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?
You will want to use the Profile function: learn more at https://community.anaplan.com/anapedia/calculation-functions/profile.1
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.
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
[quote=Gina Magdaleno]You will want to use the Profile function: learn more at https://community.anaplan.com/anapedia/calculation-functions/profile.[/quote]
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?
Thanks a lot! This is much helpful. I finally got my deferred expenses ready.
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: