Payment Terms - Cash Flow Forecasting

SkiingCPA

New Member
Joined
Oct 15, 2019
Messages
3
Hello Mr. Excel Community - I'm trying to forecast payment date/amount for some payment terms that are more complicated than the usual net 30. Does anyone have any recommendations here for some formulas that are dynamic?

Here are some of the payment terms:
35% at order, 65% 60 days
50% at order placement, 50% shipping date
100% right before shipping
100% right before shipping out
33% at order, 66% 30 days
35% at order, 65& 60 days
35% at order, 65% 60 days after shipping
50% at order placement, 50% right before shipping

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Actual shipping dateETAOrder date Payment termsNet amount left to pay (in original currency)
4/4/20195/15/201912/20/201835% at order, 65% 60 days53.46
4/4/20195/15/201912/20/201850% at order placement, 50% right before shipping date53.46
4/4/20195/15/201912/20/2018100% right before shipping4.17
4/11/20195/25/201912/20/2018100% right before shipping out1149.00
4/11/20195/25/201912/20/201833% at order, 66% 30 days1106.08
4/11/20195/25/201912/20/201835% at order, 65& 60 days249.46
4/11/20195/25/201912/20/201835% at order, 65% 60 days after shipping196.01
4/11/20195/25/201912/20/201850% at order placement, 50% right before shipping249.46

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Thanks,
Chris
 

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Swayzy

Board Regular
Joined
Mar 30, 2018
Messages
78
I did a similar tool at work for cash flow management, you will want to use a macro. Formulas can do things like this but they will be long an not transparent.

My version had for example among others quarterly payments, so the code takes the quarterly amount and goes out 3 months from the org date and write a new Line. Then it repeats for the rest of the quarters.

So in the end you get a long list of all future transactions based of the initial setting of the specific revenue or cost.

I can give further assistance on a full solution but I would require compensation.
 

SkiingCPA

New Member
Joined
Oct 15, 2019
Messages
3
I did a similar tool at work for cash flow management, you will want to use a macro. Formulas can do things like this but they will be long an not transparent.

My version had for example among others quarterly payments, so the code takes the quarterly amount and goes out 3 months from the org date and write a new Line. Then it repeats for the rest of the quarters.

So in the end you get a long list of all future transactions based of the initial setting of the specific revenue or cost.

I can give further assistance on a full solution but I would require compensation.

Right on, thanks for the reply Swayzy. At this time it's not a huge problem (there's larger fish to fry), once things calm down I'll come back to this. Just checking if anyone knew of a easier solution that using macros.
 

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