Monthly increase

Elmo9

New Member
Joined
Apr 1, 2020
Messages
6
Office Version
  1. 365
Platform
  1. Windows
I need a formula in my excel sheet that increases in value by 2.16 every month.
e.g. if cell A2 is "5" in January it must automaticly be "7.16" the first of February and "9.32" the first of March and so on.
Is there any formula to make this happen?
If a parameter to get yesterdays month existed I could use =IF(MONTH(TODAY())>MONTH(YESTERDAY()),A2+2.16,A2 to do so but the MONTH(YESTERDAY()) does not exist to my knowledge...
Any help is welcome
 

Excel Facts

Why does 9 mean SUM in SUBTOTAL?
It is because Sum is the 9th alphabetically in Average, Count, CountA, Max, Min, Product, StDev.S, StDev.P, Sum, VAR.S, VAR.P.
Not sure if I understand correctly, is it something like -

1585729981822.png


If so, try

=IF(B1=(EOMONTH(A1,0)+1),A2+2.16,A2)

In Cell B2 (2nd 5 in my example)
 
Upvote 0
@gaz_chops Not quite.
This solution requires that I have a cell for each month. I want the same cell to increase by 2.16 each month.
I am making a calender that tracks vacation days and as a new rule takes place in DK by May where each employee recieves 2.16 vaacation days each month I would like the excel sheet to automaticly add this to the total vacation days. I then have a complete calender where each held day will be typed in and automatically subtracted from the total days count.
 
Upvote 0
Give it a while, if no response bump this thread, don't start a new one.
Thanks. I'll wait. At least I have until May ;-)
Otherwise I will do it as you have suggested as the calender will have cells with all the dates anyway. However this will require quite many IF()'s but it's doable at least.
 
Upvote 0
Give it a while, if no response bump this thread, don't start a new one.
I found a solution myself: =IF(MONTH(NOW())>1,MONTH(NOW())*2.16+A1-2.16,A1)
This fomula will, if we have January, simply take my value in A1, if we have February it will take my A1 and add 2.16 (2*2.16-2.16) if we have March it will take A1 and add 4.32 (3*2.16-2.16) and so on.
Rather simple once I thought it through now that I had to update the calendar for 2022...
 
Upvote 0

Forum statistics

Threads
1,224,739
Messages
6,180,676
Members
452,993
Latest member
FDARYABEE

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