How many months a contract is valid for within a fiscal year?

Scotty2a

New Member
Joined
Feb 5, 2024
Messages
2
Office Version
  1. 365
Platform
  1. Windows
I have the following details relating to the start and end dates of a contract. My fiscal year runs 01/04 to 31/03 so FY24 will run from 01/04/23 to 31/03/24. What I need to know is how many months a contract has in each fiscal year?

1707145868131.png




I've tried the following formula in my file which isn't working? =IFERROR(DATEDIF(MAX($L36,EDATE($M36,-12)),MIN($M36,Y$13),"m"),0)

What am I missing?

1707146109893.png
 

Excel Facts

Show numbers in thousands?
Use a custom number format of #,##0,K. Each comma after the final 0 will divide the displayed number by another thousand
Depends when it starts/finishes.

If a contract starts 1/01/24 and runs until 31/12/24 then that should show as 3 months in FY24 and 9 months in FY25.

Make sense?
 
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