Link to home
Start Free TrialLog in
Avatar of recycleaus
recycleausFlag for Australia

asked on

Expand Leasing Table

I have a leasing schedule (see attached) and I trying to create a payment schedule based on the table that you see in the attached.

To summarise what I am trying to do you can see on line 2 there is an asset which we commenced leasing on 2/4/11 on a 60 month term and we now have 8 repayments left. What I would like to see based on this is an expanded payment schedule showing that in Sep, Oct, Nov, etc we have $1500 (approx) to pay and then this would also obviously occur for allow assets.

So for e.g..
Sep-15      Oct-15      Nov-15      Dec-15      Jan-16      Feb-16      Mar-16      Apr-16      May-16      Jun-16
Isuzu Truck YGL 160 - Tasmania      1,523      1,523      1,523      1,523      1,523      1,523      1,523      1,523            
Isuzu Truck YGL 161 - Victoria      1,523      1,523      1,523      1,523      1,523      1,523      1,523      1,523            
Isuzu Truck YGL 173 - Queensland      1,528      1,528      1,528      1,528      1,528      1,528      1,528      1,528            
Hyster Forklift 3144J - Queensland      2,043      2,043      2,043      2,043      2,043      2,043      2,043      2,043      2,043      
Hyster Forklift 3107H - Tasmania      2,043      2,043      2,043      2,043      2,043      2,043      2,043      2,043      2,043      
Hyster Forklift 3104H- Victoria      2,043      2,043      2,043      2,043      2,043      2,043      2,043      2,043      2,043      
Isuzu Truck YBX917 - Victoria      1,335      1,335      1,335      1,335      1,335      1,335      1,335      1,335      1,335      1,335

So as an asset was paid off obviously it would disappear from that months required payments.

I want this payment schedule to be generated ‘semi-automatically’ based on the table so as we add assets we can easily update our payment schedule.

Thanks a lot.
HP-Contract-summary---Recycal.xlsx
Avatar of Katie Pierce
Katie Pierce
Flag of United States of America image

Try creating a column with each of the months you want (say, in column Q) in Date format, then this formula in the next column: =SUMIFS(F$2:F$68,M$2:M$68,">Q2").  Drag down for all the rows of monthly dates.  This should sum all the monthly payments for leases that have not hit their termination date yet.
Avatar of recycleaus

ASKER

Sorry Katie, didnt follow that exactly... can I ask that you put it in the actual excel document and attach it? Thanks
ASKER CERTIFIED SOLUTION
Avatar of Katie Pierce
Katie Pierce
Flag of United States of America image

Link to home
membership
This solution is only available to members.
To access this solution, you must be a member of Experts Exchange.
Start Free Trial
Thanks, that was pretty much what I was looking for so no complaints here :)