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taxmom
 
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Default IF Function with Date revised question

Hi,

The previous answer from Michael was great. However, I realized that I will
have more than 7 nested If statements.
I didn't need the year so, I took it out of the equation.

Is there a way to streamline the formula for 12 months?

the previous answer =if(and(month(d1)=1,B10,if(and(month(d1)=2,C10,0))

cell: D1 will change from January to December (each months return)
Cells: B10, C10, E10, D10, etc for 12 months - contains prepayment amounts.

As the months change I need the formula to look at the current date and
return the previous months prepayment amount.
There is a formula from the current return that fills this schedule on a
monthly basis.

The prepayment schedule looks like this:

location dec jan feb etc
1 boca raton 5,000 6,000 7,000
2 St John 2,000 1,000 7,000
etc.

The formula will be individual for each location return.
Should I use a lookup and range name the location and date?

Any suggestions?