FinanceTier 715 minintermediate
Invoice Payment Deadline via WORKDAY
Calculate a payment deadline in business days, without counting weekends as working days.
What you will learn
- Use WORKDAY to add a number of business days to a start date
- Explain why adding calendar days directly counts weekends as if they were working days
- Recognise when a payment-terms deadline must skip weekends
Excel skills
WORKDAY · Date and Time Functions
The task
Each invoice has a payment-terms window in business days. Work out the payment deadline for each one, in column C - the calendar date that many business days after it was issued.
You work in a real spreadsheet in your browser, and your answer is checked against hidden traps the moment you submit.