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Help with bank account formula

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    Help with bank account formula

    Hi, to start, i am not an expert, i know the basic of the basic, i've been building my spreadsheet by searching the internet, but i came to a dead stop, and i don't know how to search this on google.

    What i am trying to do is a spreadsheet that can keep up with my finances, the amount of money in my bank account, my income, my outcome and a money goal.

    i had to try an if function to hide the value if no data was showed, and that messed up all other functions that i had. I had a simple add the previous bank balance + the remaining value from (income - bills), but the if function made it so i can't use the previous value if no value is imputed.
    so now i am trying to find a solution for showing the current bank balance based on income and outcome, but i need it to be sequential.

    I attached a picture with what it used to be and what it is now, i hope it helps you understand what i need.

    Untitled.jpg

    basically what i need now, is on the line bank and goal, on every month, it will update the value based on the previous one, but since the function if won't let it do that, i don't know what else to try.

    Thank you.
    PFC Carlson, Christian
    US Army
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    Last edited by ChrisCarlson; 04-06-2013 at 12:29 PM.

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    Re: Help with bank account formula

    can you post an example spreadsheet - the image is difficult to see

    with explanation of outcome required and cells involved

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    Re: Help with bank account formula

    Goals.xlsx

    This is the acctual spreadsheet, i hope it helps better then the image

    thank you

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    Re: Help with bank account formula

    no idea what happened to the format - but I copied into a new sheet and seems to have worked the values

    so now the formulas are working - what do you need to do - be specific as possible
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    Re: Help with bank account formula

    Quote Originally Posted by etaf View Post
    no idea what happened to the format - but I copied into a new sheet and seems to have worked the values

    so now the formulas are working - what do you need to do - be specific as possible

    Ok, what i want to do since the if function for the bank doesn't allow me to use the previous one if no value is added, is be able to update and preview a future bank balance based on the next months income plus the previous month income. Does it make any sense?

    So, lets say i have nothing on the bank cell for the month of april, but starting on the month of may, i want the sheet to calculate my future balance based on the month of april (which would be the amount in cell b1), plus the "remaining" cell of the month of may, and so on until you reach the month of december.

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    Re: Help with bank account formula

    sorry , i dont follow

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    Re: Help with bank account formula

    Quote Originally Posted by etaf View Post
    sorry , i dont follow
    Ok, let me try and explain myself again,

    You see cell b1, and all of line 17, they are related, so everything i type in cell b1, i want it to be updated on line 17.

    so pretty much the math i want to be done is, c17=(b1+c15), d17=(c17+d15), e17=(d17+e15), all across line 17. the problem i ran into is
    that with the if function, if there is nothing on column C, then from column D and beyond it will return a #value. so i want to be able to do that simple math, while having that if function (which makes it so that if there is no value on that column it will return blank instead of $0.00).

    Thanks.
    Last edited by ChrisCarlson; 04-07-2013 at 11:50 AM.

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    Re: Help with bank account formula

    that appears to be what you have

    in cell C17 its blank ?

    column 15, then from column 16
    do you mean ROW ?

    if you are getting
    #value
    then you can use
    IFERROR or ISERROR to manage those errors
    http://office.microsoft.com/en-gb/ex...001231765.aspx
    http://www.techonthenet.com/excel/formulas/iserror.php

    if you use $B$1 that will fix the cell and so you can copy formulas without that reference changing
    c17=($b$1+c15)

    IFERROR(($b$1+c15),"")

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    Re: Help with bank account formula

    Quote Originally Posted by etaf View Post
    that appears to be what you have

    in cell C17 its blank ?

    do you mean ROW ?

    if you are getting
    #value
    then you can use
    IFERROR or ISERROR to manage those errors
    http://office.microsoft.com/en-gb/ex...001231765.aspx
    http://www.techonthenet.com/excel/formulas/iserror.php

    if you use $B$1 that will fix the cell and so you can copy formulas without that reference changing
    c17=($b$1+c15)

    IFERROR(($b$1+c15),"")
    Right, cell c17 it's showing blank because of the IF function, if i remove that and there is no values above it, it will return with $0.00, which i do not want.
    And i meant column C and column D, i corrected my error there, sorry.

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    Re: Help with bank account formula

    do not use the + sign in the sum - that will give errors

    use
    =SUM(B1,C15)

    then you will get B1 value , even if C15 is blank - is that what you wanted

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    Re: Help with bank account formula

    Quote Originally Posted by etaf View Post
    do not use the + sign in the sum - that will give errors

    use
    =SUM(B1,C15)

    then you will get B1 value , even if C15 is blank - is that what you wanted
    Ok, i did this new sheet based on what i want, this is how i had it when i began.
    what i want this spreadsheet to do now is not show the values $0.00 when nothing is inserted.

    i was able to do it before using the function IF, but it messed up the rest of the formulas, so now i came back to what i had to see if someone can find a easier way to fix this problem.

    it seems like such an easy solution, but i can't get my head around it.

    thanks.
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    Re: Help with bank account formula

    i have used a combination of
    =Sum(cell,cell)

    where numbers subtract, i have used
    iferror(calc),"")

    and for ranges addition , i have used
    if(cell=0, "", calc)

    see attached
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    Re: Help with bank account formula

    Quote Originally Posted by etaf View Post
    i have used a combination of
    =Sum(cell,cell)

    where numbers subtract, i have used
    iferror(calc),"")

    and for ranges addition , i have used
    if(cell=0, "", calc)

    see attached
    I don't know if in yours it kept showing #name? But it is showing on mine and the formulas are not doing what they were supposed to. They are not working anymore. I appreciate the help, can you think of something else?

    Thank you.

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    Re: Help with bank account formula

    can you show the spreadsheet - you would need to replace the cells and calc with the actual values

    I don't know if in yours it kept showing #name?
    did you look at the attached spreadsheet and the formulas I used throughout , and you will see they all worked OK without #name error

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    Re: Help with bank account formula

    if you just want all zeros to NOT be displayed
    there is an option in excel to do that

    goto options
    Advanced

    look for

    Show a Zero in cells that have a zero value

    and uncheck

    that will stop zeros being displayed

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    Re: Help with bank account formula

    Quote Originally Posted by etaf View Post
    if you just want all zeros to NOT be displayed
    there is an option in excel to do that

    goto options
    Advanced

    look for

    Show a Zero in cells that have a zero value

    and uncheck

    that will stop zeros being displayed
    Wow, was it really that simple? Thanks man. That is exactly what I was looking for.

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    Re: Help with bank account formula

    your welcome, glad i remembered the setting...

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