Projection forecasting for monthly predictions

Joeclupis

Board Regular
Joined
Jun 18, 2016
Messages
63
I am trying to generate a formula that will use one cell whose contents will change daily, to predict a total amount by the end of the current month. I would like for this to a month to month formula, that is only for the current month.

The layout of my sheet is:

[TABLE="class: grid, width: 500"]
<tbody>[TR]
[TD]MONTH[/TD]
[TD]AMOUNT[/TD]
[TD]PREDICTION[/TD]
[/TR]
[TR]
[TD]JAN[/TD]
[TD]3730.3[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]FEB[/TD]
[TD]3238.6[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]MAR[/TD]
[TD]6082.4[/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]


The amount column looks to a different page that in turn pulls its data from yet another page. I would like for the prediction column to generate a number based on the average daily sales (amount/current day - 1)*number of days in current month. the -1 is because we pull data at midnight for the previous day.

I thank you for your assistance.
 

Excel Facts

What did Pito Salas invent?
Pito Salas, working for Lotus, popularized what would become to be pivot tables. It was released as Lotus Improv in 1989.

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