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defer revenue across month-end

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    defer revenue across month-end

    hi everyone...hope this will be simple for one of you excel geniuses...!

    I have a sales item that is billed as a lump sum. (lets say it is $10,000)
    included in this lump sum are three components as follows: a "build" ($6,000), a "21 day rental" ($2,000) and a "decommission" ($2,000)

    When i charge my client for the lump sum i may need to defer some of the revenue for the rental & decommission components depending on when the build date is
    e.g if i build on 5-March then there is no deferment as the 21 days rental all falls within the same month as the build.
    e.g. if i build on 22-May then i will have to defer 11 days of the rental (last day of the month - day 22 = 11 days) and all of the decommission into my June revenue.

    hope that makes sense...? Is there a simple calculation i can use to apportion the rental days across two months if i need to.? It's just the rental splitting based on dates i am struggling with due to the different days in each month
    I've not done much excel with date functions before so hoping i can learn from someone clever on here...
    any questions please shout back

    cheers legends.!

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    Forum Expert Olly's Avatar
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    Re: defer revenue across month-end

    Please attach a sample workbook (not a picture or pasted copy). Make sure there is just enough data to demonstrate your need. Include a BEFORE sheet and an AFTER sheet in the workbook if needed to show the process you're trying to complete or automate. Make sure your desired results are shown, mock them up manually if necessary.

    Remember to desensitize the data.

    Click on GO ADVANCED and then scroll down to Manage Attachments to open the upload window.
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    Re: defer revenue across month-end

    spreadsheet example attached
    Attached Files Attached Files

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    Re: defer revenue across month-end

    updated with a better example hopefully
    Attached Files Attached Files

  5. #5
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    Re: defer revenue across month-end

    You could use something like this (pop it in H19, and copy down):

    Formula: copy to clipboard
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    Re: defer revenue across month-end

    thanks Olly, yes i found EOMONTH function and played around with it until it worked.

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