To create a monthly budget in Google Sheets, biweekly pay needs to be calculated. Some months there are three paydays and some there are two. Paydays are every second Wednesday night.
The below formula worked previously, and now it does not.
Before being rounded, the formula calculates to =ROUNDDOWN(1.14)*1000 which multiplies the pay amount by one except there is never only one payday in a month. This month there are two pay days, 14/09/16 and 28/09/16.
=ROUNDDOWN((EOMONTH(TODAY(),0)-(MOD(DATE(2016,8,31)-DATE(YEAR(TODAY()),MONTH(TODAY()),1),14)+DATE(YEAR(TODAY()),MONTH(TODAY()),1)))/14)*1000
Where is the error in my formula?
Consider this formula:
=(INT((EOMONTH(TODAY(),0)-DATE(2016,8,31))/14)-INT((EOMONTH(TODAY(),-1)-DATE(2016,8,31))/14))*1000
It calculates all the paydays from the end of the current month back to your date of 8/31/2016 and subtracts all the paydays from the prior month back to the same date.
In march of 2017 it will give the correct 3 paydays.
The following formula works great for calculating week number using the ISO standard, meaning the first week of the year is defined as beginning on the Monday of the week in which the first Thursday of January occurs. The date is located in C2.
=INT((C2-DATE(YEAR(C2-WEEKDAY(C2-1)+4),1,3)+WEEKDAY(DATE(YEAR(C2-WEEKDAY(C2-1)+4),1,3))+5)/7)
How do I change the formula to the US system, where the first week of the year is defined as beginning on the Sunday of the week in which the first Wednesday of January occurs?
Thanks.
I thought I would give a try using Excel's built in WEEKNUM formula. It doesn't work reliably for your US calculation, but for your ISO calc, it is pretty straightforward. You should be able to replace your formula above with the following
=WEEKNUM(C2,21)
For the US calculation, the following should work
=INT((C2-DATE(YEAR(C2-WEEKDAY(C2-0)+4),1,4)+WEEKDAY(DATE(YEAR(C2-WEEKDAY(C2-0)+4),1,4))+6)/7)
I'm looking for an Excel function to return the last Friday in a month for a given date.
ie: Any date in the month as input will give the date of the last Friday as output.
14-July-09 should give 31-July-09
7-March-05 should give 35-March-09
Building on #Toomas answer above, I had to make some amendments for Excel 2007, but came up with the following:
=EOMONTH(A1,0)-MOD(WEEKDAY(EOMONTH(A1,0))+1,7)
Which is assuming that the WEEKDAY returned for Friday is 6 and then applying a shifted MOD 7 to achieve the correct day.
Try this formula:
=IF(WEEKDAY(EOMONTH(A5;0);16)=7;EOMONTH(A5;0);EOMONTH(A5;0)-WEEKDAY(EOMONTH(A5;0);16))
Enter to A5 date value of which you are looking for the last Friday in a month.
The following formula achives this for a date in cell A1:
=DATE(YEAR(A1),MONTH(A1)+1,0)+MOD(-WEEKDAY(DATE(YEAR(A1),MONTH(A1)+1,0),2)-2,-7)
I came here looking for the formula to get the most recent Friday in the past which turned out to be =TODAY()-WEEKDAY(TODAY())-1
In case anyone needs to do this for next year (or future years):
=EOMONTH(DATE(YEAR(TODAY())+1,MONTH(TODAY()),1),0)-MOD(WEEKDAY(EOMONTH(DATE(YEAR(TODAY())+1,MONTH(TODAY()),1),0))+1,7)
Here's one that will show the last Friday of the current month.
And if the date is in the past it will show you next month's last Friday.
And if it's December right now, it'll show you next year's January's Friday.
=IF(DATE(YEAR(TODAY()),MONTH(TODAY())+1,0)+MOD(-WEEKDAY(DATE(YEAR(TODAY()),MONTH(TODAY())+1,0),2)-2,-7)>=TODAY(), DATE(IF(MONTH(TODAY())+1>12,YEAR(TODAY()+1),YEAR(TODAY())),MONTH(TODAY())+1,0)+MOD(-WEEKDAY(DATE(YEAR(TODAY()),MONTH(TODAY())+1,0),2)-2,-7), DATE(IF(MONTH(TODAY())=12,YEAR(TODAY())+1,YEAR(TODAY())),MONTH(IF(MONTH(TODAY())=12,1,MONTH(TODAY())))+1,0)+MOD(-WEEKDAY(DATE(IF(MONTH(TODAY())=12,YEAR(TODAY())+1,YEAR(TODAY())),MONTH(IF(MONTH(TODAY())=12,1,MONTH(TODAY())))+1,0),2)-2,-7))
You can try
=DATE(YEAR(A1),MONTH(A1)+1,1)-1+CHOOSE(WEEKDAY(DATE(YEAR(A1),MONTH(A1)+1,1)-1),-2,-3,-4,-5,-6,0,-1)
to find the last friday of the month. Assumes A1 has the date.
Hey the formatting is outdated so ill show what I came up with:
=EOMONTH(A1;A2)-(WEEKDAY(EOMONTH(A1;A2);15)-1)
[A1] is an interval of months later, from [A2] the stating date, that the result date should be.
We have some equipment that need maintenance last Friday of the month, an number of months since last Maintenace.
EOMONTH(A1;A2): we find the date, of the last day, of target month.
WEEKDAY([Date];15): assign a number for day of the week.
[15] makes Friday the value 1 and Thursday the value 7.
so if the last day of the month is Friday, the calculation would be:
[Date]-(1-1) = [Date] therefor the date won't change.
[Date] in my original code example, is the last day of the target month: [A2] date + [A1] number of months later.
if the last day is Wednesday, we want it to subtract 5 days: [Date]-(6-1) = [Date]-5
As a sidenote:
=WORKDAY(A2+1;-1;[hollydays])
will round a date back to the earlier Workday if it lands in a weekend or holyday
[holyday] can be an area of cells with predefined dates to skip eg: [$C$1:$C$20].
$ is so the area won't change when you extend the function to other cells.
if you don't care about holydays use =WORKDAY(A2+1;-1)
Awesome! Basically, like trying to find the first or second Monday of the month,
=DATE(TheYear,5,1)+CHOOSE(WEEKDAY(DATE(TheYear,5,1)),1,0,6,5,4,3,2)
which returns the first Monday of the month, in this case May
but to find the last weekday of the month, in the formula, you start with the next month and subtract
=DATE(TheYear,6,1)-1+CHOOSE(WEEKDAY(DATE(TheYear,6,1)),-6,-5,-4,-3,-2,-1,0)
which returns the last Monday of May
I have a cell that I named TheYear, in which I enter the year I'm working with, but you can point to whatever cell you have the year you want (e.g. A1).
I don't know why the pointers to the days of the week are in reverse order but to find the day (e.g. Tuesday instead of Monday), change the order of those numbers but they have to stay in order. For example, 4th Thursday of November:
=DATE(TheYear,11,1)+21+CHOOSE(WEEKDAY(DATE(TheYear,11,1)),4,3,2,1,0,6,5)
=EOMONTH(TODAY(),0)-WEEKDAY(EOMONTH(TODAY(),0))-1
This gives the last Friday of this month. You can replace both instances of Today() with any date you like or a cell reference that has a date to get the last Friday in any other month.
=WORKDAY.INTL((EOMONTH(A4,0)+1),-1,"1111011")