Creating Invoice with houly rate

Dummy Excel

Well-known Member
Joined
Sep 21, 2005
Messages
1,004
Office Version
  1. 2019
  2. 2010
  3. 2007
Platform
  1. Windows
Hi All,
i need to create an invoice for a new client although its proving to be a little difficult as he wants me to calculate things by the minute.

So i have an hourly rate of $50 ex tax (tax is 10%)
im looking to just input my hours & minutes and the formula automatically calculates the tax amount only as well as the total amount with tax.

is this possible with a formula?

thanks
Sam
 

Excel Facts

Can a formula spear through sheets?
Use =SUM(January:December!E7) to sum E7 on all of the sheets from January through December
if i understood it right
assume that your time will be in A1 like this 6:15
so the formula in b1 will be
Code:
=A1*24*your hourly rate*1.1
 
Upvote 0
Hi thunder_anger - yes that works perfectly. Appreciate your help

thanks
Sam
 
Upvote 0

Forum statistics

Threads
1,223,903
Messages
6,175,286
Members
452,631
Latest member
a_potato

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top