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loudfish loudfish is offline
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Default Calculate date when funds run out based on current usage

On 9 May, 22:07, Alissa Wing <Alissa
wrote:
I need to create a formula that will estimate when an amount of funds will
run out based on current usage.

If:
TOTAL APRIL SPEND O91: =SUBTOTAL(9,O2:O89)
Purchase Order TOTAL O93: $1,791,260.00
TOTAL SPENT THROUGH 4/28/07 O94: =O91+'MARCH BILLINGS ''07'!O61
FUNDS REMAINING ON PO O95: =O93-O94

I need a formula that will calculate on what date O95=0 if monthly spend
continues at April amount. Please help!!! =)


Assuming the Daily Spend is O91 / 30,
Then the Number of Days Remaining is O95 / (O91 / 30)

So the funds will run out on 4/28/07 + (O95 / (O91 / 30))

If you type 4/28/07 in a cell (Lets say A1), then you can add dates:

=A1+ (O95 / (O91 / 30)).

HTH

Andrew