Solved

Need an excel formula

Posted on 2011-09-16
4
290 Views
Last Modified: 2012-05-12
I am still working on the project from my last question.  I would like a formula that will allow me to have sum the payments made during any given year so I have a Payments YTD on the report.  I need it will automatically populate in the Report tab when i make changes in the "Data" tab.  The document is attached.
Copy-of-Amortization-on-a-Simple.xls
0
Comment
Question by:binaryman101
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
  • 2
4 Comments
 
LVL 7

Expert Comment

by:BusyMama
ID: 36550732
Will this work for you?

SUMIFS(Data!C16:C11015,Data!B16:B11015,">1/1/2011",Data!B16:B11015,"<1/1/2012")

You would have to update the dates each year.
0
 
LVL 8

Accepted Solution

by:
ragnarok89 earned 500 total points
ID: 36551153
You could also use: =SUMIF(Data!B16:B11015,"<=" & TODAY(),Data!C16:C11015)

so your spreadsheet always sums all payments made today or previous.

If you would prefer to manually set the date: =SUMIF(Data!B16:B11015,"<=" & xxx,Data!C16:C11015)

where xxx is a cell address that contains a date (such as d13 on the Report Tab).

Al
0
 

Author Comment

by:binaryman101
ID: 36551410
That worked well, but now I am in need of a more complicated formula.  I have updated a few things in the spreadsheet, so I am attaching the new one so you can understand what I am trying to ask.  I need Cell C16 in the Report tab to equal the amount of interest paid for the payment made on the "today's payment."  In the Data tab that would be any time that the "Interest Accrual Account" column goes from one $0.00 to the next $0.00.  For example: the payment on 11/18/2011, the interest paid would be the sum of Cell G62:G64.  But if we make payments on different dates, we would need the range of the interest to also change respectively.  Is there such a formula??
Copy-of-Amortization-on-a-Simple.xls
0
 

Author Closing Comment

by:binaryman101
ID: 36551710
awesome thanks
0

Featured Post

Free Tool: Subnet Calculator

The subnet calculator helps you design networks by taking an IP address and network mask and returning information such as network, broadcast address, and host range.

One of a set of tools we're offering as a way of saying thank you for being a part of the community.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Excel can be a tricky bit of software to get your head around. Whilst you’ll be able to eventually get to grips with the basic understanding of how to get by, there are a few Excel tips that not everybody will even know about let alone know how to d…
This article describes how you can use Custom Document Properties to store settings and other information in your workbook so that they will be available the next time you open the workbook.
This Micro Tutorial demonstrate the bugs in Microsoft Excel for Mac with Pivot Charts.
This Micro Tutorial will demonstrate in Microsoft Excel how to add style and sexy appeal to horizontal bar charts.

615 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question