Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Excel quick question? Percentages & VAT?

  • 21-12-2008 2:57pm
    #1
    mumhaabu
    Closed Accounts Posts: 1,031 ✭✭✭


    I'm using Excel 2000 and have a lot of numbers (prices) that I need to update what I need to do is to figure out what is the percentage of a number.

    e.g. 300 minus 21.5% is 235.5 leaving 64.5 as the amount of VAT and I need a formula to be able to figure out what is the vat on each number


    Thanks a million if you can help! not used to excel as the office girl is on Christmas Break!

    Any help would be great


Comments

  • #2
    Thomas_S_Hunterson
    Closed Accounts Posts: 6,151 ✭✭✭Thomas_S_Hunterson


    mumhaabu wrote: »
    I'm using Excel 2000 and have a lot of numbers (prices) that I need to update what I need to do is to figure out what is the percentage of a number.

    e.g. 300 minus 21.5% is 235.5 leaving 64.5 as the amount of VAT and I need a formula to be able to figure out what is the vat on each number


    Thanks a million if you can help! not used to excel as the office girl is on Christmas Break!

    Any help would be great

    The vat is calculated as a percentage of the before-vat price! The price you are dealing with is the price inclusive of VAT

    You have to divide by 121.5 ( to get 1 percent of the base price) and multiply by 21.5 to get the amount of VAT paid or multiply by 100 to get the price without VAT.


  • #3
    Thomas_S_Hunterson
    Closed Accounts Posts: 6,151 ✭✭✭Thomas_S_Hunterson


    as for a formula, if the VAT Inclusive prices are in the A column, the formula for the amount of VAT would be =(A1*21.5/121.5)


Advertisement