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#1
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Formula Help
This is a tricky one but hopefully someone will be able to help. I need to
create a formula that can will give me an updated date based on dates. I have a effective date and term of contract. Now if the contract is renewable I want the formula to be able to look at the effective date and extend it out by the term, say 5 years, and give me the new date if that day hasn't passed the current day. If it has then extend the contract by the term again. My thought is that only a very intricate IF function will work. I think I have it but am having trouble getting into formula terms. Here's what I have =IF(I3="Y",=IF(Time Between the current date and the effective date is =< the term, then the effective date plus the term,effective date),=IF(Time between the current date and the effective date is =< the term, then the effective date plus the term, effective date)) |
#2
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Formula Help
Hi, I'm not sure if this is what your looking for but try this: =IF(A1="y",IF(DATEDIF(B1,TODAY(),"d")<=C1*365.24,B 1+C1*365.24,B1+(2*(C1*365.24))),"") B1 - effective date C1 - term in years Hope this helps JG -- pinmaster ------------------------------------------------------------------------ pinmaster's Profile: http://www.excelforum.com/member.php...fo&userid=6261 View this thread: http://www.excelforum.com/showthread...hreadid=482987 |
#3
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Formula Help
Thanks!!!!! That worked perfectly!!
TDawg1831 "pinmaster" wrote: Hi, I'm not sure if this is what your looking for but try this: =IF(A1="y",IF(DATEDIF(B1,TODAY(),"d")<=C1*365.24,B 1+C1*365.24,B1+(2*(C1*365.24))),"") B1 - effective date C1 - term in years Hope this helps JG -- pinmaster ------------------------------------------------------------------------ pinmaster's Profile: http://www.excelforum.com/member.php...fo&userid=6261 View this thread: http://www.excelforum.com/showthread...hreadid=482987 |
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