I have a simple amount due to contractors and a schedule of payments when
they reach certain points in the job (ie 25% 50% 75% 100%). The calculations
work out fien if everything goes according to schedule. But, if we amend the
contract and increase the contract price, say, after the 50% payment is
made....when I change the original amount, the two pyments already made will
now change to their respective percentage of the NEW total amount. I don't
want my data entry person to have to manually figure the payments. Is there
a simple fix for this issue?
Example:
Original Data
Formula Amount
Calculated
Contract Amount $5,000
25% Down Contract Amount*.25 $1250
50% Payment Contract Amount*.25 $1250
Change in Contract
Contract Increased to $6000
If I change the Contract Amount, then even though I had paid $1250x2, it
will now reflect that I paid $1500x2
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StompS
Portland, OR
http://www.geocities.com/pdxinvestr/Stomps.html
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