How to split a value into monthly amounts using start and end dates?
Hello,
My question is: I would like to split up the value in the "estimated budget" column into the the monthly columns using a formula that is based on the start and end date columns.
Is this possible?
Thanks a lot!
Best Answers
-
Hi,
Chances are you're after the Prorate function (https://help.smartsheet.com/function/prorate).
Example for January:
=PRORATE(
[Estimated Budget (including markup but pre-tax)]@row,
[Projected Start Date]@row, [Projected Completion Date]@row,
DATE(2020, 1, 1), DATE(2020, 1, 31))
Aside: it would be nice to auto-calculate eom here, but as far as I know there's' no dedicated function for it, and using the workaround is likely too cumbersome to be beneficial...nonetheless, here's a reference: https://community.smartsheet.com/discussion/6308/how-to-get-eom-end-of-month
-
This is perfect, thank you!
Answers
-
Hi,
Chances are you're after the Prorate function (https://help.smartsheet.com/function/prorate).
Example for January:
=PRORATE(
[Estimated Budget (including markup but pre-tax)]@row,
[Projected Start Date]@row, [Projected Completion Date]@row,
DATE(2020, 1, 1), DATE(2020, 1, 31))
Aside: it would be nice to auto-calculate eom here, but as far as I know there's' no dedicated function for it, and using the workaround is likely too cumbersome to be beneficial...nonetheless, here's a reference: https://community.smartsheet.com/discussion/6308/how-to-get-eom-end-of-month
-
This is perfect, thank you!
Help Article Resources
Categories
- All Categories
- 14 Welcome to the Community
- Customer Resources
- 64.8K Get Help
- 434 Global Discussions
- 138 Industry Talk
- 470 Announcements
- 4.9K Ideas & Feature Requests
- 129 Brandfolder
- 148 Just for fun
- 65 Community Job Board
- 486 Show & Tell
- 33 Member Spotlight
- 2 SmartStories
- 300 Events
- 36 Webinars
- 7.3K Forum Archives
Check out the Formula Handbook template!