Hi
I am building a forecasting database that will have known amounts entered for various projects. If a project has no known future amount (lets say for next March), I want my query to calculate a projected number by taking the most recent equivilent month (for this last March,which may be a number or even zero) and applying a growth factor.
I thought to use Dlookup in this way, but it is not working:
Amt: IIf(IsNull([Amount]),DLookUp([amount],"data_table",DateAdd("yyyy",-1,[data_table]![date])=[data_table]![date])*[growth],[amount])
I have created "placeholders" for the non-existant months in a prior query (i.e. this formula should replace null cells w/ projected values only if there is no actual value)
I would appreciate any suggestions very much!
thanks
I am building a forecasting database that will have known amounts entered for various projects. If a project has no known future amount (lets say for next March), I want my query to calculate a projected number by taking the most recent equivilent month (for this last March,which may be a number or even zero) and applying a growth factor.
I thought to use Dlookup in this way, but it is not working:
Amt: IIf(IsNull([Amount]),DLookUp([amount],"data_table",DateAdd("yyyy",-1,[data_table]![date])=[data_table]![date])*[growth],[amount])
I have created "placeholders" for the non-existant months in a prior query (i.e. this formula should replace null cells w/ projected values only if there is no actual value)
I would appreciate any suggestions very much!
thanks