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Tax Interest calculation where demand is offset against deposits on FIFO Basis

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    Tax Interest calculation where demand is offset against deposits on FIFO Basis

    Hi,

    I need urgent help in automating interest calculation in case where the tax demand is adjusted against the deposits made on different dates. The deposits are utilized on FIFO basis.

    I have prepared a video on the process I follow to compute the interest manually. If someone can please look at it and help me automate the process I would be grateful.

    Link to the video youtube. watch?v=-7zr7kvL9Bo
    Last edited by AliGW; 01-27-2020 at 06:08 PM. Reason: Urgency irrekevant - removed from thread title.

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    Re: Urgent - Tax Interest calculation where demand is offset against deposits on FIFO Basi

    Cross-posted at: https://chandoo.org/forum/threads/ta...o-basis.43501/
    Please read Excel Forum's Cross-Posting policy in rule 8: http://www.excelforum.com/forum-rule...rum-rules.html
    Cheers,
    Paul Edstein
    [Fmr MS MVP - Word]

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