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Term_Amount ( Amount ; Periods ; Value )

Produces amount when figuring terms for an invoice.

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Drew Sanderson Drew Sanderson http://www.drewsanderson.com

  Function definition: (Copy & paste into FileMaker's Edit Custom Function window)

Let ( [ $integer = Abs ( Amount ) ; $decimal = Amount - $integer ; $remainder = Mod ( $integer ; Periods ) ; $extra = $remainder + $decimal ; $period_value_low = ($integer - $remainder) / Periods ; $period_value_high = $period_value_low + $extra ]; Case ( Value = "low" ; $period_value_low ; Value = "high" ; $period_value_high ) ) Click to copy

This is used to figure the proper amount to be applied when figuring out terms. In the example, simply dividing 2267 by 3 payments would result in 755.6666666667. Using this function will result in two answers depending on the parameter passed. Passing the parameter of "low" give you the low amount and passing "high" will give you the higher amount.

 

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