Showing posts with label Excel spreadsheet. Show all posts
Showing posts with label Excel spreadsheet. Show all posts

Wednesday, January 5, 2011

Growing Up To Excel

Making jewelry is not just about making jewelry. By January 31, I must pay WA the sales tax I collected on their behalf during 2010. This process is not nearly as much fun as making jewelry!

I'm only marginally proficient at Excel spreadsheets, so for 5 years I've maintained a table for each year's sales data using Word. Word has been barely adequate for this purpose. SO...

I'm bracing to stumble up another learning curve- Excel! The syntax of formulas that make Excel such a powerful tool is my biggest challenge at the moment. I must say, I was rather proud of my first sophisticated Excel formula==>

=(IFERROR(F2/(1+H2),"Verify calc")

It determines the base price of an item sold, given (F2) its gross price including sales tax & (H2) the sales tax rate. Excel puts the result in the single cell I highlight (G2). If Excel encounters a problem, IFERRORS places my "Verify" string in cell (G2)instead. I "drag" the G2 cell down the column to perform the same operation on the matching F & H cells.

I think I might be "in like" with Excel, especially if next year, this is a whole lot easier!!