Join Dennis Taylor for an in-depth discussion in this video Calculating fiscal years and quarters, part of Working with Dates and Times in Excel 2010.
When working with financial data in Excel, it sometimes it's critical to…calculate information based on quarter or fiscal year.…If the quarters and fiscal years that you're using are standard and they match…up with the chronological years,…it's going to often be relatively straightforward.…In Column D, however, there is a formula here that's a little bit longer than…you might have hoped.…This is how we can calculate a quarter, and there are probably are some other…ways to do this too.…But I haven't run across any that are a whole lot simpler, but this as you can…see does calculate the quarter.…
In effect, it takes the month.…It pulls that out of the entry, in Column C. So in this example, it's actually a 3.…We divide these by 3, and then round to the nearest whole number.…For the fiscal year, all we need to do here is pull out or extract the year from…the entry in Column C. So, that's pretty simple and straightforward.…In many organizations, in many companies, the fiscal year does not coincide with…
- Understanding how Excel records and stores dates and times
- Looking at standard date/time entry options and acceptable alternatives
- Using the TODAY and NOW functions
- Customizing date formats
- Exploring keyboard shortcuts
- Formatting time for hours over 24
- Calculating differences across dates and times
- Rounding calculations
- Working with holidays
- Validating with dates
- Converting formatted dates to usable data
Skill Level Intermediate
Excel 2010: Financial Functions in Depthwith Curt Frye2h 18m Intermediate
Excel 2010: Advanced Formatting Techniqueswith Dennis Taylor3h 2m Intermediate
1. Excel's Date/Time System
2. Creating Date/Time Entries
3. Date/Time Formatting
4. Date/Time Functions
5. Calculating with Dates and Times
6. Using Dates and Times with Excel Commands
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