How can i simplify this formula

neg177
neg177
in Modeling

Hi,

 

I would like to know how I can simplify this formula...

 

(Cash Collected Forecast - Other Forecast) * IF 'S01 Time Filter'.Weekdays? THEN IF WEEKDAY(START()) = 1 THEN OFFSET('Y03 Securitization'.Ending RTR Balance, -3, 0) ELSE PREVIOUS('Y03 Securitization'.Ending RTR Balance) ELSE 0 / IF 'S01 Time Filter'.Weekdays? THEN IF WEEKDAY(START()) = 1 THEN OFFSET('Y03 Securitization'.Ending RTR Balance, -3, 0) ELSE PREVIOUS('Y03 Securitization'.Ending RTR Balance) ELSE 0 + IF 'S01 Time Filter'.Weekdays? THEN IF WEEKDAY(START()) = 1 THEN OFFSET('Y04 Warehouse Tranche 1'.'Ending RTR Amount (Should Balance to BB Cert)', -3, 0) ELSE PREVIOUS('Y04 Warehouse Tranche 1'.'Ending RTR Amount (Should Balance to BB Cert)') ELSE 0.

 

Logic: (Cash Collected-Other Forcast)*Previous(Securitization) [Thing is I needed to not pick up my weekends, and using the previouse as Friday if it was Monday...ect

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Best Answer

  • Amaya
    Amaya
    Answer ✓

    HI, @neg177 

     

    It would look something like this.

     

    1.　create a module to calculate the number of days to OFFSET

    number_to_offset : IF weekdays? THEN IF weekday <> 1 THEN -1 ELSE -3 ELSE 0

     

    2．Rewrite in this way.

     

    (Cash Collected Forecast - Other Forecast) 

    * IF 'S01 Time Filter'.Weekdays? THEN

      (OFFSET('Y03 Securitization'.Ending RTR Balance, number_to_offset, 0)

     / OFFSET('Y03 Securitization'.Ending RTR Balance, number_to_offset, 0)

     + OFFSET('Y04 Warehouse Tranche 1'.'Ending RTR Amount (Should Balance to BB Cert)', number_to_offset, 0)

    ELSE 0

     

    I hope it helps.

     

    P.S.

    (* Y03 Securitization'.Ending RTR Balance / 'Y03 Securitization'.Ending RTR Balance ) will always 1

     

    I'm sorry if I misunderstood...

Answers

  • andrewtye
    andrewtye

    @neg177 and further to @Amaya reply you could put the IF 'S01 Time Filter'.Weekdays? before (Cash Collected Forecast - Other Forecast) as the logic implies that if it's a weekend then it will be zero, saves having to do that subtraction.

  • neg177
    neg177

    This is Helpful. 

     

    Thank you 

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