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Feb 02, 2021 03:13 PM
Hello,
I’m trying to figure out a way to calculate my “Price without Tax”.
I wrote something like this but it’s not working.
IF({VAT}=20, {Price with tax}/1.2), IF({VAT}=5.5, {Price with tax}/1.055))
VAT is a Percent
As you can probably see i’m a true beginner.
Any help would be appreciated.
Thx
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Feb 03, 2021 09:05 AM
Try
IF(AND({VAT},{Price with tax}), {Price with tax}/(1+{VAT}),0)
This formula is saying that if “VAT” and “Price with tax” have values, then calculate the price before VAT. Otherwise return 0. You can change 0 to be whatever you’d like.
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Feb 03, 2021 09:59 AM
Thanks @augmented for your help.
My concern is that i can have 2 different VAT values (20% and 5,5%)
I just want my “Price without Tax” to be calculated according to the right one.
Thanks.
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Feb 03, 2021 10:17 AM
Hey, you’re welcome. I try to answer at least one question here every day.
Did you try my formula? I will work if you have any number of VAT values.
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Feb 03, 2021 12:00 PM
It did actually, i just don’t get that language yet.
Thanks a lot.
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Feb 03, 2021 12:16 PM
Just look up the function definitions and it will make sense. Good luck.