Add 2 or 3 months depending on day entered in a cell

[cluessreid]

I have an invoice built in Excel. On that sheet I have a start date (cell M11) that is formatted as a Date in the mm/dd/yy format. I have another cell (M42) that I need to enter a formula so that if the day in M11 is before the 15th it add 2 months or if the day is equal to or later then that 15th it adds 3 months.

For example - I enter 2/2/2019 in M11, as the day is before the 15th I need M42 to return the value April 2019. I'd prefer it didn't return a specific day - but if needed it's needs to always show the 15th of the month.

If I enter 2/16/19 in M11, as the day is after the 15th I need M42 to return the value May 2019. Again, I'd prefer the value to show just May 2019 but if needed it needs to always show the 15th of the month.

I think I've tried everything and can't get it to work!

 

[njimack]

=DATE(YEAR(M11),MONTH(M11)+IF(DAY(M11)<14,2,3),15)

You can format the cell as "mmm yy" so that the day isn't displayed, or wrap the entire formula in a TEXT function:

=TEXT(DATE(YEAR(M11),MONTH(M11)+IF(DAY(M11)<14,2,3),15),"mmm yy")

 

[Scott Huish]

=EOMONTH(M11,(DAY(M11)>15)+1)+15

Format cell as mmm yyyy

 

[Tetra201]

Or a shorter one:

=EOMONTH(EDATE(M11-14,3),-1)+15