Andrew has attended:
Excel Advanced course
Excel VBA Intro Intermediate course
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Formula that shows Quarters 1-4 in Year
I have found this formula on the internet which successfully answered my proble about calculating which quarter the date cell belongs too.
=INT((MONTH(A1)-1)/3)+1
(A1 = 01/01/2014)
My question is can someone explain how the formula itself is structured (how it works by breaking down each part of it).
I'll be grateful for any feedback.
Andy
RE: Formula that shows Quarters 1-4 in Year
Hi Andrew
Thanks for getting in touch. The two powerful parts of the formula are the MONTH and INT functions.
MONTH returns the month for a given date, in the form of a number. So =MONTH(01/05/2013) returns 5.
INT converts a number to an integer, i.e. a whole number. It doesn't round, it just chops off any spare decimal places.
In order, it does this:
1) evaluate the month of the given date
2) subtract 1 and divide by 3 (this converts it to 0, 1, 2 or 3)
3) convert to an integer
4) add 1 to turn it into 1, 2, 3 or 4
You can see this more clearly on your spreadsheet by highlighting a cell that contains this formula, going to the Formulas tab and clicking Evaluate Formula. Excel will then slowly step through the function for you.
Kind regards
Gary Fenn
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