I could use some help writing an excel formula.
Case: Revenue is generated between 2 dates, Date A and Date B.
These dates could go into the next year and spread across quarters.
How can I split Revenue into Q1 Revenue, Q2 Revenue, Q3 Revenue, Q4 Revenue just based on my 2 dates and Total Revenue.
My thought was first identify which Qtr your dates fall into and then have an if statement that logically figures out the % and multiplies by the revenue.
Currently I'm using this formula to determine Qtr: =ROUNDUP(MONTH(DateA)/3,0).
Similarly for DateB.
Then, =if(DateAQtr=2, ((6/30/2013-DateA)/(DateB-DateA))*Revenue, 0)
There are clearly problems with this like, what happens if DateB(end Date) is in Q1 of the following year.
Denominator will always be Date B - Date A, giving you total days.
Numerator of Start Qtr is =(LastDayofQtr - Start).
Numerator of any quarters in the middle will be the full qtr length.
Numerator of End Qtr is =(EndDate - LastDayofPreviousQtr).
This is the logic. I'm trying to write into Excel formula to automate the process.
I made some named ranges to help see what is going on.
A2 = DateA, B2 = DateB, C2 = Revenue
A7 =DATE(YEAR(DateA),1,1) This is to establish the Q1 date for the DateA entered.
A8 =EDATE(A7,3) dragged down to cell A15 as in the picture. This returns the start of the next Quarter.
B7 =IF(AND(DateA>=A7,DateA<A8),A8-DateA,IF(AND(DateB>=A7,DateB<A8),DateB-A7,IF(AND(A7<DateB,A7>DateA),A8-A7))) This is checking how the dates compare to the Quarter start dates and returning the number of days our DateA and DateB date range contain for each Quarter.
C7 ="Q"&ROUNDUP(MONTH(A7)/3,0) dragged down to read the Qtr Start Date and return the corresponding Q#.
D7 =IF(B7=FALSE,"",C7&"-"&YEAR(A7)) returns the Q# and year when the days column is not false.
E7 =IF(D7="","",(Revenue/(DateB-DateA)*B7/Revenue)) This calculates the percentages of revenue that each quarter contains.
If you change the values of DateA or DateB everything still calculates properly. If you date range is larger than the two years displayed just drag the formulas down to expand the max range.
I hope this helps.
Related
I look for a code for the number of times a value is in a cell, on a monthly basis
So
1-1-19 KS
2-1-19
3-1-19 KS
.
.
1-2-19 KS
2-2-19
3-2-19
January 2
February 1
is this possible?
Assume that your dates are in column A, your KS is in column B.
In cell D1:D12 you have the first of each month entered and given a custom number format of mmmm so it just shows January, February, etc.
The formula =MATCH($D1,$A:$A,0) will give the row number that the month starts on.
For simplicity I'll call this Start_Row.
The formula =MATCH(EOMONTH($D1,0),$A:$A,0) will give the row number that the month ends on.
I'll call this End_Row.
The formula INDEX($B:$B,Start_Row):INDEX($B:$B,End_Row) will set a reference in column B to all rows between the first of the month and the end of the month.
I'll call this CountRange.
Now you just need to count what's in that reference using either:
=COUNTIF(CountRange,"KS") to count just KS
=COUNTA(CountRange) to count any non-blank cells.
So the full formula, without any helper columns, would be:
=COUNTIF(INDEX($B:$B,MATCH($D1,$A:$A,0)):INDEX($B:$B,MATCH(EOMONTH($D1,0),$A:$A,0)),"KS")
Keeping in mind that D1 contains 01/01/2019
I am creating a revenue recognition model that tells the user the specific months X amount of revenue falls into based on specific start date. For example, I have an invoice dated 1/1/17 for $1200 total in monthly services that will be incurred over the next 3 months ($400 per month)
I want to create the model so the user enters the invoice date "1/1/17", the invoice amount "1200", and the number of months the invoice amount is spread over. In this case "3".
The model is setup with 24 columns which have the MM/YYYY header in each column. "Jan 2017, Feb 2017..Dec 2018". As the user enters the date, amount and # months, the values per month "400" will populate in Jan, Feb, and March 2017. The remaining months will have zero or be blank because no revenue will be allocated in those months.
I don't want anyone to give me the answer here, but I don't even know if this is possible in excel without using VBA. Some insight in how to get started would be helpful. Thanks!
This could be a start:
B1, B2 and B3 are the input cells. B1 must be a date not a string.
D1 to O1 are the months. The values must be dates, not strings, but could then be formatted to show only month and year. Format MMM YYYY for example.
You need only inputting D1 and E1 as dates 2017-01-01 and 2017-02-01, then select D1:E1 and fill to right. Then a series will be created having from step to step the difference of E1 - D1, which is 1 month in this example.
Formula in D2 is
=IF(AND(D$1>=DATE(YEAR($B$1),MONTH($B$1),1),D$1<=DATE(YEAR($B$1),MONTH($B$1)+$B$3-1,1)),$B$2/$B$3,"XX")
and can be filled to right as needed. In the example up to O2.
Now if you are changing any of the input cells, the values in D2 to O2 will also changing due to the formula.
I've got three columns of data.
Sell Date - Column G - Contains the day, month and year in dd/mm/yyy format.
Month (calculated from sell date) - Column I - Contains month number
Profit - Column M - Profit in Dollars.
I am trying to calculate the profit made in each month and year.
Current formula using SUMIFS. I look at the data in Column I and if this contains a 1, and if G contains the year 2016 then it's January 2016. Think it's the year function that I don't quite get.
=SUM(SUMIFS(M9:M50, I9:I50, {"1"}, G9:G50, YEAR=2016))
You can create another column that shows just the year year(G2) or you can use this formula
=SUMIFS(M9:M50,G9:G50,">=1/1/2016",G9:G50,"<1/2/2016")
I also like this formula that allows you to reference the date in one cell and calculate a 1 month range. Put 01/01/2016 in cell A1 and the formula does the rest.
=SUMIFS(M9:M50,G9:G50,">="&A1,G9:G50,"<" & EDATE(A1,1))
The SUMIFS function doesn't like it when you alter the value of the IF parameters. It would be better to use a SUMPRODUCT formula to calculate this, for example:
=SUMPRODUCT((M9:M50)*(I9:I50=1)*(YEAR(G9:G50)=2016))
Where:
(M9:M50) are the values you wish to SUM.
(I9:I50) are the month values and 1 is the month you wish to specify.
(G9:G50) are the date values you wish to obtain the year from and 2016 is the year you are specifying.
Assume that we are currently in the month March. I have a table with all the months and a list of products. Inside each column i have the number sales a product has made on that month, like so:
Notice i have a cell containing "Total until current month". I would require a formula to find out the total amount of sales of a specific product (product A for example) up until March (current month) as you can see with the manually typed 6, 1 in Jan and 5 in Feb.
I would usually do this by finding the sum of cell C4 and D5. But this should be 1 dynamic formula that is updating as we progress onto next month. So as an exammple, in April, it will find the sum of cell C4 - E5 (Jan - March) and update the value.
Is this possible?
Regards
Put a helper row above the month names that has the month numbers 1-12.
Then use SUMIFS():
=SUMIF($C$2:$N$2,"<=" &MONTH(TODAY()),C4:N4)
You could hide that row so it is not visible and not readily accessible.
In row 3 put month numbers. Now if in cell Q4 you have a month number that you want to relate to use:
=SUMIF($C$3:$N$3,"<"&$Q$4,C5:N5)
for sum of A and drag down for other products.
If you want to pick the product you want sum for and have it all in one cell, then assuming that in cell R4 you have your product name (e.g. "B") write
=SUM((C3:N3<Q4)*C5:N6*(B5:B6=R4))
and press ctrl+shift+enter.
The simplest solution is to leave E4 through N4 empty. Only put a value in E4 once March is complete and you have a value for March. This will allow a formula like:
=SUM(C4:N4)
for Product A
I have a list of sales data that includes the date of the sale and also a sales type code. I'm trying to use COUNTIFS to count how many sales of a specific type there were during each month .
So for example:
Date. Sales Type Code
10/01/2014. S
12/01/2014. S
15/01/2014. O
18/01/2014. S
02/02/2014. O
08/02/2014. S
Would give me the following results:
Code S
January - 3
February - 1
Code O
January - 1
February - 1
I have the formula
COUNTIFS('SALES LEDGER'!A:A,F2,'SALES LEDGER'!C:C,"<"&EOMONTH('MONTH Sales by Sales Type'!$C$1,0)+1)
Where A:A is the list of Sales Type Codes, F2 is the code I want to count, C:C is the list of dates and C1 is the first of the month I want to count (ie. 01/01/2014).
This works fine for January, giving me the expected result. But when I change C1 to 01/02/2014, it counts January and February together, rather than just February.
If anyone has any suggestions it would be appreciated!
Thanks
Your COUNTIFS formula specifies an end date but no start date, if you want to count for a specific month and year (based on C1) you need another criterion to specify the start date using C1, i.e.
=COUNTIFS('SALES LEDGER'!A:A,F2,'SALES LEDGER'!C:C,"<"&EOMONTH('MONTH Sales by Sales Type'!$C$1,0)+1,'SALES LEDGER'!C:C,">="&'MONTH Sales by Sales Type'!$C$1)
You could use this one (if your range with dates doesn't contain empty cells):
=SUMPRODUCT((MONTH(A2:A100)=1)*(B2:B100="S"))
or (if your range could contain empty cells)
=SUMPRODUCT((TEXT(A2:A100,"mmm")="Jan")*(B2:B100="S"))
If you need to add also year condition, just add *(YEAR(A2:A100)=2014) in any formula:
=SUMPRODUCT((TEXT(A2:A100,"mmm")="Jan")*(YEAR(A2:A100)=2014)*(B2:B100="S"))
Assuming:
it is amenable to use helper columns
Dates in col A
Sale Type Codes in col B
Results placed from A9:C11
Screenshot:
Add a helper col C to extract Month from date. Add this formula in C2 and drag down:
=TEXT(A2,"Mmm")
Add this formula in B10 and drag down and across:
=COUNTIFS($B$1:$B$7,B$9,$C$1:$C$7,$A10)
with the code below you can retrieve the month each date is in:
dim objDate as Date
dim i as integer
dim intMonth as integer
for i = 2 to 'number of row
objDate = CDate(cells(i, 1))
intMonth = Month(objDate)
next i
After figuring out the month with a simple loop you can count the number of sales in each month.