FormulaPad for accountants
Close the books faster. Ask for the formula in plain English — SUMIFS across trial balances, aging reports with DATEDIF, amortization schedules with PMT — and paste it into your workbook in seconds.
Sound familiar?
- •Period-end close drags because nobody can remember SUMIFS syntax at 11pm.
- •Inherited spreadsheets with 6-deep nested IFs nobody dares to touch.
- •Pivot-style reports in flat Excel — INDEX/MATCH or XLOOKUP, which is which?
- •Aging buckets: 0-30, 31-60, 61-90, 90+ — requires IF + DATEDIF gymnastics.
- •DEBUG wasted hours on #REF and #VALUE errors during audit prep.
FormulaPad is tuned for accounting formulas specifically — it knows SUMIFS vs SUMIF, handles locale-safe date criteria, and explains legacy formulas without touching your file. 5/day free, $9/mo unlimited, no signup to try.
Formulas you will actually use
Aging report buckets
Classify invoice ages in column D as Current, 30, 60, 90, or Over 90 days based on invoice date in column C and today
=IF(TODAY()-C2<=0,"Current", IF(TODAY()-C2<=30,"30", IF(TODAY()-C2<=60,"60", IF(TODAY()-C2<=90,"90","Over 90"))))Classic nested IF for aging buckets. Drag down the column, done.
SUMIFS across multi-criteria trial balance
Sum amounts in column F where account type in column B is "Expense" and cost center in column C is "HQ" and date in column A is in 2024
=SUMIFS(F:F, B:B, "Expense", C:C, "HQ", A:A, ">="&DATE(2024,1,1), A:A, "<="&DATE(2024,12,31))Concatenated date criteria with DATE() — locale-safe, no string parsing.
Loan amortization — monthly principal payment
Calculate the principal portion of month 12 payment for a $100K loan at 6% APR over 5 years
=PPMT(6%/12, 12, 60, -100000)PPMT returns just the principal component for a given period.
IFERROR wrapping for clean reports
Wrap a VLOOKUP in column G in IFERROR so missing matches show empty string instead of #N/A
=IFERROR(VLOOKUP(A2, 'Chart of Accounts'!A:B, 2, FALSE), "")Output looks professional. No more #N/A scattered through the printout.
FAQ
Does FormulaPad understand double-entry accounting concepts?
It understands formula mechanics. You describe the calculation you want (debits, credits, running totals) and it writes the formula. It does not replace the accounting judgment.
Can I use this with Excel 2019?
Yes for legacy functions. XLOOKUP, LET, LAMBDA, and dynamic arrays require Excel 365 or 2021 — FormulaPad warns when a suggestion needs a newer version.
Is data I paste kept?
Prompts are sent to the model API for inference. We do not train on your data. Cached responses are stored for 24 hours keyed by prompt hash to speed up repeat queries.
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