Calculating Income Surplus/(Deficit) w/ Negative Expense

Soopee Smoov

New Member
Joined
May 3, 2018
Messages
2
I am trying to find a formula that will handle calculating "Income Surplus/(Deficit)" regardless of Total Operating Expense calculating a positive or negative number. For example:

Projected YE Income is 5,260,162
Projected YE Expense is 6,328,910
Hard Income Surplus/(Deficit) is -1,068,748 (calculated Income - Expense)

However, Variance Budget vs Projected YE does not work under this calculation:

Variance Budget vs Projected YE Income is 49,989
Variance Budget vs Projected YE Expense is -46,444
Hard Income Surplus/(Deficit) is 96,433 (calculated Income - Expense)
This number should be 3,546 but requires a calculation of Income + Expense due to the Expense being negative.

Calculating Hard Income Surplus/(Deficit) should be able to calculate with the same formula regardless if we are talking Actual, Budget, Project, Variance. However, with the simple formula of Income - Expense I can't get there if the variance gives me a negative balance. There has to be some type of conditional format that can be entered across the board that will return the proper balance.

Help??
 

Excel Facts

Do you hate GETPIVOTDATA?
Prevent GETPIVOTDATA. Select inside a PivotTable. In the Analyze tab of the ribbon, open the dropown next to Options and turn it off
Don't you want to subtract zero if the expense is negative? Otherwise you can subtract the negative expense which will add it.
 
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