SBFM97: Total Monthly Payments Calculation Is Incorrect

 Last reviewed: February 12, 1998
Article ID: Q164745
The information in this article applies to:
  • Microsoft Excel 97 for Windows
  • Microsoft Small Business Financial Manager 97 for Microsoft Excel 97

SYMPTOMS

The Total Monthly Payments and Present Value of Payments calculations may be incorrect when you perform a Buy vs. Lease analysis.

CAUSE

This problem occurs when the following conditions are true:

  • You use the What-If Wizard (on the Accounting menu) to run a Buy vs. Lease analysis. 

        -and-
  • You type any value other than 12 in the Payments Per Year box in step 2 of the Analyze Buy Versus Lease dialog box.

The calculations use 12 payments per year instead of the number you specify in the wizard.

STATUS

Microsoft has confirmed this to be a problem in the Microsoft products listed at the beginning of this article. This problem has been fixed in the updated versions of the Quickbooks driver and Msapp.dll.

The following file is available for download from the Microsoft Software Library: 

 ~ Sbfm97qb.exe (size: 380364 bytes)
For more information about downloading files from the Microsoft Software Library, please see the following article in the Microsoft Knowledge Base: 

   ARTICLE-ID: Q119591
   TITLE     : How to Obtain Microsoft Support Files from
               Online Services

Additional query words: XL97 8.00 sbfm
Keywords : xladdins xlsbfm kbtool
Version : WINDOWS:97
Platform : WINDOWS

THE INFORMATION PROVIDED IN THE MICROSOFT KNOWLEDGE BASE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND. MICROSOFT DISCLAIMS ALL WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. IN NO EVENT SHALL MICROSOFT CORPORATION OR ITS SUPPLIERS BE LIABLE FOR ANY DAMAGES WHATSOEVER INCLUDING DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, LOSS OF BUSINESS PROFITS OR SPECIAL DAMAGES, EVEN IF MICROSOFT CORPORATION OR ITS SUPPLIERS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES SO THE FOREGOING LIMITATION MAY NOT APPLY.

Last reviewed: February 12, 1998
© 1998 Microsoft Corporation. All rights reserved. Terms of Use.