Computation with Price Escalation
I would like to ask something regarding a formula I have been working on. See the table below.
Price Escalation formula = Input
Avg Selling Price = The Jan 13 value is constant referenced to 2.3 which is in another module. While the succeeding months starting Feb 13 to Mar 14 the formula is Avg Selling Price*(1+Price Escalation).
I tried the formula IF Price Escalation = 0 then Avg selling Price else Average Selling Price*Price Escalation.
I also tried IF Previous(Avg Selling Price)=0 then Avg Selling Price else Avg Selling Price*Price Escalation.
I still do not have the right calculation on my Line Item. Need a little input on this.
I am sure not about logic what you have explained. From the screenshot it looks like the formula is not correct for Avg selling price as well.
If i am assuming constant value to be 2.3 for Jan 13 and price escalation is 1% in Jun, how the average price will be 2.4 as per the formula you have provided.
1% of 2.3 =0.023 and in total it will be 2.323
Anyway i have tried to replicate :
Please provide more details on the formula then I can help you more on this.