=IF(DAY(A2)=26,86.72,"whatever answer you want in the other situations")
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David Biddulph

"Needing help at new job"
wrote in message ...
I'm trying to set up a spreadsheet to help me with my job. I track/audit
accounts for a man that does private lending. Here is what I'm trying to
do:

I need a formula for "if the date in column A is 26th of each month or
later, I need column E to be a late fee of $86.72"

I really seem to have problems when it comes to the "if" fuction so I
really
appreciate any help.

Thanks,
Heidi