Date-Related Formula

rbahbah

Board Regular
Joined
Oct 23, 2008
Messages
63
Hello...I need some help with date-related formula:

I signed a 3-month contract with a client in the amount of $300 effectrive from January 15 to April 15. I would like a formula that returns the revenue each month as follows:

January: $50 (pro-rated since the contract started January 15)
February: $100
March: $100
April: $50 (pro-rated since the contract ended April 15).

See example:

[TABLE="class: outer_border, width: 500"]
<tbody>[TR]
[TD][/TD]
[TD]A[/TD]
[TD]B[/TD]
[TD]C[/TD]
[TD]D[/TD]
[/TR]
[TR]
[TD]1[/TD]
[TD]Amount[/TD]
[TD]Start Date[/TD]
[TD]End Date[/TD]
[TD]Period (Mths)[/TD]
[/TR]
[TR]
[TD]2[/TD]
[TD]$300[/TD]
[TD]01/15/2018[/TD]
[TD]04/15/2018[/TD]
[TD]3[/TD]
[/TR]
</tbody>[/TABLE]

Any idea?

Thanks!!
 

Excel Facts

Test for Multiple Conditions in IF?
Use AND(test, test, test, test) or OR(test, test, test, ...) as the logical_test argument of IF.
[Table="width:, class:head"][tr=bgcolor:#E0E0F0][th] [/th][th]
A
[/th][th]
B
[/th][th]
C
[/th][th]
D
[/th][th]
E
[/th][th]
F
[/th][th]
G
[/th][th]
H
[/th][/tr]
[tr=bgcolor:#FFFFFF][td=bgcolor:#E0E0F0]
1
[/td][td]Amount[/td][td]Start Date[/td][td]End Date[/td][td]Period (Mths)[/td][td][/td][td][/td][td][/td][td][/td][/tr]


[tr=bgcolor:#FFFFFF][td=bgcolor:#E0E0F0]
2
[/td][td]
$300​
[/td][td]
1/15/2018​
[/td][td]
4/15/2018​
[/td][td]
3​
[/td][td][/td][td][/td][td][/td][td][/td][/tr]


[tr=bgcolor:#FFFFFF][td=bgcolor:#E0E0F0]
3
[/td][td][/td][td][/td][td][/td][td][/td][td][/td][td][/td][td][/td][td][/td][/tr]


[tr=bgcolor:#FFFFFF][td=bgcolor:#E0E0F0]
4
[/td][td]
Jan 2018​
[/td][td]
Feb 2018​
[/td][td]
Mar 2018​
[/td][td]
Apr 2018​
[/td][td]
May 2018​
[/td][td][/td][td][/td][td][/td][/tr]


[tr=bgcolor:#FFFFFF][td=bgcolor:#E0E0F0]
5
[/td][td]
$56.67​
[/td][td]
$93.33​
[/td][td]
$103.33​
[/td][td]
$46.67​
[/td][td][/td][td][/td][td]
$300.00​
[/td][td][/td][/tr]


[tr=bgcolor:#FFFFFF][td=bgcolor:#E0E0F0]
6
[/td][td][/td][td][/td][td][/td][td][/td][td][/td][td][/td][td][/td][td][/td][/tr]
[/table]
[Table="width:, class:grid"][tr][td]Sheet: Sheet24[/td][/tr][/table]

I managed to build a formula that distributes the amount across days, not exactly what you are looking for.

Formula in cell A5:
=((ABS(MEDIAN(A4,DATE(YEAR(A4),MONTH(A4)+1,1),$C$2)-MEDIAN(A4,DATE(YEAR(A4),MONTH(A4)+1,1),$B$2)))/($C$2-$B$2))*$A$2

Perhaps someone else can build a better formula based on my formula.
 
Last edited:
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