Can someone explain this formula?

[shonu1320]

Took over a spreadsheet that someone else created and is no longer with the company. Can someone explain this formula?
=IFERROR(IF(H4<$T$2,CEILING((($V$2/365)*M4)-G4,P4),0),0)

 

[Fluff]

If the formula returns an error or if H4 is greater than or equal to T2 it returns 0 other wise divide V2 by 365 then multiply M4 & then subtract G4, finally round up that value by whatever is in P4

 

[shonu1320]

If the formula returns an error or if H4 is greater than or equal to T2 it returns 0 other wise divide V2 by 365 then multiply M4 & then subtract G4, finally round up that value by whatever is in P4

Thanks for explaining!

 

[Fluff]

You're welcome & thanks for the feedback.