Calculation of Payment Frequecy
Hi All,
I've one use case where I've to calculated payment according to payment frequency i.e monthly, annually and quarterly.
I've system module dimensioned by lease where user enters lease start date, end date and payment frequency.
For e.g. Sr. No Start date End Date Payment frequency
Lease1 4th-May-2012 12th-july-2022 Quarterly
But I am facing issue to calculate payment because we are using only current year, Previous year and Future years. But in our case it's starts from 2012. So How we decide the quarter month in 2021 and tick that months accordingly. We need it by Month. So target module dimensioned by Time(Months), Lease list.
Can anyone help on this please?
Thanks
Ashutosh
Comments
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Hi Alex,
Thank you for response. But We can't uses time ranges because sometimes selected date comes in past 20 years and it will increase size drastically.
That's the main problem. Is any other way to work around using formulas?
Regards
Ashutosh
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