Term_Amount ( Amount ; Periods ; Value )
Produces amount when figuring terms for an invoice.
Average rating: 3.9 (35 votes) Log in to vote
Function definition: (Copy & paste into FileMaker's Edit Custom Function window)
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.
Note: these functions are not guaranteed or supported by BrianDunning.com. Please contact the individual developer with any questions or problems.