formulas

Im trying to calculate the remaining amount to be billed on a project based on the Job % of completion, factoring in the original contract amount, the deposit and remaining amount that is due

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Best Answer

  • Michelle Choate 2
    Michelle Choate 2 ✭✭✭✭✭✭
    Answer ✓

    Maybe something like = ([Original Contract Amount]@row - Deposit@row) *(1-[Job % of Completion]@row)

    Or if you want it based off the Original Contract Amount to find the total due, then remove the Deposit, it would be something like: = ([Original Contract Amount]@row *(1-[Job % of Completion]@row)) - Deposit@row

    Michelle Choate

    michelle.choate@outlook.com

    Always happy to walk through any project you need help with! Book time with me here: https://calendly.com/michelle-choate

Answers

  • Michelle Choate 2
    Michelle Choate 2 ✭✭✭✭✭✭
    Answer ✓

    Maybe something like = ([Original Contract Amount]@row - Deposit@row) *(1-[Job % of Completion]@row)

    Or if you want it based off the Original Contract Amount to find the total due, then remove the Deposit, it would be something like: = ([Original Contract Amount]@row *(1-[Job % of Completion]@row)) - Deposit@row

    Michelle Choate

    michelle.choate@outlook.com

    Always happy to walk through any project you need help with! Book time with me here: https://calendly.com/michelle-choate

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