Excel Tutorial - FIFO Accounting Part 1 (First In First Out)

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This is the first out of three tutorials on how to use Excel for FIFO Accounting. Please note that this video cannot be used for Accounting or Tax advice - it is simply an Excel tutorial.
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Condensed, straight to the point, and spoken plainly. Much obliged!

Jordanime
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Keep this up Mister. Greeting from Thailand. I don't know why, but I keep smiling while watching your video.

brightlovesblacklabrador
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Great teacher who speaks slowly allowing the students to interpret his teaching...

hemsharma
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Best FIFO video out there! By far! Same goes for part 2! Thank you very much! Great job!

mariovarkas
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Is there a way to automate this for a trail of tramsactions?

AM-tble
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At 8.47 you manually split 135 pens into 100 of price category 1 and 35 of category 2. This kind of breakup is not possible to do manually for large value data. Kindly make a video on that. Is there a formula that would automatically subtract 100/135 pens left from 6 jan purchase and remaining from 20 feb purchase??

chatgpt-rc
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I need to be able to subtracted the payment then add interest between the payments per the principal.

Icecreamman
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I'm trying to find out how to set up excel for daily interest with payments applied. It's for daily interest with payments applied.

Icecreamman
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Hello,

How can this be done automated ?

As in part 2, you have shown automated in purchase and not in guide we need to work out on sales.

Kindly share you mail id so as I can elaborate properly.

Thanx
Chetan Mehta.

dhanishmehta
welcome to shbcf.ru