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jmcph
Helper III
Helper III

Need computation breakdown

Need Help! I wish to compute for Principal and Interest. My computation is relatively simple, Interest will be computed only if total collection EXCEEDS the loan amount. 

 

My sample data are: 

 

For the month of March

jmcph_0-1664869114067.png

cummulative collection of 6,920 is LESS than Cummulative loan amount, so the collection of 5,770 is purely PRINCIPAL

 

For the following month (April)

jmcph_1-1664869207367.png

 

cummulative collection exceeds the cummulative loan amount, thus the current month collection of 5,080 should be divided into

2,000 Interest

3,080 Principal

 

How should i formulate my PRINCIPAL and INTEREST measure to achieve my desired output?? 

 

Any help will do. Thank you

 

 

1 ACCEPTED SOLUTION
amitchandak
Super User
Super User

@jmcph ,New measure assuming other are measure

Principal= if( [cummulative collection] >  [cummulative loan amount], [collection] - ([cummulative collection] - [cummulative loan amount]) , blank())

 

Interest = if( [cummulative collection] >  [cummulative loan amount], ([cummulative collection] - [cummulative loan amount]) , blank())

 

for else part I have used blank, but you can use other formula

View solution in original post

1 REPLY 1
amitchandak
Super User
Super User

@jmcph ,New measure assuming other are measure

Principal= if( [cummulative collection] >  [cummulative loan amount], [collection] - ([cummulative collection] - [cummulative loan amount]) , blank())

 

Interest = if( [cummulative collection] >  [cummulative loan amount], ([cummulative collection] - [cummulative loan amount]) , blank())

 

for else part I have used blank, but you can use other formula

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