Creating an Automatic Cash Draw Calculator

THouldin

New Member
Joined
Feb 25, 2011
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3
I am brainstorming how to create an excel 2007 sheet that can calculate the optimum combination of change and cash for a cash drawer at a business' closing time. The excel sheet would allow the user to input the total amount of pennies, dimes, ones, twenties, etc. and excel would determine how to leave $400 in the drawer with the smallest denominations possible. For example if an employee ended the day with $945.45 in his or her till (aka drawer), this hypothetical excel sheet would remove $545.45 using as many $100’s, 50’s, 20’s, and quarters as possible and leaving denominations like pennies, 1’s, and 5’s.
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Does anyone where I would start for a project like this? Are there customizable add-ons that I could use to create this optimum cash drawer calculator? Would I have to use VBA? Please point me in the right direction. Thank you!
 
Last edited:

Excel Facts

Wildcard in VLOOKUP
Use =VLOOKUP("Apple*" to find apple, Apple, or applesauce
Let me know if you find something I am working on something similar. I start and end with 150.
 
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