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NewModelling
3 years ago

Introducing Distribute() formula

Use DISTRIBUTE to recognise measures from a start and end date in months. Here are some use cases when to use it:

  • Distribute a contract value paid up-front based on two dates
  • Allocate a total expense amount by two dates
  • Distribute a total amount between two dates to calculate the amount that you’ll bill each month

Note: Set your forecast or budget formula to “Same as actuals” to propagate the formula to your model.

Find an example here in the Abacum Academy.