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Need help creating a formula that automatically reallocates unspent funds
So lets say I have $10,000 to spend in travel from Jul to Jun. For budgeting purposes I have spread this evenly throughout the whole year ($833.33 per month). However, I am not spending it this consistently. In fact, I haven't spent any of it for the first three months of the year. I want to spend it all or I will lose it.
My spreadsheet is dynamic so when I update the month it looks for values in a database and reflects actual costs. Since I did not have any travel expenses in the first three months it assumes that money will not be spent and the new projected spend is $7,500 because the first three months are now empty. I need a formula that will take the $10,000 and evenly allocate it across the remaining 9 months, so each month would show a budget of $1,111.11 now. I need the formula to update every time I change the month and to basically do this calculation and spread it evenly across the remaining months: (Original budgeted amount ($10,000)  money spent through current month($0)) / remaining months in the year(9 months). My current formula after the Vlookup to pull from the database is as follows: IF(Firstmonth (greater than) currentmonth, 10,000/12,0) Last edited by Wangs930 : October 13th 17 at 03:13 PM 
#2




Need help creating a formula that automatically reallocatesunspent funds
Hope this can help. (attachment) Best regards DM 12.10.2017. u 17:43, Wangs930 je napisao/la: So lets say I have $10,000 to spend in travel from Jul to Jun. For budgeting purposes I have spread this evenly throughout the whole year ($833.33 per month). However, I am not spending it this consistently. In fact, I haven't spent any of it for the first three months of the year. I want to spend it all or I will lose it. My spreadsheet is dynamic so when I update the month it looks for values in a database and reflects actual costs. Since I did not have any travel expenses in the first three months it assumes that money will not be spent and the new projected spend is $7,500 because the first three months are now empty. I need a formula that will take the $10,000 and evenly allocate it across the remaining 9 months, so each month would show a budget of $1,111.11 now. I need the formula to update every time I change the month and to basically do this calculation and spread it evenly across the remaining months: (Original budgeted amount ($10,000)  money spent through current month($0)) / remaining months in the year(9 months). My current formula after the Vlookup to pull from the database is as follows: IF(Firstmonthcurrentmonth, 10,000/12,0) 
#3




Why can't I find the attachment anywhere?
Last edited by Wangs930 : October 13th 17 at 08:01 PM 
#4




Need help creating a formula that automatically reallocatesunspent funds
I need the formula to update every time I change the month and to
basically do this calculation and spread it evenly across the remaining months .. . . . . Here is a test spreadsheet that shows my formula if it helps: https://www.dropbox.com/s/qotn6licdg...heet.xlsx?dl=0 I'm hoping the following might help getting started. Change the formula in cell F12 of Test_Sheet tab '12345678', by replacing "$E12/12" by the following fragment: ($E$12SUM(OFFSET($E$13,0,1,1,DATEDIF($F$9,$F$8,"M")+1)))/ (11DATEDIF($F$9,$F$8,"M")) Then copy F12 across to Q12. In this fraction, the numerator is the budget remaining (the original minus the historical months' consumption); the denominator is the number of months remaining. Test_sheet has 4 months of historical data (rather than 3), leaving $9,500 to be spread across the 8 remaining months, giving $1,187.50 per month. 
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