insert two formulas one cell

[Guest]

I am creating a spreadsheet for my dad's check cashing business. I have three
cells: "AMOUNT", "FEE", "CASHED".

He charges an average of .012 or each check. so I enter the formula
"=PRODUCT('AMOUNT*.012) into the "FEE" cell. then I calculated in the
"CASHED" cell "=SUM('AMOUNT'-'FEE') for the total.

Sometimes he doesn't stick to his .012 fee. He wants to be able to put in
the actuall amount he cashed and come up with the fee. Can I not create a
circular reference to the "FEE" cell and have a function that will also
calculate the amount he charge? "FEE"=SUM('AMOUNT'-'CASHED')

How do I do that?

 

[Ron Coderre]

I think I'd go with a 4th column: OVERRIDE

So you'd have:
A1: AMOUNT
B1: FEE
C1: CASHED
D1: OVERRIDE

A2: the face amount of the check
B2: =IF(ISBLANK(D2),0.012*A2,A2-D2)
C2: =IF(ISBLANK(D2),A2-B2,D2)
D2: The amount of cash paid to the customer (if different from the amount
calculated in Cell C2

Copy the formulas in Cells B2 and C2 down as far as needed.

Does that help?

Regards,
Ron

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