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$ per month formula
I am trying to put together a formula to track the amount of money we are bringing in per month per project. Not sure if I am doing it right... Any help would be appreicated.
Here is what I am coming up with so far -
=IF(Phase30)= "Construction", [Estimate $]30/Duration30)
I know they duration is only calculated in days - so there would be an additional column required to break it down into weeks and or months. but I am not sure how to get that first formula correct.
Thanks,
Comments
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Jill,
First things first, your formula is not correct syntax-wise. At the very least, remove the first close paranthesis.
=IF( Phase30 = "Construction", [Estimate $]30/Duration30)
This will be blank for a Phase that does not match "Construction" and will throw an error for any duration of 0 (like milestones or blanks)
Craig
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Beside,
Be careful that the data in 'Duration' column is what you need, Calendar days or Working days?
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