How to calculate hours based on individual daily rates
Category: [Excel] Demo Available
How to calculate hours based on individual daily rates
Requirement:
The user is trying to get a formula to look at a range of names, look up a name in another range and then calculate the hours used based on the number of days x a their daily rate.
The following is a sample:
Solution:
In E3 of Sheet1 put
Code:
=IF(ISNA(MATCH(A3,Names,0)),"No Match",PRODUCT(D3,INDEX(Sheet2!D:D,MATCH(Sheet1!A3,Names,0)+4)))
The following will also work:
In E3
Code:
=IFERROR(VLOOKUP(A3,Sheet2!$B$4:$D$8,3,0)*D3,"")
and copy down.
Obtained from the OzGrid Help Forum.
Solution provided by crushdrinker06 and sktneer.
See also: Index to Excel VBA Code and Index to Excel Freebies and Lesson 1 - Excel Fundamentals and Index to how to… providing a range of solutions and Index to new resources and reference sheets
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