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!
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