Creating Revenue Forecast Records

Topic Labels: Automations
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5 - Automation Enthusiast
5 - Automation Enthusiast

Hello Airtable community. I am trying to automatically create a revenue forecast in airtable but have gotten a little stuck. The use case is as follows… I create a single record for a project containing overall project value, start date, and end date. I then use a formula field to calculate the number of working days between the start and end dates. All good so far.

Now, I want to automatically calculate what the average revenue(value) for that project will be during its lifetime. e.g. if the project is 12 months in duration, with a value of $120,000, I would like to be able to report $10,000 of revenue for each of those specific months.

Using a relational database and some code, I would quite easily do this by creating 12 records (one for each month) with a unique key of date and project, with a value field of $10,000.

My question is, is it possible to programatically do this with Airtable or, ideally, is there a slicker Airtable way of doing this?

4 Replies 4

Hi Gunter, and welcome to the community!

I had similar requirements and approached it like this. I went a bit overboard with a fairly complex learning model, but the approach is sound.

5 - Automation Enthusiast
5 - Automation Enthusiast

Hi Bill. Thank you for the welcome and the detail you have shared. I’ll get working through this!

Hey Gunter,

The Finance function in On2Air might be an option - It uses different finance formulas to calculate returns, etc.

Hannah - - Automated Backups for Airtable
5 - Automation Enthusiast
5 - Automation Enthusiast

Hi Hannah, thank you for sharing this - I’ll definitely check it out.