Excel Magic Trick 1480: VLOOKUP & MATCH Two-Way Lookup Quantity & Product to Get Price

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In this video learn how to do a two-way lookup to get the correct Price based on Quantity Discount & Product Name. Learn how to use the VLOOKUP and MATCH Functions.

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Excel Magic Trick 1479: Lookup Bulk Quantity Discount Prices Using VLOOKUP Function

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In this video learn the Basics of VLOOKUP to looks up a price based on a Bulk Quantity Discount. Also learn about the MATCH Function to automatically pick out the correct Column Number for the VLOOKUP Function.
1. (00:01) Introduction
2. (00:14) Use VLOOKUP and Column Index Number to lookup a price based on a Quantity Discount
3. (05:14) Use VLOOKUP and MATCH to lookup a price based on a Quantity Discount
4. (09:44) Summary

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Excel & Business Math 41: Markup On Cost or Markup On Sell Price? Calculate & How They Are Different

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In this video learn the difference between Markup on Cost and Markup on Sell Price.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (00:52) When Thinking About Markup, There Are Two Sides: Cost Side & Sell Price Side
3. (03:01) Both the Cost Side (Manufacturers & Distributors) & Sell Price Side (Retail Stores) Calculate the $ Markup the Same
4. (05:33) Learn Formulas For “% Markup”. Cost Side (Manufacturers & Distributors) uses Cost As Denominator and Sell Price Side (Retail Stores) uses Sell Price As Denominator
5. (12:27) Meaning of “% Markup On Cost” and “% Markup On Sell Price”
6. (13:25) Solve Markup on Cost Problem
7. (16:45) Solve Markup on Sell Price Problem
8. (19:25) Solve Both Markup on Cost & Markup on Sell Price Problems
9. (23:15) Summary

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Excel & Business Math 40: Partial Payment on Invoice with Cash Discount, Credit to Account Balance?

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In this video learn how to calculate the credit that should be applied a the balance of an account when a partial payment in made with a cash discount applied.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (01:06) Partial Payment on Invoice with Cash Discount Applied Video Example #1, Common Sense Method
3. (05:23) Partial Payment on Invoice with Cash Discount Applied Video Example #1, Increase Decrease Method
4. (08:53) Partial Payment on Invoice with Cash Discount Applied Video Example #2, Increase Decrease Method
5. (10:42) Summary

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Calculate Partial Payment with Cash Discount

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Excel & Business Math 39: Create Excel Invoices, Data Validation Drop-down, VLOOKUP & IF Functions

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In this video learn how to create an Invoice that you can use over and over using Data Validation Drop-down, VLOOKUP, ISTEXT, ISNUMBER & IF Functions. Also see how to create a formula to extract Invoice Number from Sheet name using the CELL, REPLACE, SEARCH and LEFT Functions.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction to creating an invoice in Excel
2. (01:30) Format Invoice
3. (02:32) Insert Company Logo and Boomerang Picture
4. (06:01) Calculate Wholesale Cost using a Single Trade Discount
5. (08:30) Data Validation – List to insert Drop-down list of Products
6. (11:29) Exact Match VLOOKUP to get price
7. (13:06) IF and ISTEXT to turn formula off when no product entered
8. (17:01) IF & ISNUMBER for Line Item Total
9. (18:41) SUM Function and other formulas for totals
10. (20:18) Page Setup
11. (21:44) Copy a Sheet using Mouse & Ctrl Key
12. (24:57) CELL, SEARCH, REPLACE and LEFT Functions to get Invoice Number
13. (29:25) Summary

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Excel & Business Math 38: Date Math, Invoices, Cash Discounts on Invoices, Nested IF Functions

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In this video learn how to
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (00:48) Enter Dates in Excel
3. (03:19) Date Number Formatting
4. (05:44) Date Math, Date Formulas and Date Functions like EDATE and EOMONTH
5. (15:18) Invoices, Different Elements
6. (17:11) Shipping Terms, including FOB Shipping and FOB Destination
7. (19:40) When Tax is Paid, including selling final item at a whole sale cost
8. (20:58) Cash Discounts: Incentive to Pay Invoice Early
9. (22:44) Ordinary, Cash Discounts Example 1. First Example and Close look at what Terms Mean.
10. (33:04) Ordinary, Cash Discounts Example 2
11. (38:53) Ordinary, Cash Discounts Example 3. This example shows what to do if you have two discount opportunities, including how to use Two IF Functions in a single formula, known as Nesting If Functions.
12. (48:50) AS OF, Cash Discounts
13. (49:40) ROG, Cash Discounts
14. (51:10) EOM, Cash Discounts. Including the EOMONTH Function and how to use a Logical Value (TRUE / FALSE) value in a formula as a 0 or 1.
15. (01:02:42) Summary

Next Video: 39 Excel & Business Math

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Excel & Business Math 37: Trade Discounts, Series Discounts, Net Cost Equivalents & Wholesale Cost

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In this video learn how to calculate Trade Discounts (Single and Series) in order to calculate a Wholesale Cost. Learn about Business Terms. Learn about using VLOOKUP and IF Functions to automat calculations.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (01:27) Business Terms: Retail & Wholesale Businesses. List Price and Wholesale Cost. Trade Discount $ Amount.
3. (05:42) Examples of Wholesale Cost Catalogs and the four different formulas needed to calculate Whole Sale Costs under four different assumptions.
4. (11:28) Single Trade Discount % Video Example. See three different Methods to calculate Wholesale Cost.
5. (15:02) Calculate Series Discounts. See three different Methods to calculate Wholesale Cost.
6. (20:28) Series Trade Discount % with Two Successive Discounts
7. (21:42) Series Trade Discount % where 2nd Discount Depends on Quantity Purchased. Learn how to use VLOOKUP Function.
8. (26:23) Series Trade Discount % where 2nd & 3rd Discount Depends on Quantity Purchased.
9. (30:43) Learn how to use IF & VLOOKUP Functions to make calculations automatic for a Series Discount.
10. (34:57) Summary

Next Video: 38 Excel & Business Math

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Excel & Business Math 36: Comprehensive Excel Payroll Example: SUMIFS, MROUND, MOD, VLOOKUP & More

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In this video learn how to create a complete payroll table solution based on the topics learned in Videos #29 to 35. Learn about the SUMIFS Function for the first time.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (02:15) Formula for: Hours Worked, using the Functions: SUM, MOD, MROUND
3. (06:42) Formula for: Total Hours, using the Function: SUMIFS
4. (11:25) Formula for: Regular Hours, using the Function: IF
5. (13:26) Formula for: Overtime Hours
6. (13:48) Formula for: Regular Gross Pay, using the Function: ROUND
7. (14:24) Formula for: Overtime Gross Pay, using the Functions: ROUND
8. (14:57) Formula for: Total Gross Pay, using the Functions: SUM
9. (15:16) Hide Columns
10. (15:56) Formula for: Cumulative Gross Pay After This Paycheck
11. (16:24) Formula for: Social Security Deduction, using the Functions: MEDIAN, ROUND
12. (18:42) Formula for: Medicare Deduction @ 1.45%, using the Functions: MEDIAN, ROUND
13. (20:09) Formula for: Medicare Deduction @ 2.35%, using the Functions: MEDIAN, ROUND
14. (22:30) Formula for: Taxable Pay, using the Function: MAX
15. (23:30) Formula for: Federal Income Tax Withholding, using the Functions: VLOOKUP, ROUND
16. (26:03) Formula for: Total Deductions
17. (26:30) Formula for: Net Pay
18. (26:44) Summary

Next Video: 37 Excel & Business Math

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Excel & Business Math 35: VLOOKUP & MAX Functions for Percentage Method Federal Income Tax Deduction

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In this video learn how to use VLOOKUP & MAX Functions to make Federal Income Tax Withholding Deduction formulas.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (00:31) Federal Income Tax Withholdings Deducted from Employees Paychecks
3. (02:42) IRS web site with 2018 Percentage Method Tax Tables.
4. (04:00) 2018 Percentage Method Federal Income Tax Withholding Tables in Excel
5. (06:19) Video Example 1: Calculate Federal Income Tax Withholdings for Marital Status “Single” and Pay Period Weekly. Calculations made by Hand and with MAX and VLOOKUP.
6.
7. (17:05) Use Formula Evaluator to verify that VLOOKUP Formula is working correctly
8. (18:38) Video Example 2: Calculate Federal Income Tax Withholdings for Marital Status “Married” and Pay Period Weekly. Calculations made by Hand and with MAX and VLOOKUP.
9. (21:36) Video Example 3: Calculate Federal Income Tax Withholdings for Marital Status “Single” and Pay Period Weekly for an Entire Payroll Table. Calculations made with MAX and VLOOKUP.
10. (27:33) Video Example 4: Calculate Federal Income Tax Withholdings for Marital Status “Married” and Pay Period Weekly for an Entire Payroll Table. Calculations made with MAX and VLOOKUP. See how to copy a Whole Table for formulas to a new template.
11. (28:28) Summary

Next Video: 36 Excel & Business Math

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Excel & Business Math 34: MEDIAN Function for FICA Social Security & Medicare Payroll Deductions

Excel & Business Math 34: MEDIAN Function for FICA Social Security & Medicare Payroll Deductions
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In this video learn how to
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (01:28) FICA Payroll Social Security & Medicare Tax Deductions
3. (04:50) Calculating FICA Deductions and Net Pay Long Hand, all three situations
4. (17:32) Learning How to Make a Tax Calculation When There is a Hurdle That Changes The Tax Rate
5. (18:13) Using MEDIAN Function to Deal With Tax Hurdles
6. (31:17) Payroll Employee Table Example for Tax Deductions and Net Pay
7. (37:44) Summary

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Excel & Business Math 33: VLOOKUP Function for Incentive Pay: Commissions & Piecework (15 Examples)

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In this video learn all about the VLOOKUP Function, How to Build Lookup Tables and all about Incentive Pay such as Piecework and Commission Pay.
Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel.
Topics in Video:
1. (00:01) Introduction
2. (02:25) Incentive Pay such as: Straight Piecework, Variable Piecework, Straight Commission, Variable Commission Rates, Commission Rate Based on Amount of Sales
3. (06:42) Straight Piecework Example
4. (08:24) Variable Piecework Example Making the Calculations Long-Hand
5. (11:28) Why Excel is so Helpful AND why we must be REALLY Knowledgeable with Excel.
6. (12:00) Variable Piecework Example Making the Calculations with the “Lookup Table Method”
7. (20:04) Creating the Lookup Table from Scratch
8. (30:31) Variable Piecework Example Making the Calculations with the “Lookup Table Method & VLOOKUP Function using Approximate Match”
9. (40:19) Variable Piecework & VLOOKUP & Approximate Match Lookup for Entire Payroll Table:
10. (44:10) What is VLOOKUP Function?
11. (44:42) “Mash” all 3 VLOOKUP Functions into Single Formula using Clipboard:
12. (not in video look in pdf notes) VLOOKUP Function Arguments (Full Details):
13. (49:00) Lookup Tables are Everywhere
14. (51:55) Straight Commission Rates
15. (52:51) VLOOKUP & Exact Match Lookup for Straight Commission Rates When each Employee has Different Rate
16. (59:00) VLOOKUP & Approximate Match Lookup for Variable Commission Rates; Make Lookup Table and use VLOOKUP
17. (01:15:25) VLOOKUP & Approximate Match Lookup for Commission Rate Based on Amount of Sales Made by the Employee
18. (01:20:02) Summary

Next Video: 34 Excel & Business Math

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