To get a fiscal year from a date, you can use a formula based on the YEAR and MONTH functions. Formula =YEAR(date)+(MONTH(date)>=startmonth) Explanation In the example shown, the formula in D5 is: =YEAR(B5)+(MONTH(B5)>=C5) How this formula works By convention a fiscal year is denoted by the year in which it ends. So, if a fiscal …
This tutorial show how to Get fiscal quarter from date in Excel. If you want to calculate the fiscal quarter from a date, and the fiscal quarter starts in a month other than January, you can use a formula based on the CHOOSE function. Formula =CHOOSE(MONTH(date),1,1,1,2,2,2,3,3,3,4,4,4) > Explanation Note: if you just need to calculate a …
This tutorial show how to Get day from date in Excel using the example below. If you need to extract the day from a date, you can use the DAY function. Formula =DAY(date) Explanation of how this formula works In the generic form of the formula above, the date must be in a form that Excel …
If you want to find the most recent Wednesday, or Saturday, or Monday, given a specific start date, you can use a formula that uses the MOD function. Formula =date-MOD(date-dow,7) Note: If the the date has the same day of week, date will be returned. Explanation Formulas that use the concept of “day of …
To return the next specific day of week (i.e. the next Wednesday, or Friday, or Monday) with a given start date, you can use a formula based on the WEEKDAY function. Formula =date+7-WEEKDAY(date+7-dow) Explanation In the example shown, the formula in D6 is: =B6+7-WEEKDAY(B6+7-2) Where B6 contains the date Friday, January 16, 2015, and 2 represents Monday, the “dow”. …
To get the next scheduled event from a list of events with dates, you can use an array formula based on the MIN and TODAY functions to find the next date, and INDEX and MATCH to display the event on that date. Formula {=MIN(IF((range>=TODAY()),range))} Note: this is an array formula and must be entered with Control + …
To get the nth day if week in a month (i.e. the first Tuesday, third Tuesday, forth Thursday, etc.) you can use a formula based on the DAY and WEEKDAY functions. Formula =date-DAY(date)+1+n*7-WEEKDAY(date-DAY(date)+8-dow) Note: Day of week is abbreviated “dow” in the generic form of the formula. This is a number between 1 (Sunday) and 7 …
To calculate months between two dates as a whole number, you can use the DATEDIF function. Formula =DATEDIF(start_date,end_date,”m”) Explanation In the example shown, the formula in D6 is: =DATEDIF(B6,C6,”m”) Note that the DATEDIF automatically rounds down. To round up to the nearest month, see below. The mystery of DATEDIF The DATEDIF function is a “compatibility” …
To get the nth day of year based on a given date, you can use a formula based on the DATE and YEAR functions. Formula =date-DATE(YEAR(date),1,0) Explanation In the example shown, the formula in C5 is: =B4-DATE(YEAR(B4),1,0) With the date “June 1, 2016” in cell B4, the formula returns 153, since June 1st is the 153rd day …
If you need to calculate the percent remaining in a year, based on a given date, you do so with a formula based on the YEARFRAC function. Formula =YEARFRAC(DATE(YEAR(date),1,1),date) Explanation In the example, the formula in C5, which calculates percentage of year remaining, is: =YEARFRAC(DATE(YEAR(B5),1,1),B5) How the formula works the YEARFRAC function takes two dates, …
To calculate a project end date based on a start date and duration, you can use the WORKDAY function. Formula =WORKDAY(start,days,holidays) Explanation In the example shown, the formula in E5 is: =WORKDAY(C5,D5,holidays) where “holidays” is the named range G5:G9. How this formula works This formula uses the WORKDAY function to calculate an end date. WORKDAY can calculate dates …
To calculate an approximate project midpoint date, you can use the WORKDAY function. Note: The WORKDAY function returns a date in the future or past, based on a start date, workdays, and optional holidays. WORKDAY automatically excludes weekends, and counts only Monday through Friday as workdays. Formula =WORKDAY(start,days/2,holidays) Explanation In the example shown, the formula in E5 …
To calculate a project start date or custom date based on an end date and duration in days, you can use the WORKDAY function. Note: WORKDAY function does not count the start date as a workday. Formula =WORKDAY(start,-days,holidays) Explanation In the example shown, the formula in E5 is: =WORKDAY(C5,-D5,holidays) where “holidays” is the named range G5:G9. How …
If you want to calculate the quarter (i.e. 1,2,3,4) from a date, you can use the ROUNDUP function together with MONTH. Formula =ROUNDUP(MONTH(date)/3,0) Explanation In the example shown, the formula in cell C5 is: =ROUNDUP(MONTH(B5)/3,0) How this formula works In this case, the formula first extracts the month as a number between 1-12, then divides …
To get the same date next month from a given date, you can use the EDATE function. Formula =EDATE(date,1) Explanation In the example shown, the formula in cell B5 is: =EDATE(B5,1) How this formula works EDATE can get the “same date” in the future or past, based on the number of months supplied. When 1 …
To get the same date next year from a given date, you can use the EDATE function. Formula =EDATE(date,12) Explanation In the example shown, the formula in cell B5 is: =EDATE(B5,12) EDATE can get the “same date” in the future or past, based on the number of months supplied. When 12 is given for months, …
If you need to get the week number from the day from a date, you can use the WEEKNUM function. The date must be in a form that Excel recognizes as a valid date. Note: The WEEKNUM function takes two arguments, a date, and, optionally, an argument called return_type, which controls the scheme used to calculate …
To calculate the total number of work hours between two dates, you can use a formula based on the NETWORKDAYS function, where “start” is the start date, “end” is the end date, “holidays” is a range that includes dates, and “hours” is the number of work hours in a workday. Formula =NETWORKDAYS(start,end,holidays)*hours Explanation In the …
To calculate total work hours between two dates and times, you can use a formula based on the NETWORKDAYS function. Formula =(NETWORKDAYS(start,end)-1)*(upper-lower) +IF(NETWORKDAYS(end,end),MEDIAN (MOD(end,1),upper,lower),upper) -MEDIAN(NETWORKDAYS(start,start) *MOD(start,1),upper,lower) Explanation In the example shown, E5 contains this formula: =(NETWORKDAYS(B5,C5)-1)*(upper-lower) +IF(NETWORKDAYS(C5,C5),MEDIAN (MOD(C5,1),upper,lower),upper) -MEDIAN(NETWORKDAYS(B5,B5) *MOD(B5,1),upper,lower) where “lower” is the named range H5 and “upper” is the named range H6. How this formula …
To calculate work hours between two dates with a custom schedule, you can use a formula based on the WEEKDAY and SUMPRODUCT functions, with help from ROW, INDIRECT, and MID. Formula =SUMPRODUCT(MID(schedule,WEEKDAY (ROW(INDIRECT(start&”:”&end))),1)*ISNA (MATCH(ROW(INDIRECT(start&”:”&end)),holidays,0))) Explanation In the example shown, the formula in F8 is: =SUMPRODUCT(MID(D6,WEEKDAY(ROW (INDIRECT(B6&”:”&C6))),1)*ISNA(MATCH (ROW(INDIRECT(B6&”:”&C6)),holidays,0))) Which returns 36 hours, based on a custom …
To calculate the number of workdays between two dates, you can use the NETWORKDAYS function. NETWORKDAYS automatically excludes weekends, and it can optionally exclude a custom list of holidays as well. Formula =NETWORKDAYS(start_date,end_date,holidays) Note that NETWORKDAYS includes both the start and end dates in the calculation if they are workdays. Explanation For example, if you …
If you need to extract the year from a date, you can use the YEAR function. Formula =YEAR(date) Explanation In the generic form of the formula above, the date must be in a form that Excel recognizes as a valid date. How the formula works The YEAR function takes just one argument, the date from …
Case study: If Monday, roll back to Friday To check the weekday of a date, and roll back to Friday when the date is a Monday, you can use the IF and WEEKDAY functions. Formula =IF(WEEKDAY(date)=2,date-3,date) Explanation In the example shown, the formula in C5 is =IF(WEEKDAY(B5)=2,B5-3,B5) How this formula works The WEEKDAY function returns …
To join a date with text, you can use concatenation with the TEXT function to control the date format.Generic formula =”text”&TEXT(date,format) Note: To control the date format, we use the TEXT function, which is designed to convert a number into text using a specified number format. Explanation In the example shown, the formula in E4 is: …
To add a date stamp in a workbook to indicate a “date last updated”, you can use the TEXT function. Note: The TEXT function can apply number formatting to numbers just like Excel’s built-in cell formats for dates, currency, fractions, and so on. However, unlike Excel’s cell formatting, the TEXT function works inside a formula …
To list holidays that occur between two dates, you can use a formula based on the TEXTJOIN and IF functions. Formula {=TEXTJOIN(“, “,TRUE,IF(dates>=start,IF(dates<=end,holidays,””),””))} Note: the TEXTJOIN function is new in Excel 2016. Explanation In the example shown, the formula in F8 is: {=TEXTJOIN(“, “,TRUE,IF(B4:B12>=F5,IF(B4:B12<=F6,C4:C12,””),””))} This is an array formula and must be entered with control + shift + enter. How …
To calculate the next anniversary date, you can use a formula based on the EDATE and DATEDIF functions. Case Study: Assume fixing anniversary date as June 1, 2017 in all examples. Formula =EDATE(date,(DATEDIF(date,as_of,”y”)+1)*12) Explanation In the example shown, the formula in D5 is: =EDATE(B5,(DATEDIF(B5,C5,”y”)+1)*12) This formula will work to calculate next upcoming birthday as well. How this …
To get the next payday – assuming a biweekly schedule, with paydays on Friday – you can use a formula based on the CEILING function. Formula =CEILING(date+1,14)-1 Explanation In the example shown, the formula in C6 is: =CEILING(B6+1,14)-1 Note: this formula assumes Excel’s default 1900 date system. How this formula works This formula depends on …
— Next business day 6 months in future To get a date 6 months in the future, on the next work day, you can use a formula based on the WORKDAY function, with help from EDATE. Formula =WORKDAY(EDATE(date,6)-1,1,holidays) Explanation In the example shown, the formula in C6 is =WORKDAY(EDATE(B6,6)-1,1,B9:B11) How this formula works Working from …
To get the next working day, or next business day, you can use the WORKDAY function. Formula =WORKDAY(date,1,holidays) Explanation In the example shown, the formula in C4 is: =WORKDAY(B4,1,holidays) How this formula works The WORKDAY formula is fully automatic. Given a date and days, it will add days to the date, taking into account weekends …
To pad week numbers (or any number) with zeros using a formula, you can use the TEXT function. Formula =TEXT(WEEKNUM(date,type),”00″) Explanation In the example show, D5 contains this formula: =TEXT(WEEKNUM(B5,21),”00″) Which returns the string “07”. How this formula works The TEXT function can apply number formats of any kind, including currency, date, percentage, etc. By …
If you need to add up (sum) up race time splits that are some combination of hours, minutes, and seconds, you can simply use the SUM function. However, you must take care to enter times with the right syntax and use a suitable time format to display results, as explained below. Formula =SUM(range) Explanation The …
To sum the total amount of time over 30 minutes, given a set of times that represent duration, you can use the SUMPRODUCT and TIME functions. Alternatively, use SUMIFS and COUNTIFS functions. Formula =SUMPRODUCT((range-TIME(0,30,0))*(range>TIME(0,30,0))) Explanation In the example shown, the formula in G5 is: =SUMPRODUCT((times-TIME(0,30,0))*(times>TIME(0,30,0))) where “times” is the named range C5:C14. How this formula works This formula …
To get the duration between two times in as decimal hour (i.e. 3 hrs, 4.5 hrs, 8 hrs, etc.) you can use a formula based on the MOD function. Formula =MOD(end-start,1)*24 Explanation In the example shown, the formula in D5 is: =MOD(B2-A2,1)*24 Excel hours In Excel, one day is the number 1, so 1 hour …
Case study You have a start time and an end time, and you want to know how many of the hours in between these two times overlap another time period in the day. For example, you want to know how many hours fall between 8:00 AM and 5:00 PM, or 7:00 PM to 7:00 AM, etc. …
To calculate workdays per month, use the EOMONTH function together with the NETWORKDAYS function. Formula =NETWORKDAYS(date,EOMONTH(date,0),holidays) Explanation In the example shown, the formula in C4 is: =NETWORKDAYS(B4,EOMONTH(B4,0),holidays) Where “holidays” is the named range E3:E13. How this formula works First, it’s important to understand that the values in the Month column (B) are actual dates, formatted with the …
To calculate the number of workdays remaining in a month, you can use the NETWORKDAYS function. NETWORKDAYS automatically excludes weekends, and it can optionally exclude a custom list of holidays as well. Formula =NETWORKDAYS(date,EOMONTH(date,0),holidays) Explanation In the example shown, the formula in C5 is: =NETWORKDAYS(B5,EOMONTH(B5,0),E5:E14) Were B5 contains a current date, and the range E5:E14 contains …
If you want to test whether the year of a certain date is a leap year, you can use a formula that uses the MONTH, YEAR, and DATE functions. Formula =MONTH(DATE(YEAR(date),2,29))=2 Explanation In the example shown, the formula in cell C5 is: =MONTH(DATE(YEAR(B5),2,29))=2 How the formula works The core of this formula is the DATE …
This tutorials shows how to generates Series of dates increment by day from a single start date in Excel. If you need to generate a dynamic series of dates with a formula that increase by one day from a single start date, you can do so a very simple formula that simply adds 1 to each …
This tutorials covers how to generates Series of dates increment by weekends from a single start date in Excel. If need to generate a dynamic series of dates with a formula that include only future weekend dates (i.e. Sat and Sun), you can do so with a formula that uses the IF and WEEKDAY functions. Formula …