Calculate Future Due Date

gbensonii

New Member
Joined
Nov 6, 2019
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1
I would greatly appreciate any suggestions to help solve the problem listed below which uses the table shown below:


ABCDEFGH
1TODAY IS:11/06/2019





2







3PAYEEFIRST DUE DATEAMOUNTREPEATSEVERY XPERIODSUNTILNEXT DUE DATE
4Chase11/01/2018$ 5.00Daily1Day(s)12/31/2019
5Sears11/15/2018$10.00Monthly1Month(s)12/31/2019

<tbody>
</tbody>

What I am trying to do is have a formula to calculate what the next due date will be and place that value in date format in cell H4, H5. The values have to be equal to or beyond today (IE: >=B1)

I assume the formula will use the Logical IF function but beyond that I am stumped.

Thank-You in advance for any suggestions!

Sincerely,

George Benson
 

Excel Facts

What does custom number format of ;;; mean?
Three semi-colons will hide the value in the cell. Although most people use white font instead.
From the example date, I presume you simply need to find the next due date based on the number of months/days specified in Columns D & E
=IF(D3="Monthly",DATE(YEAR(B3),MONTH(B3)+E3,DAY(B3)),B3+E3)

What is not clear is what you want if the due date is before today. Hide it???

=IF(B3>TODAY(),"",IF(D3="Monthly",DATE(YEAR(B3),MONTH(B3)+E3,DAY(B3)),B3+E3))

Without knowing spreadsheet background and aims, it is sometimes hard to understand what people are trying to achieve from this end. If the formula doesn't work for you, please describe what you are trying to achieve with more detail.

By the way spelling matters. Daily is the default when it does not find 'Monthly' in column D. If 'Monthly' is misspelled or an abbreviate like 'mth' is entered, the formula assumes 'Daily'.
 
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