Deposit Forfeiture and No-Show

Excel Formulas › Barber & Tattoo Studio

All versionsIF

A nonrefundable deposit holds the appointment. If the client no-shows or cancels late, the deposit is forfeited (kept as revenue); if they show, it credits the balance.


Quick formula: deposit outcome by attendance:
=IF(showed, "credit balance", "forfeit")
If the client shows, the deposit credits the balance; if they no-show or cancel late, the shop keeps it.

Functions used (tap for the full reference guide):

The example

$100 deposit, no-show.

AB
1ItemValue
2No-showforfeit
3Kept→ $100

The formula

The formula:

=IF(showed, balance - deposit, deposit) // credit if shown, keep if not

How it works

How it works:

  1. A nonrefundable deposit is collected at booking to hold the slot.
  2. If they show: the deposit credits the balance (price − deposit due).
  3. If they no-show / late-cancel: the shop keeps the deposit as compensation for lost time.
  4. Track forfeited deposits as recovered revenue against no-show losses.

The deposit turns a no-show from a total loss into partial compensation. Booked artist time that goes empty earns nothing — a forfeited deposit at least covers part of it and discourages flaky bookings in the first place. State the policy clearly (nonrefundable, late-cancel window) at booking, and total forfeited deposits over a month against your no-show count to see how much the policy recovers.

Try it: interactive demo

Live demo

Price, deposit, and whether they showed.

Outcome:

Variations

Balance if shown

Deposit credited:

=price - deposit

Forfeited revenue (month)

Total kept:

=SUMIF(status, "No-show", deposit)

No-show rate

Missed share:

=COUNTIF(status,"No-show") / total_bookings

Pitfalls & errors

Nonrefundable. State the policy and late-cancel window at booking.

Credit if shown. Subtract the deposit from the balance when they attend.

Track forfeits. Total kept deposits against no-show losses.

Practice workbook

📊
Download the free Deposit Forfeiture and No-Show practice workbook
A deposit sheet with the balance, forfeited-revenue, and no-show-rate variants, plus 4 challenges with answers. No sign-up required.

Frequently asked questions

How do I handle a tattoo deposit in Excel?
=IF(showed, price - deposit, deposit) — credit the balance if they show, keep it if they no-show.
How do I total forfeited deposits?
=SUMIF(status, "No-show", deposit).
Why take a nonrefundable deposit?
It holds the slot and compensates for lost time if the client doesn't show.

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Related formulas: Deposit & balance schedule · No-show and cancellation rate · Tattoo price by hour

Function references: IF