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Formula for amount on previous month based on current month

  1. #1
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    Question Formula for amount on previous month based on current month

    I'm asking for the best probable formula for my ageing account, for example,

    DATE ENTITY INVOICE AMOUNT
    23-Nov-13 Entity 1 Invoice 1 3,315.66
    23-Nov-13 Entity 2 Invoice 2 11,532.65
    12-Dec-13 Entity 3 Invoice 3 2,524.50
    6-Jan-14 Entity 4 Invoice 4 2,000.34
    6-Jan-14 Entity 5 Invoice 5 3,349.28
    6-Jan-14 Entity 6 Invoice 6 1,072.59
    13-Jan-14 Entity 7 Invoice 7 6,697.69
    13-Jan-14 Entity 8 Invoice 8 10,626.12
    13-Jan-14 Entity 9 Invoice 9 2,148.61
    6-Feb-14 Entity 10 Invoice 10 3,349.28
    8-Feb-14 Entity 11 Invoice 11 4,494.06
    8-Feb-14 Entity 12 Invoice 12 3,383.84

    < 30 DAYS 31 - 60 DAYS > 61 DAYS
    ? ?? ???
    what would be the best formula to compute the amount from previous months that would automatically update, in addition to Alt+= then click the amount. Thank you.

  2. #2
    Forum Guru :) Sixthsense :)'s Avatar
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    Re: Formula for amount on previous month based on current month

    Try this formula...

    Change the reference A1 to your date cell

    =IF(ISNUMBER($A1),IFERROR(VLOOKUP(TODAY()-$A1,{1,"< 30 Days";60,"> 30<60 Days";61,">61 Days"},2,1),"Not Due"),"")


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  3. #3
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    Re: Formula for amount on previous month based on current month

    To Sixthsense Forum Guru,

    Thanks but quite bit close. The analysis came FALSE..Our current date is February 21, 2014 and I need the amount that is over 60 days (Dec. 2013 downwards - 17,372.81); 31 - 60 days (month of January 2014 - 25,894.63) Less than 30 days (month of February - 11,227.18), and will automatically update as time goes by. Please help..

    Many thanks and regards

  4. #4
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    Re: Formula for amount on previous month based on current month

    So this isn't as elegant as a single formula, but you can hide the extra column if needed. It should update based on today's date.
    Attached Files Attached Files

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    Re: Formula for amount on previous month based on current month

    To cffndncr,

    Thanks, I think this might help a little bit.

    Best regards

  6. #6
    Forum Guru :) Sixthsense :)'s Avatar
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    Re: Formula for amount on previous month based on current month

    @ Yu Marquez,

    What you are looking for has been nicely given by cffndncr in Post #4.

    So I believe, it covers your expectation

  7. #7
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    Re: Formula for amount on previous month based on current month

    I do what I can

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