Need help with SUMIF(S) formulas. (I think)

Copper Contributor

I have 11 different sets of numbers(debts) with a total budget of $11000. I would like to subtract $1000 from each specific debt. If said debt is less than $1000 then subtract remaining balance. I would then like to take the remaining balance of budget and apply evenly to remaining debts (unless debt is less than $1000 in which case it would default to subtract remaining balance). Basically snowballing $11000 across the 11 debts until they are all paid down.

5 Replies

Hi @Infantryman11c,

 

Could you please share a screen or a file containing a sample of your current table? I have some ideas about possible solutions, but want to make sure about what do you really need. 

@Infantryman11c 

Let's say the 11 amounts are in A2:A12.

 

To calculate the amounts to subtract, select B2:B12 and enter the formula

 

=IF(A2:A12<1000,A2:A12,(11000-SUMIF($A$2:$A$12,"<=1000"))/COUNTIF($A$2:$A$12,">1000"))

 

If you don't have Microsoft 365 or Office 2021, confirm the formula by pressing Ctrl+Shift+Enter.

 

To calculate the remaining amounts, select C2:C12 and enter the formula

 

=A2:A12-B2:B12

 

Again, if you don't have Microsoft 365 or Office 2021, confirm the formula by pressing Ctrl+Shift+Enter.

Thank you for helping. I tried your formula, unfortunately, it did not work. Top and bottom cells had #SPILL and the in between cells did not do any math.

 

 12345678910
$308.59-$691.41I want to take the overage (1000-308.59) in Column 1 and apply to below value and so on (if starting value is below $1000)
$858.59-$141.41         
$979.25-$20.75         
$1,013.06$13.06-$986.94        
$2,380.38$1,380.38$380.38For values over 1000 I want it to subtract 1000 plus whatever overages from above cells
$2,784.99$1,784.99$784.99        
$3,115.89$2,115.89$115.89        
$5,333.76$4,333.76$2,333.76        
$6,035.61$5,035.61$3,035.61        
$9,158.98$8,158.98$7,158.98        
$15,623.93$14,623.93$13,623.93        

@rzaneti 

@Infantryman11c 

Demo workbook: