Ageing Formula

vasudev_kamat

New Member
Joined
May 7, 2012
Messages
38
Hi Friends,

I need support on excel formula. I am using ageing calculation formula based on customer type. If it is Third party customer I need age buckets like >15 days, Not Due, Less than 15 days. and if it is Inter Company customer again >30 days, Not Due, less than 30 days.Row B has value for type of customer. Overall due date in Row D. and ageing formula required in cell E.
Attached screenshot. Please support with formula.
 

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Excel Facts

Move date out one month or year
Use =EDATE(A2,1) for one month later. Use EDATE(A2,12) for one year later.
Book1
ABCDE
1Month End31/07/2020
2CustomerTypeDue dateAgeingBucket
3abcThird Party01/07/202030>15 days
4defInter Company15/08/2020-15Not Due
5ghiThird Party01/01/2020212>15 days
6jklInter Company15/05/202077>30 days
7mnoInter Company30/06/202031>30 days
8volInter Company01/07/202030Not Due
9tocThird Party15/07/202016>15 days
10hjuThird Party16/07/202015Not Due
Sheet1
Cell Formulas
RangeFormula
D3:D10D3=$D$1-C3
E3:E10E3=IF(B3="Third Party",IF(D3<16,"Not Due",">15 days"),IF(D3<31,"Not Due",">30 days"))
 
Upvote 0
Month End Date
31-Jul-20​
Formula Required
Customer NameCustomer TypePayment Due dateAgeingAgeing Bucket
abcThird Party
01-Jul-20​
30​
>15 days
xyzInter Company
15-Aug-20​
-15​
Not Due
dkzThird Party
01-Jan-20​
212​
>15 days
przInter Company
15-May-20​
77​
>30 days
mrqThird Party
10-Oct-20​
-71​
Not Due
 
Upvote 0

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