#1
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how to forecast repeating monthly expenses entry
HI I am building a forecasting cash-flow spread sheet.
I know what the expense/income are and the date they happen each month. example: Paycheck occours every 2 weeks on a friday or Visa bill every 20th of the month How do i repeat those entry forward over a 5 year period? |
#2
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That really depends on your worksheet structure. We'd need to see that before any particular advice could be given. Can you attach a workbook to a post with some representative data (delete anything sensitive)? You do this via the paperclip symbol on the 'Go Advanced' tab at the bottom of this screen.
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Cheers, Paul Edstein [Fmr MS MVP - Word] |
#3
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example of cashflow spread sheet question
Good morning
I hope there is an attached example of what I am trying to automate in my Cashflow spread sheet. |
#4
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There are various ways you could approach this problem. For example, in columns B & C you could have formulae like:
=IF(MOD(A11,14)=1,"Income Lori",IF(MOD(A11,14)=6,"Income Dave","")) and: =IF(MOD(A11,14)=1,800,IF(MOD(A11,14)=6,1000,"")) respectively, to generate the income projections. The formulae could be extended to incorporate debits, etc., too, but you need to consider how you'd want to handle the fairly common occurrence of multiple transactions occurring on the same date. Obviously, a formula can't insert extra rows for a date, so you'd probably need to allow for more than one to be handled in each column. This would also be somewhat easier to manage if you had separate columns for debits and credits.
__________________
Cheers, Paul Edstein [Fmr MS MVP - Word] |
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