recycleaus
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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
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
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.
ASKER
Sorry Katie, didnt follow that exactly... can I ask that you put it in the actual excel document and attach it? Thanks
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ASKER
Thanks, that was pretty much what I was looking for so no complaints here :)