Here is a handy trick to calculate last day of any month.
Assuming y and m contain the year & month for which you want to find the last day’s date, write
=DATE(y, m+1,0)
That is right, you can use ZERO (0) as the day.
When you do this, Excel tells us the last day of previous month.
How to calculate last day if I have a date in that month:
Instead of year and month, if you know a date & you want to find what is the last date… then use:
=EOMONTH(date, 0)
How to calculate the last working day of a month?
If you just care about working days.. then use:
=WORKDAY(DATE(y,m+1,1), -1)
This will give us the last working day of a month.
Dealing with holidays:
Very simple. Pass on a list of holidays to WORKDAY as last parameter. Like this:
=WORKDAY(DATE(y,m+1,1), -1, F1:F20)
This assumes, F1:F20 has a list of holiday dates.
Dealing with different weekend types:
Not everyone observes Saturday & Sunday as weekend. For example, I do not work on Tuesdays. You might have Sunday thru Thursday work week. If so,
use WORKDAY.INTL function, like this:
=WORKDAY.INTL(DATE(y,m+1,1), -1, 7)
Weekend type 7 is for Friday & Saturday weekend.
How do you calculate last date of a month?
Do you use some other formula to do this? Please share your tip using comments.
Work with dates often?
If you work with dates, then spend some time reading these tips:
5 Responses to “Preparing Profit / Loss Pivot Reports [Part 2 of 6]”
[...] Preparing Pivot Table P&L using Data sheet [...]
[...] Preparing Pivot Table P&L using Data sheet [...]
[...] Preparing Pivot Table P&L using Data sheet [...]
I am not getting sound from the videos. I have checked all the settings and spent several hours searching the Internet to no avail.
Has anyone else had this problem?
Is there anyway to get the Grand Total to be broken out in the same fashion as the items above it? For instance, if you have in column 1, widget a, widget b, and have their sales by month in column 2, I'd like to see the grand total also be by month, for widget a & b combined.
I can't get anything other than a single line for the grand total, rather than the same format as the data above.
Widget A Month Sales
Jan 100
Feb 200
Widget B
Jan 150
Feb 250
Grand total - here I would also like to have Jan, Feb.
Jan 250
Feb 450