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Greetings,
Does anyone know if there is a formula to automate RYG based on Variance? I am trying to track budget (not dates). I would like to show Red balls when a task is over budget.
Any ideas on the formula?
Thank you!
I think there are a variety of ways to accomplish what you are trying to do. Are you trying to figure variance on a row by row basis or by sum total of the entire budget for the sheet like for a roll-up?
Here are two examples of formulas you could use:
Row by Row: =IF(Actual@row > Budget@row, "Red", "Green")
Sum of Columns: =IF(SUM(Actual:Actual) > SUM(Budget:Budget), "Red", "Green")
You can see both of them at work in my screenshot below. Right click on it to open it in a new window. You can see the item flagging red, while the overall budget is still on track. Hope that helps!
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