Formula to calculate Aging Buckets

tomlinsn

Board Regular
Joined
Jan 25, 2011
Messages
74
I know I have seen this before, but can't put my fingers on it today.

I have a large aging report that I want to summarize into aging buckets -- i.e. 30, 60, 90 days.

I know how to calculate the difference in dates, but I don't know how to convert 25 days into the 30 day bucket, 45 days into the 60 day bucket, etc.

Thank you in advance for your assistance!

Tom
 
I found the answer:

=IF(TODAY()-B8017<=30,"0-30 days",IF(TODAY()-B8017<=60,"31-60 days",IF(TODAY()-B8017<=90,"61-90 days",IF(TODAY()-B8017<=120,"91-120 days",IF(TODAY()-B8017<=150,"121-150 days","over 150 days")))))

Assuming B8017 has the date I want to evaluate for aging purposes. This worked and allowed me to sort and subtotal as I wanted.
 
Upvote 0

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top