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Stock Income Expense Formulas

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8 views

Stock Income Expense Formulas

Uploaded by

shaochan9999
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Stock Income Expense Formulas

stock Management + income + expense formula

GPT
Managing stock, income, and expenses in Excel requires creating formulas to track stock quantities,
calculate income, and monitor expenses. Here's how you can structure your spreadsheet and formulas
to handle these tasks effectively:

Stock Management

Columns:

Item Name: Names of the products.


Opening Stock: Initial stock quantity.
Stock Added: New stock received.
Stock Sold: Stock sold.
Closing Stock: Remaining stock.

Formula for Closing Stock:

excel

=OpeningStock + StockAdded - StockSold

If your columns are A (Item Name), B (Opening Stock), C (Stock Added), D (Stock Sold), and E (Closing
Stock):

excel

=B2+C2-D2

Income Management

Columns:

Date: Date of sale.


Item Sold: Product sold.
Quantity Sold: Units sold.
Price per Unit: Selling price per unit.
Total Income: Income from the sale.

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Formula for Total Income:

excel

=QuantitySold * PricePerUnit

If your columns are A (Date), B (Item Sold), C (Quantity Sold), D (Price per Unit), and E (Total Income):

excel

=C2*D2

Expense Management

Columns:

Date: Date of expense.


Expense Description: Nature of expense (e.g., rent, utilities).
Expense Amount: Amount spent.

No formula is necessary for input data. However, to calculate the total expenses:

excel

=SUM(ExpenseAmountColumn)

If your expense amounts are in Column C:

excel

=SUM(C2:C100)

Summary Dashboard

You can create a summary to track:

Total Income:

excel

=SUM(TotalIncomeColumn)

Total Expenses:

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excel

=SUM(ExpenseAmountColumn)

Net Profit/Loss:

excel

=TotalIncome - TotalExpenses

If Income is in Column E and Expenses in Column G:

excel

=SUM(E2:E100) - SUM(G2:G100)

Optional: Automation with Conditional Formatting

Highlight low stock: Use conditional formatting to color stocks below a threshold. Formula for
conditional formatting:

excel

=ClosingStock < Threshold

Highlight net loss:

excel

=NetProfit < 0

Would you like a template for this system or more details on a specific part?

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