Revolving Credit Facility

[jprescott71]

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.

[jprescott71]

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?

[v-cgao-msft]

Hi @jprescott71 ,

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

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