Depreciation Using Profile Formula
Suppose materials are purchased in January, and then in another Line Item, I would like the materials to be depreciated over 3 months (spread that purchase value out over 3 months)? Which formula should be used?
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You will want to use the Profile function: learn more at https://community.anaplan.com/anapedia/calculation-functions/profile.1
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Hi Ankesh,
If you are going to be spreading the expenses evenly over 5 quarters, you could use: SPREAD(expense line item,5)
If you have a custom spread, then the attached screenshots will show you an example of using PROFILE.
In this example, I first created two lists:- Timing %s
- Timing Profiles
- Timings - Qtrs
- Profile - Qtrs
The 'Profile - Qtrs' module has 4 line items with varying dimensionality.
[list=1]
Revenue Orders - values are entered by month and product.
Timing % - assigns the timing %s for each product based on the Profile selected (next line item).
Profile - assigns the profile to each product.
Revenue - spreads the Revenue Orders based on the Profile assigned for each Product.
Let me know if you still have any questions!3 - Timing %s
Comments
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[quote=Gina Magdaleno]You will want to use the Profile function: learn more at https://community.anaplan.com/anapedia/calculation-functions/profile.[/quote]
Hi,
I have to use this function for defferring some of expense over period of five quarters. Can you please provide a simple example on how to use this Profile() function?
Regards0 -
Hey John!
Thanks a lot! This is much helpful. I finally got my deferred expenses ready.
Regards0 -
What do you mean by "The 'Timings - Qtrs' module has the two lists that I created. This allows you to add percentage spreads over periods. And you can create various profiles."?
Also, what screenshot are you referring to in your post?1 -
The link above is broken. This is the link for the "Profile" function:
https://help.anaplan.com/anapedia/Content/Calculation_Functions/All/PROFILE.html
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