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​
 

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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
 
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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)
 
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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’)
 
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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)
 
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