Help with dates for calculating proration and accruals

Sirod

New Member
Joined
Aug 6, 2009
Messages
47
Hello,

I'm working on a table that calculates prorated vacation. My formula is =IF(Q2>(EDATE($AP$1,-7)-1),DATEDIF(Q2,$AP$1+15,"M"),7). Q2 is the start date and $AP$1 is the start of the calendar year (Jan 1, 2024).

The formula works great providing that the start date is before the start of the calendar year. Where I'm running into challenges is when the start date is after Jan 1, 2024, i.e. Feb 28, 2024. If the start date is after the start of the calendar year, the returned value should be zero, and if the start date is prior to the start of the calendar year, the existing formula should kick in. Please assist me in revising the above formula to account for start dates after the start of the calendar year. Thanks.
 

Excel Facts

Back into an answer in Excel
Use Data, What-If Analysis, Goal Seek to find the correct input cell value to reach a desired result
try this formula in one cell, it accounts for ISERROR =IF(ISERROR(DATEDIF(Q2,$AP$1+15,"M")),0,IF(Q2>(EDATE($AP$1,-7)-1),DATEDIF(Q2,$AP$1+15,"M"),7)) or you can try these formulas in 3 different cells... in cell BA2 =IF(Q2>(EDATE($AP$1,-7)-1),DATEDIF(Q2,$AP$1+15,"M"),7) in cell BB2 =ISERROR(BA2) result in cell BC2 =IF(BB2=TRUE,0,BA2) While this works, it would be easier to find the problem by breaking it down as much as possible using the available space you have to the right. Take for example below. hope this helps. Cheers!

''cell BA1
Start DateBeginning of yearBeginning of year minus 7 monthsresult1result1 > start dateTo use for Datedif
result minus one dayStart DateBeginning of yearPlus 15Days DifferenceApprox MonthsExact Months1Exact Months2
4521345292=EDATE(BB13,-7)=BC13-1=BD13>BC13=BA13=BB13=BG13+15=BH13-BF13=BI13/30=DATEDIF(BA13,BB13+15,"M")=IF(ISERROR(BK13),0,BK13)
4522945292=EDATE(BB14,-7)=BC14-1=BD14>BC14=BA14=BB14=BG14+15=BH14-BF14=BI14/30=DATEDIF(BA14,BB14+15,"M")=IF(ISERROR(BK14),0,BK14)
4508145292=EDATE(BB15,-7)=BC15-1=BD15>BC15=BA15=BB15=BG15+15=BH15-BF15=BI15/30=DATEDIF(BA15,BB15+15,"M")=IF(ISERROR(BK15),0,BK15)
4535145292=EDATE(BB16,-7)=BC16-1=BD16>BC16=BA16=BB16=BG16+15=BH16-BF16=BI16/30=DATEDIF(BA16,BB16+15,"M")=IF(ISERROR(BK16),0,BK16)
4535045292=EDATE(BB17,-7)=BC17-1=BD17>BC17=BA17=BB17=BG17+15=BH17-BF17=BI17/30=DATEDIF(BA17,BB17+15,"M")=IF(ISERROR(BK17),0,BK17)
 

Attachments

  • EDATE.PNG
    EDATE.PNG
    56.8 KB · Views: 5
Upvote 0

Forum statistics

Threads
1,223,214
Messages
6,170,774
Members
452,353
Latest member
strainu

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top