Forecast monthly expense
I'm trying to create a formula within ETL that will help budget owners understand how their expenses will be accrued over time.
Ex: There's one Purchase Order that has $10,000 left to invoice, and the PO end date is July 31,2022. Our accounting team would expense them evenly for $2,500 for April - July. So I'd need to create 4 additional columns (April, May, June, July) within ETL that includes the $2,500 value.
Answers
-
instead of adding columns, consider adding rows.
consider trying to create an 'accruing_schedule' dataset that says
accrument_date, original_receipt date, po_id, po_id_accrument no, PO_amount, accrument_amt
so if your PO_amount was 10,000 and it was to be accrued over 4 months
you'd duplicate the row 4 times, you'd increment the accrument_date for the first (or last... whatever) day of each month. 10,000/4
po_id_accrument no
PO123_0422
PO123_0522
PO123_0622 etc.
that way you could filter accrument_date in the last 6 months and say "this is how much we accrued in the last 6 months across all your POs
if you UNION transactions, make transaction date the same as the Accrument Date and you can filter on activity_date in the last 6 months and have a column for expenses and accrument.
Jae Wilson
Check out my 🎥 Domo Training YouTube Channel 👨💻
**Say "Thanks" by clicking the ❤️ in the post that helped you.
**Please mark the post that solves your problem by clicking on "Accept as Solution"1
Categories
- All Categories
- 2K Product Ideas
- 2K Ideas Exchange
- 1.6K Connect
- 1.3K Connectors
- 311 Workbench
- 7 Cloud Amplifier
- 9 Federated
- 3K Transform
- 114 SQL DataFlows
- 654 Datasets
- 2.2K Magic ETL
- 4.1K Visualize
- 2.5K Charting
- 803 Beast Mode
- 79 App Studio
- 44 Variables
- 758 Automate
- 188 Apps
- 480 APIs & Domo Developer
- 73 Workflows
- 17 DomoAI
- 40 Predict
- 17 Jupyter Workspaces
- 23 R & Python Tiles
- 408 Distribute
- 119 Domo Everywhere
- 279 Scheduled Reports
- 10 Software Integrations
- 141 Manage
- 137 Governance & Security
- 8 Domo Community Gallery
- 47 Product Releases
- 12 Domo University
- 5.4K Community Forums
- 41 Getting Started
- 31 Community Member Introductions
- 114 Community Announcements
- 4.8K Archive