Forum Discussion

Anonymous's avatar
Anonymous
Not applicable
3 years ago

Revolving Credit Facility

I need to take forecasted cash flows (incoming receipts and outgoing payments) and need to model any potential borrowings or paydowns of a Revolving Credit Facility.

 

Has anyone ever done this? I keep running into circularity issues as each day's Beginning RCF Balance is dependent on the Ending RCF Balance column, which is dependent on calculations in several columns, including the Beginning RCF Balance for that day.

Need Help

2 Replies

  • Anonymous's avatar
    Anonymous
    Not applicable
    3 years ago

    Hi Anonymous ,

     

    Dax is not good at handling recursive problems, Please check the post below to see if you can derive the formula further.

    Recursion in DAX

     

    Best Regards,
    Gao
    Community Support Team

     

    If there is any post helps, then please consider Accept it as the solution  to help the other members find it more quickly. If I misunderstand your needs or you still have problems on it, please feel free to let us know. Thanks a lot!

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  • Anonymous's avatar
    Anonymous
    Not applicable
    3 years ago

    The borrowings/paydowns will be based on the forecasted daily cash flows (which will change every time we run the model) and a minimum threshold and maximum threshold that sets when and how much to borrow / pay down. I'm not sure I can create a closed form formula for that.

     

    Any advice?