forums Topic: how to get profit as per fifo method?
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mahaveer on "how to get profit as per fifo method?"

i want to put a formula in attached file for calculation of profit as per First in First out method...(FIFO) method...if is there any vba module you can provide me then also i can manage that one...any...

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Hui on "how to get profit as per fifo method?"

MahaveerCan you please explain how you arrived at $2000 profit?

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Shaun on "how to get profit as per fifo method?"

Hi mahaveerLooking at your spreadsheet, should your profit not be $2,050.00? Perhaps I have missed something also Hui?Sales: 22/04/2012 20 @ $350 = $7,000Cost of product: 01/04/2012 10 @ $250 = $2,500...

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Hui on "how to get profit as per fifo method?"

MahaveerIf the answer should be $1,850 which is the profit up to and including the last sale use: =SUMPRODUCT((A$3:A6<=MAX($F$3:$F6))*(E$3:E6)-(F$3:F6<=MAX($F$3:$F6))*(I$3:I6))Otherwise Please...

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NARAYANK991 on "how to get profit as per fifo method?"

Hi Mahaveer ,If you don't mind using VBA , try this :Public Sub Calculate_FIFO_Profit() Dim Purchase_Qty As Variant, Purchase_Rate As Variant, Selling_Qty As Variant, Selling_Rate As Variant Dim...

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shrivallabha on "how to get profit as per fifo method?"

Cross post:http://www.vbaexpress.com/forum/showthread.php?p=286558#post286558Please provide cross posting reference while doing so!

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mahaveer on "how to get profit as per fifo method?"

thank you very much narayank....really awesome vba code...........much much thanks dear.......its really useful for me......

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Hui on "how to get profit as per fifo method?"

MahaveerCan you tell us how you arrived at 2000?

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Faseeh on "how to get profit as per fifo method?"

@ Hui,It seems it should be 2050!=(350*20+250*15)-(250*10+300*12+200*13)Regards,

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mahaveer on "how to get profit as per fifo method?"

@ Hui,I M really so sorry sir, actually answer will be 2050...i had mistake in manual totaling....but here all are excel experts....they can read from my brain..what i want....so thanks to all...

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