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Looking to build a running balance spreadsheet

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  1. #1
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    Looking to build a running balance spreadsheet

    Hey folks!

    I've been out of the excel game for the past 6 years (a long time when you're 27!) and am trying to do something I'm utterly convinced would have taken me seconds back in my day, but now I'm totally bamboozled.

    I'd like to make a quick reference sheet for accounts, tracking only the running balance in the account (I'll have detailed records showing how to get to that number if necessary, so I only need to have excel recall the final amount.)

    How I'd like it to work would be three cells (A1, A2, A3). A1 and A2 are blank, to have Deposits and Withdraws (respectively) entered. A3 would be the balance.

    Ideally, you'd enter a deposit into A1 (say, $200), it would disappear, and A3 would be increase by $200 ($100->$300). Then enter a withdraw into A2 (say, $150), it disappears from the cell and A3 is reduced by $150 ($300->$150). Hopefully this is making sense to someone.

    Any thoughts? I'm fumbling around blind, feeling as if I've never used this program before >.<

  2. #2
    Administrator FDibbins's Avatar
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    Re: Looking to build a running balance spreadsheet

    Hi, welcome to the forum

    Just to make sure I understand...

    you enter 200 in A1
    C3 shows 300 - previos 100 + current 200
    you remove the value from A1 - A1 now is empty
    C3 still shows 300
    etc

    If that is what you want, that cannot be done with formulas, you would need to use VBA (coding) for that
    1. Use code tags for VBA. [code] Your Code [/code] (or use the # button)
    2. If your question is resolved, mark it SOLVED using the thread tools
    3. Click on the star if you think someone helped you

    Regards
    Ford

  3. #3
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    Re: Looking to build a running balance spreadsheet

    This concept is similar to having database which can be done in Excel if you keep a record of all the transaction.
    1. You build a separate sheet with all your transactions with a label for Debit and Credits.
    2. On your [Summary] page, you just calculation your balance based on Debit and Credits.

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