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Accounting Problem. Payment need to be segregated correctly.

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    Accounting Problem. Payment need to be segregated correctly.

    Im working on a spreadsheet for loan payments. Basically I need the payment segregated into Penalty, Interest then Principal. Ive attached a sample sheet and my very very noobish attempt at formula making for the first time. Id really appreciate any help or insight you can give me. Thanks in advance!
    Attached Files Attached Files

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    Forum Expert Vikas_Gautam's Avatar
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    Thumbs up Re: Accounting Problem. Payment need to be segregated correctly.

    Okay,
    check the attached file and tell if it was what you were trying to achieve.
    Attached Files Attached Files
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    Vikas Gautam
    Excel-buzz.blogspot.com

    Excel is not a matter of Experience, its a matter of Application.

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    Re: Accounting Problem. Payment need to be segregated correctly.

    It works great! Thanks a lot Mr. Vikas. Im going to pour over through your formula so I can learn the syntax and reasoning more. I can finally move on to the next part of my work. Much gratitude again sir!

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