Tejasvita Soni
Student at Lachoo Memorial College of Science & Tech

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Tejasvita Soni

Student at Lachoo Memorial College of Science & Tech

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I am a student of BCA and want to utilize my spare time in some constructive manner.

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Tejasvita Soni 11 months ago
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fro3en 11 months ago
Eloquens Member
Hello! I bought your table and am very pleased with it, but there is one problem!
I have a screenshot that would show everything at once, but I cannot send you a screenshot, so I will try to describe it.
Let's say that 1.1.11 I bought 1 Bitcoin for 1000$(BTC_USD). 5.11.11 I bought one more! I have 2 bitcoins now(2000$)! Next, on 5.11.11, I bought 10 more lightcoins for 1000USD, which is equivalent to one Bitcoin! Now I have 2BTC and 10LTC (1BTC)! Now on 10.11.11 I buy 1BTC for 10LTC (BTC_LTC). And now 15.11.11 when I want to sell all 3BTC(BTC_USD) I have a problem in your table, since she does not know that I bought 1ВТС for 10LTC, an error occurs in the calculation.
"CUM Cost of BTC Sold" and "FIFO Gain (USD)" stop showing data. How to solve it!? I need the table to go into the minus when needed, but it creates a link to the wrong parameter in "Total BTC Purchased".
Help me please! Thank you in advance!
1Reply
- Tejasvita Soni 11 months ago
  Author
  Hi Fro3en,
  
  Thanks for the purchase. Profit/loss for different currency pairs should be calculated in separate sheets. Please put the transactions for BTC/USD pair in one sheet and LTC/USD in another sheet. In case you did any trade for BTC/LTC pair, and want it to include it in the calculations, then you will need to convert LTC quantity into equivalent BTC (separately) and then put that numbers in the sheet. I hope it makes sense.
  
  Regards
  Soni
  Reply
Tejasvita Soni 1 year ago
Author
* comment deleted *
1Reply
Syed Gardezi 1 year ago
Eloquens Member
Hi Soni,

hope you are doing great. I must say making BTC FIFO template is a great effort. I just need to ask a couple of things.
1. What is the point of making Sale cost part 1& 2 column.
2. There is no such column of commission? you should have added commission with BTC buy price (i.e. fee charged by exchanges) and then subtract from the sold price to get FIFO capital gain as end of the day we need to have capital gain/loss as a record. just wondering if it is possible for you to do that?
2Reply
- Tejasvita Soni 1 year ago
  Author
  Hi Syed,
  
  Thanks for your kind review and comment.
  
  1. Columns M:P contain formulas for calculating costs of coins sold in split/parts. These formulas are complex and doing the calculation on FIFO method. These contains intermediate results. You may show/hide them as per your preference.
  
  2. In next version, I will include Commission field also and will let you know when it is uploaded.
  
  Regards
  Soni
  2Reply

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