I am trying to build a formula on an excel spreadsheet?
My budget is 1000.00 and I have paid out 590 I want a cell to show me what percentage I have to completion within a range of 0%-100%
Any assistance would be helpful
Answer:
Assuming budget is in A1 and paid out is in A2.
=1-(A2/A1)
Format cell as percent.
This formula will show you the percentage of the budget used so far. If the figure is overbudget, it will say "Overbudget."
In Cell B4, enter 590 (your costs so far)
In Cell B7, enter 1000 (your budget)
Then type this formula in a cell somewhere:
=IF(B4<=B7,B4/B7,"Overbudget")
PS Don't forget to format this cell as a percentage "%"
See if this works for you.
Cheers
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