Calculating Cumulative Cost with Google Sheets: Vendor Monthly Bill Increases

Calculating Cumulative Cost of Google Sheets: Vendor Monthly Bill Increases

Google Sheets is a powerful tool for managing and analyzing data. One common use case is tracking expenses, including vendor bills. This article will cover how to calculate the cumulative cost of vendor monthly bill increases using Google Sheets formulas.

Understanding the Basics

To calculate the cumulative cost of vendor monthly bill increases, you will need to have a table of data with the following columns:

• Vendor
• Month
• Bill Amount

For example:

+---------+-------+-----------+
|  Vendor | Month | Bill Amount|
+---------+-------+-----------+
| Vendor A| Jan   | 1000      |
| Vendor A| Feb   | 1200      |
| Vendor A| Mar   | 1400      |
| Vendor B| Jan   | 2000      |
| Vendor B| Feb   | 2200      |
| Vendor B| Mar   | 2400      |
+---------+-------+-----------+

To calculate the cumulative cost, you will use the SUMIF function, which adds up all values in a range that meet criteria you specify.

Calculating Cumulative Cost

To calculate the cumulative cost of vendor monthly bill increases, you will use the following formula:

=SUMIF(A2:A7, A2, C2:C7)

This formula adds up all values in column C (Bill Amount) where the vendor in column A matches the vendor in the current row.

To calculate the cumulative cost over time, you will modify the formula to include a reference to the current row number:

=SUMIF(A2:A7, A2, C2:C7)+SUMIF(A2:AROW(), AROW(), C2:CROW())

This formula adds up all values in column C (Bill Amount) where the vendor in column A matches the vendor in the current row, and all values in column C (Bill Amount) where the vendor in column A matches the vendor in the current row and the month is before the current month.

Formatting the Results

To format the results as a running total, you can use the $ symbol and the NUMBERFORMAT function:

=SUMIF(A2:A7, A2, C2:C7)+SUMIF(A2:AROW(), AROW(), C2:CROW())&" "$&TEXT(SUMIF(A2:A7, A2, C2:C7)+SUMIF(A2:AROW(), AROW(), C2:CROW()), "0.00")

• Google Sheets is a powerful tool for managing and analyzing data.
• To calculate the cumulative cost of vendor monthly bill increases, you will need to have a table of data with the following columns: Vendor, Month, and Bill Amount.
• To calculate the cumulative cost, you will use the SUMIF function, which adds up all values in a range that meet criteria you specify.
• To format the results as a running total, you can use the $ symbol and the NUMBERFORMAT function.

References

• Google Sheets SUMIF function
• Google Sheets NUMBERFORMAT function