Author Topic: Maths question  (Read 14980 times)

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Offline Nick

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Re: Maths question
« Reply #135 on: March 25, 2010, 01:59:51 PM »
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Offline Snoopy

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Re: Maths question
« Reply #136 on: March 25, 2010, 02:03:45 PM »
In theory ?15 represents the VAT@15% so divide it by 15 and multiply by 100.

?15 divided by 15=?1

?1x100 = ?100.

Total bill should then have been ?115.

Let's try it with ?153.75 being the VAT collected at 15%

?153.75 divided by 15 = ?10.25

?10.25 x 100 = ?1025.00

Total bill should then have been ?1178.75

Quite so Snoopy...

A spreadsheet with the pre VAt amount, VAT, add totals would allow you to automatically add them all up and cross check...

As Snoopy points out any other way simply won't work and the VAT man will be down on you like several tonnes of stolen hub caps...

 I do the accounts for a number of charities locally and struggle to get Excel to work. No matter how many times I am shown for some reason I just can't remember it. So I do it with pen and paper. Looks like a spread sheet but in handwriting rather than off the PC. Takes forever.
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Offline Barman

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Re: Maths question
« Reply #137 on: March 25, 2010, 02:37:12 PM »
In theory ?15 represents the VAT@15% so divide it by 15 and multiply by 100.

?15 divided by 15=?1

?1x100 = ?100.

Total bill should then have been ?115.

Let's try it with ?153.75 being the VAT collected at 15%

?153.75 divided by 15 = ?10.25

?10.25 x 100 = ?1025.00

Total bill should then have been ?1178.75

Quite so Snoopy...

A spreadsheet with the pre VAt amount, VAT, add totals would allow you to automatically add them all up and cross check...

As Snoopy points out any other way simply won't work and the VAT man will be down on you like several tonnes of stolen hub caps...

 I do the accounts for a number of charities locally and struggle to get Excel to work. No matter how many times I am shown for some reason I just can't remember it. So I do it with pen and paper. Looks like a spread sheet but in handwriting rather than off the PC. Takes forever.

I am an Excel guru like...  cloud9:
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Offline Snoopy

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Re: Maths question
« Reply #138 on: March 25, 2010, 02:39:54 PM »





You mean you can't do maths but you know how to make the machine do it?
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Offline Barman

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Re: Maths question
« Reply #139 on: March 25, 2010, 02:45:10 PM »





You mean you can't do maths but you know how to make the machine do it?

Did I say that...?  rubschin:
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Offline Snoopy

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Re: Maths question
« Reply #140 on: March 25, 2010, 02:47:20 PM »





You mean you can't do maths but you know how to make the machine do it?

Did I say that...?  rubschin:


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Offline Pastis

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Re: Maths question
« Reply #141 on: March 25, 2010, 02:49:02 PM »
Ok, here we go again ... the fractions, or formulae as you call them are:

for 15% ... 3/23 i.e. Multiply the invoice total by 3 then divide by 23. The result will be the amount of VAT; subtract that from the invoice total and you'll have the original invoice figure.

for 17.5% ... 7/47 etc

Simples!
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Offline Nick

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Re: Maths question
« Reply #142 on: March 25, 2010, 02:49:36 PM »
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Offline Snoopy

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Re: Maths question
« Reply #143 on: March 25, 2010, 02:50:22 PM »
Ok, here we go again ... the fractions, or formulae as you call them are:

for 15% ... 3/23 i.e. Multiply the invoice total by 3 then divide by 23. The result will be the amount of VAT; subtract that from the invoice total and you'll have the original invoice figure.

for 17.5% ... 7/47 etc

Simples!

But he has the VAT totals NOT the invoice totals  Banghead


He knows how much VAT he has charged but he has not calculated the total invoices nor the pre VAT figures. He is trying to arrive at those by working purely from the VAT total.

He has added up the VAT shown on all his invoices and is looking to avoid doing the same to the totals by finding a quick calculation to extrapolate the figures purely from the VAT

As Christopher Robin would say "You are a silly old bear!"
« Last Edit: March 25, 2010, 03:00:19 PM by Snoopy »
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Offline Pastis

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Re: Maths question
« Reply #144 on: March 25, 2010, 03:02:58 PM »
I give up  noooo:
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Offline Barman

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Re: Maths question
« Reply #145 on: March 25, 2010, 03:03:33 PM »





You mean you can't do maths but you know how to make the machine do it?

Did I say that...?  rubschin:


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In your mind perhaps...  lol:
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Offline Snoopy

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Re: Maths question
« Reply #146 on: March 25, 2010, 03:11:29 PM »





You mean you can't do maths but you know how to make the machine do it?

Did I say that...?  rubschin:


Nearly  whistle:

In your mind perhaps...  lol:

I have a daughter who managed a B in GCSE Maths but still doesn't know any times tables beyond 4. Baffled me until she revealed that most of the work is done using a 'pooter and/or a calculator.

So she can't do the maths but knows a machine that can.  noooo:

As I pointed out that will do her no good when she has ?20 in her purse and needs to work out what she can buy with it. This argument is, she tell me, flawed in that she would simply put her purchases on a credit card.

Frankly I can't wait to see how she copes when she leaves home  eveilgrin:
I used to have a handle on life but it broke.

Offline Barman

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Re: Maths question
« Reply #147 on: March 25, 2010, 03:13:54 PM »





You mean you can't do maths but you know how to make the machine do it?

Did I say that...?  rubschin:


Nearly  whistle:

In your mind perhaps...  lol:

I have a daughter who managed a B in GCSE Maths but still doesn't know any times tables beyond 4. Baffled me until she revealed that most of the work is done using a 'pooter and/or a calculator.

So she can't do the maths but knows a machine that can.  noooo:

As I pointed out that will do her no good when she has ?20 in her purse and needs to work out what she can buy with it. This argument is, she tell me, flawed in that she would simply put her purchases on a credit card.

Frankly I can't wait to see how she copes when she leaves home  eveilgrin:

Rubbish in/rubbish out tho...

You can't build a working spreadsheet unless you know which formula to put in each box... A thorough understanding of BOMDAS helps too...  lol:
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Offline Snoopy

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Re: Maths question
« Reply #148 on: March 25, 2010, 03:16:54 PM »
I'll stick to my trusty Evrite Accountancy Pads and a sharp pencil or two. I don't trust 'pooters that much.
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Offline The Moan Ranger

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Re: Maths question
« Reply #149 on: March 25, 2010, 03:20:50 PM »





You mean you can't do maths but you know how to make the machine do it?

Did I say that...?  rubschin:


Nearly  whistle:

In your mind perhaps...  lol:

I have a daughter who managed a B in GCSE Maths but still doesn't know any times tables beyond 4. Baffled me until she revealed that most of the work is done using a 'pooter and/or a calculator.

So she can't do the maths but knows a machine that can.  noooo:

As I pointed out that will do her no good when she has ?20 in her purse and needs to work out what she can buy with it. This argument is, she tell me, flawed in that she would simply put her purchases on a credit card.

Frankly I can't wait to see how she copes when she leaves home  eveilgrin:

Rubbish in/rubbish out tho...

You can't build a working spreadsheet unless you know which formula to put in each box... A thorough understanding of BOMDAS helps too...  lol:

Do you mean BODMAS?  whistle: