Pay Date Based on Sales Date

[dfelmey]

Hello, I am trying to figure out how to calculate based on the following. The 'closed' date will be in Cell A2.


If closed transaction on 7/27, pay on Friday 8/17
If closed transactor on 7/11, then pay would be on Friday 8/3.

Any transaction that closed between the 1^st and the 15^th of the month will be paid on the first pay of the following month.
Any transaction that closed between the 16^th and the 31^st of the month will be paid on the second pay of the following month.

Current pay dates:
August 3, 2018
August 17, 2018
August 31, 2018
September 14, 2018
September 28, 2018
October 12, 2018
October 26, 2018
November 9, 2018
November 23, 2018...

Thank you for your help.

 

[Tetra201]

Maybe

=WORKDAY.INTL(EOMONTH(A2,0),1+ISEVEN(WEEKNUM(WORKDAY.INTL(EOMONTH(A2,0),1,"1111011")))+2*(DAY(A2)>15),"1111011")