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Subscription advance payments

Jorge de Sousa

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November 26, 2021 - 6:48 pm

Thank you for the previous guidance, which has partially solved my problem.

Please see attached my spreadsheet at the moment, where all for the income statement amounts seems to be working ok, except the advance payment amount for the balance sheet... on cells I85, J85, etc

I have inserted receipt values for months Jan to Dec 2021, just to test my calculations. Obviously at eg, March 2021 month end, I would only have receipts from say Jan to Mar.

Cell H85 will work if there are only ARPU amounts for the Jan 2021 period.

When Feb 2021 amounts are received, then the advance payments in cell I85, balance at the end of Feb 2021, should be the total receipts from Jan + Feb less the income statement amounts for these 2 months.

I am inputting the month end closing date in cell E85 each month end to determine the IS and BS values.

How do I calculate the advance payments amount at eg, Feb 2021 month end?

Is there a formula that adds up ONLY the TOTAL Jan & Feb receipts (or any months for that matter) based on the closing date inserted into cell E85, and deducts the IS amounts for each of the relevant months?

I would appreciate your guidance again please.

Anders Sehlstedt

Eskilstuna, Sweden

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November 27, 2021 - 7:56 pm

Hello,

I am not clear with what you need help with, I mean, you have the values there. Can you examplify with how you want it?

Apart from that, I wonder why you have cluttered the file with the TRUE/FALSE checks? You can for example use SUMIF(S) to get the amount for correct column.

Example: Cell H8 =SUMIFS($G8,H$5,MEDIAN($D8,$E8,H$5))

Br,
Anders

Jorge de Sousa

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November 30, 2021 - 7:37 pm

Hi Anders

Thank you for your response.

Calculating the amounts per month from cell H8 to H70 is not a problem.

My only problem is calculating the month end balance values in cells H85, I85,J85, etc

I have calculated these balances by month in this attached sample spreadsheet, example in cell Q23, R23, S23...

But I have to manually calculate this every month end.

What I am trying to do is automate this calculation, by looking at the dates and amounts paid by the relevant month end dates, deducting the month's "expense" eg Q22 and automatically calculating the amount of advance payment remaining at the end of the relevant month end.

The following months more funds are received and the same calculation needs to be done again for eg, cell R23 and so on.

I hope that this sample spreadsheet makes more sense.

Thank you once again for your guidance.

Regards

Jorge

Jessica Stewart

Northern USA

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December 1, 2021 - 4:03 am

I have written a sumproduct formula in the cells under your expected results. Hope it helps! 🙂

Jorge de Sousa

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December 2, 2021 - 7:00 pm

Hi Jessica

Thank you so much, that is exactly what I needed. You a star!!

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