Skip to main content

Top Date related Microsoft Excel functions.

 Microsoft Excel provides a wide range of date-related functions that can help with date manipulation, calculation, and formatting. Here are some of the top date functions in Excel:

1. TODAY()

  • Purpose: Returns the current date.
  • Example: =TODAY() will return the current date, updating every day.

2. NOW()

  • Purpose: Returns the current date and time.
  • Example: =NOW() will return the current date and time, updating every time the worksheet recalculates.

3. DATE(year, month, day)

  • Purpose: Creates a date from the specified year, month, and day.
  • Example: =DATE(2024, 12, 21) will return December 21, 2024.

4. YEAR(date)

  • Purpose: Extracts the year from a date.
  • Example: =YEAR("2024-12-21") will return 2024.

5. MONTH(date)

  • Purpose: Extracts the month from a date.
  • Example: =MONTH("2024-12-21") will return 12.

6. DAY(date)

  • Purpose: Extracts the day from a date.
  • Example: =DAY("2024-12-21") will return 21.

7. WEEKDAY(date, [return_type])

  • Purpose: Returns the day of the week as a number (1-7, or other numbering systems based on the return_type).
  • Example: =WEEKDAY("2024-12-21") will return 7 (if Sunday is 1). With return_type = 2, it will return 6 (if Monday is 1).

8. TEXT(value, format_text)

  • Purpose: Formats a date as text according to a specified date format.
  • Example: =TEXT(TODAY(), "mmmm dd, yyyy") will return the current date in the format "December 21, 2024".

9. DATEDIF(start_date, end_date, unit)

  • Purpose: Calculates the difference between two dates in various units (e.g., years, months, days).
  • Example: =DATEDIF("2024-01-01", "2024-12-21", "Y") will return 0 years.

10. EDATE(start_date, months)

  • Purpose: Returns a date that is a specified number of months before or after the start date.
  • Example: =EDATE("2024-12-21", 6) will return June 21, 2025.

11. EOMONTH(start_date, months)

  • Purpose: Returns the last day of the month, a specified number of months before or after the start date.
  • Example: =EOMONTH("2024-12-21", 1) will return January 31, 2025.

12. NETWORKDAYS(start_date, end_date, [holidays])

  • Purpose: Calculates the number of working days (excluding weekends and optionally holidays) between two dates.
  • Example: =NETWORKDAYS("2024-12-01", "2024-12-21") will count the working days between those two dates, excluding weekends.

13. WORKDAY(start_date, days, [holidays])

  • Purpose: Returns the date that is a specified number of working days before or after a given date.
  • Example: =WORKDAY("2024-12-21", 10) will return the date 10 working days after December 21, 2024.

14. DATEVALUE(date_text)

  • Purpose: Converts a date stored as text into an actual date.
  • Example: =DATEVALUE("2024-12-21") will convert the text string "2024-12-21" into a date.

15. TIMEVALUE(time_text)

  • Purpose: Converts a time stored as text into a time value.
  • Example: =TIMEVALUE("12:30 PM") will return the time value.

These functions are incredibly useful for tasks such as tracking deadlines, calculating age, determining business days, and more.




Labels:

Comments

Post a Comment

Popular posts from this blog

Microsoft Excel top functions.

  Microsoft Excel offers numerous functions to simplify data analysis and calculation. Here are some of the most commonly used and powerful functions: Basic Functions SUM : Adds values. =SUM(A1:A10) AVERAGE : Calculates the mean of numbers. =AVERAGE(A1:A10) IF : Performs logical tests and returns values based on conditions. =IF(A1>10, "Yes", "No") COUNT : Counts numeric values in a range. =COUNT(A1:A10) LEN : Returns the length of a text string. =LEN(A1) Lookup and Reference Functions VLOOKUP : Looks for a value in the first column and returns a value in the same row from another column. =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup]) HLOOKUP : Similar to Here are practical examples of common Excel functions and how they can be applied in real-life scenarios: 1. SUM Scenario: Calculate the total sales for a week. Example: A B Day Sales Monday 200 Tuesday 150 Wednesday 300 Thursday 250 Friday 100 ...
Post a Comment
Read more

Creating Wages Sheet using Microsoft Excel

  Creating wages sheet using Microsoft Excel The DAYS360 function in Microsoft Excel calculates the number of days between two dates based on a 360-day year (commonly used in financial calculations). A 360-day year assumes each month has 30 days, simplifying interest and payment schedules. Syntax: DAYS360(start_date, end_date, [method]) Parameters: start_date : The starting date (required). Enter it as a valid date or reference a cell containing a date. end_date : The ending date (required). Enter it similarly to the start_date. method : Logical value (optional). FALSE (default): Uses the U.S. (NASD) method for date calculations. TRUE : Uses the European method. Key Differences Between Methods: U.S. (NASD) : Adjusts the start and end dates depending on whether they fall on the 31st of a month. European : Always treats the start and end dates as the 30th of the month if they are the 31st. Example Usage: Example 1: Calculate days using the U.S. method =DAYS360("01/01/2024", ...
1 comment
Read more

How to use Microsoft Excel PMT function?

  To use the PMT function in Microsoft Excel, follow these steps: Steps to Use the PMT Function: Open Excel : Open your Excel workbook where you want to calculate the payment. Select a Cell : Click on the cell where you want the result (monthly payment). Enter the PMT Function : Use the formula syntax: =PMT(rate, nper, pv, [fv], [type]) Input Arguments : rate : Interest rate per period (e.g., for a monthly rate, divide the annual rate by 12). nper : Total number of payment periods. pv : Present value (loan amount or investment). fv (optional) : Future value, usually 0 for loans. type (optional) : Payment timing: 0 (default): End of the period. 1: Beginning of the period. Press Enter : Excel will calculate and display the periodic payment. Example 1: Monthly Loan Payment Problem: You take a loan of $15,000 with an annual interest rate of 5%, to be repaid over 3 years (36 months). What is the monthly payment? Steps: Select a cell and enter: =PMT(5%/12, 3*12, -...
1 comment
Read more