is there an easy way to figure out which dollars and coins will be used to add up to a total owed

jvoortman

New Member
Joined
May 13, 2009
Messages
14
is there an easy way to figure out which dollars and coins will be used to add up to a total owed? ihave a little dart league where players earn small cash for each win, at the seasons end I pay out but it takes time to calculate bills and coins needed, so I can go to the bank and get correct change. i'm in Canada so we have $100's, 50's, 20's, 10's, 5's, Toonies, Loonies, quarters, dimes and nickels . for example a guy is getting $89.64, so I will need 1-$50, 1-$20, 1-$10, 1-$5, 2-toonies, 1-quarter, 1-dime, 1-nickel (rounding up if necessary since we no longer have pennies. I used to just buy rolls of change but that isn't great cuz I 'll have too much left over and so I am trying to see if you folks have a solution for me. The amounts just go straight down a column and it varies how many player from season to season. Any help would be greatly appreciated ! John

TONY
$300.75​
SAM
$203.50​
ALEX
$142.60​
ANDY
$115.11​
DAVE
$89.63​
JAY
$60.37​
JR
$35.48​
BILL
$34.82​
LES
$31.35​
CHRIS
$30.16​
JARVIS
$28.02​
IVAN
$32.76​
MAX
$26.86​
TERRY
$26.57​
DEAN
$27.52​
JOHN
$19.73​
SEAN
$19.56​
KEN
$12.27​
ERIK
$7.20​
KEINO
$6.30​
 

Excel Facts

Convert text numbers to real numbers
Select a column containing text numbers. Press Alt+D E F to quickly convert text to numbers. Faster than "Convert to Number"
maybe column C can show fifties needed, column D can show twenties needed, column E can show tens needed, column F can show fives needed, column G can show toonies need, column H can show loonies needed, column I can show quarters needed, column J can show dimes needed, and column K can show nickels needed, and then I can just sum up each column to get exact change needed
 
Upvote 0
Edit the formula for the rounding in Column M if necessary.

T202206a.xlsm
ABCDEFGHIJKLMN
1DenominationAllocate distribute amount by currency
2Amount01005020105210.250.10.05
3300.7503000000300300.75
4203.5002000011200203.50
5142.6001020010210142.60
6115.1101001100011115.15
789.630011112021189.65
860.370010100011160.40
90.57000000002020.60
3b
Cell Formulas
RangeFormula
D3:L9D3=INT(ROUND($B3-SUMPRODUCT($C3:C3,$C$2:C$2),2)/D$2)
M3:M9M3=ROUNDUP(($B3-SUMPRODUCT($C3:L3,$C$2:L$2))/M$2,0)
N3:N9N3=SUMPRODUCT($D$2:$M$2,D3:M3)
 
Upvote 0
Upvote 0
Upvote 0
Solution
What version of Excel are you using?

I suggest that you update your Account details (or click your user name at the top right of the forum) so helpers always know what Excel version(s) & platform(s) you are using as the best solution often varies by version. (Don’t forget to scroll down & ‘Save’)
 
Upvote 0
This version requires a current version of Excel.
Use Round or Ceiling in Column L as required for your application.

Cell Formulas
RangeFormula
C4:K15C4=INT(($A4-SUM($B4:B4*$B$3:B$3))/C$3)
L4:L15L4=ROUND(($A4-SUM($B4:K4*$B$3:K$3))/L$3,0)
M4:M15M4=SUM($B$3:$L$3*B4:L4)
N4:N15N4=M4-A4
A16,C16:N16A16=SUM(A4:A15)
B16B16=SUM(B3:B15)
 
Upvote 0

Forum statistics

Threads
1,214,606
Messages
6,120,488
Members
448,967
Latest member
visheshkotha

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top