Formula to get reduced value

Ravi K

Hello Expert here,

New to SS. I need help on the formula that can derive the value of license with every entry.

Eg: I have 5 license(A/B/C/D/E) with each $10,00 value and every time I make an entry let say of $100 of any random license number how can i get initial license value- the closing value.

Kindly refer to below

License number Debit value Balance license value

1) License A- $50 950

2) License B- $100 900

3) License A- $100 850(Opening lice value- current debit entry)

4) License B- $100 800

so on with multiple license

KPH

I would set up the sheet with some extra columns to hold the running balance of each license and use IF formula to pull the correct running balance into the Balance license value column. Like this:

(you can hide the columns in grey so they aren't visible)

Row 1 is fixed with your starter license values. The formula are as follows:

In Balance license value enter this in row 2 and drag it down:

=IF(License@row = "A", A@row, IF(License@row = "B", B@row, ""))

I have written this as a nested IF so you can expand for licenses C, D, and E, as follows:

=IF(License@row = "A", A@row, IF(License@row = "B", B@row, IF(License@row = "C", C@row, IF(License@row = "D", D@row, IF(License@row = "E", E@row, "")))))

In A enter this in row 2 and drag it down:

=IF(License@row = "A", A1 - [Debit value]@row, A1)

And, similarly, in B enter this in row 2 and drag it down:

=IF(License@row = "B", B1 - [Debit value]@row, B1)

(when you add C, D, E, columns you can use the same replacing the text in bold with C, D, and E as appropriate.

=IF(License@row = "B", B1 - [Debit value]@row, B1))