Sorry, my mistake. Change Ceiling to Roundup, and it should work.

Fred.

"WLMPilot" wrote in message
...
Thanks for your help. I have only had a chance to insert the formulas you
suggested. Having problem with CEILING formulas returning a zero, but I
will
figure it out. Thanks for you help.

Les

"Fred Smith" wrote:

From what I can see, your spreadsheets assume that payments are actually
made on the day required. In most industries, this is an unsafe
assumption,
but it's up to you. If it's valid, then try the following changes:

H3: I assume your calculation is =E3*J3. Change this to =min(g3,e3*j3)
J3: Change to =Ceiling((today()-q3)/30.417,0) as your formula will fail
when
the final payment is less than 50% of the monthly.
K3: Change to =Ceiling(g3/e3,0)-j3 for same reaon.
N3: Could be calculated as =day(q3)
R3: Change to =date(year(q3),month(q3)+j3+k3,day(q3))

Regards,
Fred.

"WLMPilot" wrote in message
...
I am trying to create a worksheet that will track payments made on an
account. I do not have the use of EDATE()

GIVEN:

E3 = Payment made each month. 25.00 until bal < $25 on 5th pmt
G3 = Starting Balance 114.90
H3 = Amount of Total Pmts made (calculated)
I3 = Current Balance (=G3-H3)
J3 = # of Pmts Made
Calculated -- ROUND((TODAY()-Q3)/30.417,0)
K3 = # of Pmts Remaining
Calculated -- ROUND(G3/E3,0)-J3
N3 = Due Date: 30 -- Not given as a date value but numeric value, ie
15th, 20th.
Q3 = Start Date 6/30/08 (entered by user)
R3 = Stop Date 10/16/08 -- calculated:
Q3+(INT((G3/E3)*30.417)-30.417)

In this example, there are 4 equal pmts of $25, which leaves a 5th and
final
payment of $14.90.

Need help calculating H3. It is easy to calculate cumulative total of
pmts
as long as they are equal pmts, ie $25. However, the last pmt will be
$14.90
in this example.
I need help calculating this.

Also need help with formula in Stop Date (R3). Note that the "Due Date"
is
the 30th, but the "Stop Date" is calculated to be the 16th of Oct.
Need
it
to also be the 30th.

I appreciate any help with this!

Thanks,
Les