Working on a formula that will take a date and translate it to the format FYxxPxxWx.
For example. Input the date of 03/22/20 and the formula will give you FY20P06W4 which is correct.
However if you input 02/02/20 the formula will give you FY20P05W2. The correct output would be FY20P05W1. This issue also rears its head with the date 09/29/19. It gives you FY20P12W5. The correct output would be FY20P1W1.
Something else weird happens when you put in the date 04/5/20 you get FY21P07W2 when it should be FY20P07W2.
The formula is
=CONCATENATE("FY",RIGHT(YEAR(DATE(YEAR(D5),MONTH(D5)+(10-1),1)),2),"P",TEXT(CHOOSE(MONTH(D5),4,5,6,7,8,9,10,11,12,1,2,3),"0#"),"W",WEEKNUM(D5,1)-WEEKNUM(DATE(YEAR(D5),MONTH(D5),1),1)+1)
I think this issue is caused by the strange weeks where the the month ends and another begins throwing off the formula.
I do have a formula that calculates the years fiscal year start date
=(DATE(YEAR(TODAY())-1,10,1)-(WEEKDAY(DATE(YEAR(TODAY())-1,10,1),1)))+1
This outputs 09/29/19 as the start date of the Fiscal year as its the same week as 10/1/19 which is the first month of the fiscal year. IF that makes sense.
The separate formulas are
For FY and grabs only last two digits of year
RIGHT(YEAR(DATE(YEAR(D5),MONTH(D5)+(10-1),1)),2)
For Period (gives me a two digit Period
TEXT(CHOOSE(MONTH(D5),4,5,6,7,8,9,10,11,12,1,2,3),"0#")
For Week
WEEKNUM(D5,1)-WEEKNUM(DATE(YEAR(D5),MONTH(D5),1),1)+1)
I believe I have a solution for you. Discussion to follow, but here's the full formula:
=CONCAT("FY",RIGHT(YEAR(D5+91+WEEKDAY(DATE(YEAR(D5),10,1))),2),"P",TEXT(IF(MONTH(D5+(7-WEEKDAY(D5)))<>MONTH(D5),IF(MONTH(D5)=9,1,CHOOSE(MONTH(D5),5,6,7,8,9,10,11,12,1,2,3,4)),CHOOSE(MONTH(D5),4,5,6,7,8,9,10,11,12,1,2,3)),"0#"),"W",ROUNDUP(((D5-IF(MONTH(D5+(7-WEEKDAY(D5)))<>MONTH(D5),DATE(YEAR(D5),MONTH(D5)+1,1)-WEEKDAY(DATE(YEAR(D5),MONTH(D5)+1,1))+1,DATE(YEAR(D5),MONTH(D5),1)-WEEKDAY(DATE(YEAR(D5),MONTH(D5),1))+1))/7)+0.01,0))
One issue is that this still calculates 2/2/2020 the way you said was incorrect. When I verify it against a calendar, though, it seems that FY20P05W02 should be correct. If the week that includes the first of the month begins a new pay period, that would mean 2/1/2020, falling on a Saturday, would be the last day of fiscal week 1. That would make 2/2/2020 the first day of fiscal week 2.
To calculate fiscal year, I used RIGHT(YEAR(D5+91+WEEKDAY(DATE(YEAR(D5),10,1))),2). Since you can count on there always being 91 days from the beginning of October to the end of December, it helps with this calculation. In your formula, you had MONTH(D5)+(10-1), which would push you 9 months out past the month in D5. This explains why your result for 4/5/2020 was off by a year.
Fiscal period was a bit trickier, requiring a couple nested IF statements. I used IF(MONTH(D5+(7-WEEKDAY(D5)))<>MONTH(D5) first to account for days at the end of the month that would fall into the next fiscal period, then IF(MONTH(D5)=9 to account for the few days at the end of September that might fall into the next fiscal year. Days at the end of September would default to 1, days at the end of a month that are included in the next fiscal period use the first CHOOSE function (they need the next month's number), and everything else gets the CHOOSE function as you wrote it.
The fiscal week took a bit more, but in the end I evaluated the beginning of the current fiscal month and subtracted it from the date in D5, then divided by 7 and added 0.01 so that even numbers would round up correctly.
I tested this out over a few years of dates and it seemed to be functioning correctly, but let me know if you have questions or issues.
One thing to consider when using WEEKNUM is that you'll have a week that is counted twice at the beginning of the year unless you use option 21 or ISOWEEKNUM. These give the same result as each other, and ensure that only one week number is assigned to any given day, no matter the year.
I have some calculations that are strongly dependent on "this week", "next week", etc.
Let's say I have a date (Column A). I can use WEEKNUM((A1), 2) in Column B to get the week number.
In Column C, I can enter this formula to check if the event is this week or next week.
=IF(B1=WEEKNUM((TODAY()),2),"this week",IF(B1=WEEKNUM((TODAY()+7),2),"next week","way in the future"))
This all works great until I have events that cross into next year. So December 31, 2019, will be week 53 and December 31, 2020, will be week 53.
This is an issue because I need a way to account that December 31, 2020 happens later than December 31, 2019.
How do I account for change in years in this formula?
Update:
Adding YEAR as an additional condition will allow me to compare if the date HAS a different year but it still won't let me dynamically calculate, this week, next week.
In this second example, I set two dates and set my computer time as December 31 2019. The result is that instead of reporting 1/1/2020 as "next week" the formula returns "way in the future" which is incorrect.
Is there basically a way to subtract or add weeks using serial week number since epoch time?
Eh, I think I figured it out. Instead of comparing week numbers, we extract the Monday of each week and perform a similar comparison like before. Except we now have the entire date instead of just the week number.
=IF(A2-MOD(A2-2,7)=TODAY()-MOD(TODAY()-2,7),"this week",IF(A2-MOD(A2-2,7)=TODAY()-MOD(TODAY()-2,7)+7,"next week","way in the future"))
I am working a sick leave pay schedule. The issue i am having is that we pay in 2 different ways; for every month , EXCEPT February, a days pay is worked out using ( in my sheet ):
B21/365*P28 (where B21 = annual salary and P28 = number of days)
However, i would like to create a formula that differentiates when a person was sick during February and pay the February days at a rate of
B21/12/28*P28
I assumed it would be a simple if(and()) but i cannot get it work.
My dates of sick leave are added between F28 ( start) -G28 (end).
I would like it to know when a date is in Feb and count that many days at the Feb rate, and also count the other days at the normal rate.
As an example, if a person is ill between the 25th of January and 5th of February i'd like to pay 7 days at the normal rate, and 5 days at the February rate automatically. Cell S28 is where the payment appears.
Option 1 - Include Weekends
I used this formula in D2 (and drag down):
=SUMPRODUCT(--(MONTH(ROW(INDIRECT(A2&":"&B2)))=2)
And E2 is simply:
=(B2-A2+1)-D2
Option 2 - Exclude Weekends
Use the following formulas:
=SUMPRODUCT((MONTH(ROW(INDIRECT(A2&":"&B2)))=2)*(WEEKDAY(ROW(INDIRECT(A2&":"&B2)),2)<=5))
and
=NETWORKDAYS(A2,B2)-D2
I'm wondering if this is possible. I am creating a spreadsheet to track project due dates. Each project must be completed by the 30th calendar day, but must be turned in on a business day.
Currently, I am just adding 30 days to the start date but this means some due dates aren't always accurate. For example, if the 30th day is Saturday, April 2nd, then the real due date would be Friday April 1st.
Is there a way to construct a conditional such that the due date equals the 30th calendar day, unless that falls on a weekend / holiday, where it then falls on the next earliest business day?
I've been struggling to figure out a way to do this.
For English settings in Excel, with a date in A1, in B1 enter:
=IF(TEXT(A1+30,"DDDD")="Sunday",A1+28,IF(TEXT(A1+30,"DDDD")="Saturday",A1+29,A1+30))
This simple-minded approach only handles Saturdays and Sundays, not arbitrary holidays.
I would prefer more elegant way like using WORKDAY.INTL
=WORKDAY.INTL(A2+31,-1,1,E2:E)
Explanation: start date + 31 days (1 day more than maximum calendar days)
then subtract 1 working day - going to last previous working day
Reason: because this formula does know when are weekends (by using variables) and also knows to skip hollydays by a custom list.
here is an example sheet you can use
Revised after comment:
Try this:
=(A4+30)+CHOOSE(WEEKDAY(A4+30),1,0,0,0,0,0,-1)
Your date, in A4, + 30 days, then add an amount of days until the next workday. If A4 + 30 is a Saturday it will subtract 1 day, a Sunday will add 1.
I'm stuck creating a formula that will calculate days before the end of the month then adjust to make sure it is a business day. For example: 30 days before 6/30/2015 is 5/31/2015 which is a Sunday. I need that to adjust to the Friday before.
I'm working on finding the due dates of a number of documents that are due a certain number of days before another date. For example: documents are due 30 days before the last day of the month. However, the number of days varies and the due date needs to fall on a business day (Monday-Friday). Sometimes it's 30 days, sometimes it's 60 days, sometimes it's 30 calendar days + 5 business days, etc.
I've been able to calculate 30 days + 5 business days with the following formula:
=workday(start_date-30,-5)
Any ideas how to adjust this so that I can just have the due date be 30 calendar days before a certain date but also always be a business day?
Using WORKDAY you can use a formula like this:
=WORKDAY(A1+B1+1,-1)
where A1 is your start date and B1 the number of days to add.
You probably need to write a macro function or maybe some nested IF statements in your cell's formula.
Take a look at http://www.mrexcel.com/forum/excel-questions/481558-round-date-nearest-workday.html
That solution moves forward to the nearest workday, but the principle is sound: just subtract instead of add.