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Calculating old debt?

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  1. #1
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    Calculating old debt?

    Hi first post so be kind....


    Have a statement i am working on and i want to be able to calculate the debt over 120 days. I want this to be able to update daily also. the setup at present is;

    Date -Number -Due Date- Debit -Credit

    So I want the 'date' to only calculate from today -120 and show the balance after credits and debits are calculated?

    Thanks

    Liam

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    is there anything i need to add to this to help?

  3. #3
    Forum Expert darkyam's Avatar
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    Assuming credits increase the amount owed, try something like:
    =SUMPRODUCT(--(A1:A10<=TODAY()-120),E1:E10)-SUMPRODUCT(--(A1:A10<=TODAY()-120),D1:D10)
    This assumes you're calculating based off the date of the debt rather than the date the debt was due. If it is the latter, change A1:A10 to C1:C10. It also counts items 120 days or older. If you want just older, replace <= with <.

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