Fifo inventory stock

ALEXANDRU MITACHE

New Member
Joined
Oct 22, 2014
Messages
3
Hello!

I have a worksheet with purchases and sellings for 2 products (Article #1 and Article #2).

As I don't know how to insert the original worksheet, I put a picture of it.

I'd like to know what formula will give, in U7 and V7, the daily stock of Article #1, based on the FIFO method (quantity in U7 and value in V7).

The purchases (columns B:I) are made when necessary, but the sellings (columns L:Q) come every day.

Thanks a lot!


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Excel Facts

Difference between two dates
Secret function! Use =DATEDIF(A2,B2,"Y")&" years"&=DATEDIF(A2,B2,"YM")&" months"&=DATEDIF(A2,B2,"MD")&" days"

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