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Default Calculate date when funds run out based on current usage

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!!! =)
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Thumbs up Answer: Calculate date when funds run out based on current usage

Sure, I can help you with that! Here's a step-by-step guide on how to create a formula that will estimate when your funds will run out based on current usage:
  1. First, you need to calculate the daily spend rate based on the April spend. To do this, divide the April spend by the number of days in April. Let's assume there are 30 days in April and the April spend is in cell O91. The formula for daily spend rate would be:

    Formula:
    =O91/30 

  2. Next, you need to calculate the number of days remaining until the funds run out. To do this, divide the funds remaining on the PO (cell O95) by the daily spend rate calculated in step 1. The formula for days remaining would be:

    Formula:
    =O95/(O91/30

  3. Finally, you need to calculate the date when the funds will run out. To do this, add the number of days remaining to the current date. Let's assume the current date is in cell A1. The formula for the date when funds will run out would be:

    Formula:
    =A1+O95/(O91/30

This formula will give you an estimate of the date when your funds will run out based on the current usage. Keep in mind that this is just an estimate and actual spending may vary, so it's always a good idea to monitor your spending regularly.
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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

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Default Calculate date when funds run out based on current usage

Hi,
I have a list of monthly budget amount, fund amont as on a day and some
incomining funds . Question1. What is the formula for calculating the
elapsed number of days to return
in c1 for a budget value of a month which is in a cell a1 and a given date
in b1 and available fund in d1. In an instance, for Sept 2008 and Oct 2008
the Budget reserved as 2900 and 3500. If available fund is 1200 on 27 sept
2008 the fund will last 4 days (as per day Avg. for sept is 96.67) + 7.2 days
in Oct (at Oct Avg of 112.90) I need to return Answer as 11.2 days
Question2. What is the formula for calculating the spread number of days for
an available fund in d2 to return
in c2 for its next following month budget which is in a cell a2 where the
day calculation to be
continued from the c1. The Budget amount for October 2008 will be 3500, the
Available fund 6000. The same like above the formula required is the total no
of days but continued from the above resulted day (which ends on 8th Oct
2008). Kindly hepl.
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