Calculating fiscal years and quarters

…In this worksheet called Fiscal Year Quarter, we're about to…calculate the quarter for the various dates listed in column B.…And, in a standard kind of, quarter system, the…first three months, January, February, March, are considered first quarter.…We will talk a bit later about how to handle this kind of information, if…your fiscal year for example begins in…October, as it does in the Federal Government.…Or in July, as it does in certain other companies.…So, if we need to extract a quarter here, we need to first find…out what the month is, and there is a function for that in excel.…

Equal month applied to the cell right here, it's…going to give us a three, it's March of course.…Then we can quickly see what's going to occur for the other dates as well.…So, month gives us that bit of information.…Now, if the month happens to be one, two or three, then…the answer is one, that's what we really want to get here.…A one there, a four here, that's in the fourth quarter, another one…here, this is in the second quarter, a two there, and so on.…