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Formula for pulling Month End Balances

  1. #1
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    Formula for pulling Month End Balances

    I have one table with a list of daily balances. Column A is a list of all dates, Column B & C have balances.

    I have another table with a list of month end dates (1/31/11, 2/28/11, 3/31/11, etc..)

    To set up a formula to pull in the month-end balance, the obvious answer would be a VLookup formula. However, the first table does not have any balances for weekend dates or holidays. So, if the last day of January is a Saturday, I'll want to pull in the 1/30 balance instead of the 1/31 balance.

    Also, for the current month, I'll want to pull in the last day that has balances. So, if today is 11/22 and the last day that data was entered was for 11/21, I'll want to see 11/21 data instead of 11/30.

    Is there an option for poulling the data without manually changing the dates in the 2nd table?

    Thanks.

  2. #2
    Forum Moderator - RIP Richard Buttrey's Avatar
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    Re: Formula for pulling Month End Balances

    Hi,

    Use an =INDEX(MATCH()) compound formula. e.g.

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    Richard Buttrey

    RIP - d. 06/10/2022

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  3. #3
    Forum Expert royUK's Avatar
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    Re: Formula for pulling Month End Balances

    A PivotTable might be better, group by months
    Hope that helps.

    RoyUK
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