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Problems with creating a flexible week forecast

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  1. #1
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    07-27-2006
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    UK
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    Excel for MS 365 MSO
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    Problems with creating a flexible week forecast

    I am currently building an expected payments receipt forecast based on terms of 42 days. The product we are selling is essentially a holiday, so I need to factor in when the receipt would be expected 42 days (and want this to be flexible, adjustable) before the customer arrival date.

    I have broken my forecast periods into months, unfortunately unable to do it in weeks as the data is not available.

    I currently use the 42 days in fraction form to represent a month. (42/365 * 12 = 1.38) and hopefully use this to drive the month in which the due amount would fall.
    Obviously, the immediate problem I am experiencing is that using this, the formula (in cells c15 to n26) will only pick up greater than or less than a whole number. so by design the 1.38 will default to 2.

    This isnt good enough for my calcs. Any ideas on how I would factor in the fraction?

    One way I thought of would be take the amount and then multiple by a fraction and add on to the balance due i.e. 1 month + 0.38 of the month.
    But is there an easier way?

    Probably need to look at the attached to understand as I dont think ive explained it very well!
    Attached Files Attached Files
    Last edited by Trick; 07-20-2010 at 08:13 AM.

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