Calculate Monthly Goal to reach target [closed]
Solution 1:
For the purpose of this answer, I have laid out the sheet with the goal in row 1
, the Months are in row 2
, actual in row 3
and target in row 4
. It looks like this;
First you want to enter a formula so the goal will count down as you enter actual amounts. To do this, enter the formula in B2
that has the goal-total in row 3
. This will subtract amounts received from the goal.
=120000-SUM(B3:M3)
Now enter a formula in row 4 to calculate your monthly target. Using an IF
function, we can tell the formula to ignore the "actual" cell if it has a value in it. If it is blank, the calculation will run to divide the remaining goal amount in B1
by the number of blank months in B3:M3
to give you the monthly target. This formula can be copied to each cell in B4:M4
.
=IF(ISBLANK(B3), SUM($B$1/COUNTBLANK($B$3:$M$3)), "")
It will result in the sheet working like this;
Closing note; if the sheet doesn't calculate automatically, you will need to press F9 or set the sheet to automatic.