Calculate Total Months Between Two Dates
Calculate Total Months Between Two Dates – Excel has a very powerful function to calculate the number of days between two dates in Excel. This is especially useful when you are creating a Gantt chart or setting a schedule for a proposal/project.
In this tutorial you will learn how to calculate the number of days between two dates (in different situations):
Calculate Total Months Between Two Dates
Excel’s DAYS function can be used to calculate the total number of days when you have a start and end date.
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You need to specify “start date” and “end date” in the date function and this will give you the total number of days between the two specified dates.
For example, suppose you have a start date in cell B1 and an end date in cell B2 (as shown below):
Note that you can also specify dates manually in the Days function by enclosing them in double quotes. Just make sure these double-referenced dates are in an acceptable Excel date format.
The Days function determines the number of days between two dates. This means that if December 1, 2017 and December 2, 2017, 1 is returned, if you want both days to count, you need to add 1 to the result of the Days function. You can read more about the features of the day here.
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The DATEDIF function (derived from Date Difference) also allows you to quickly get the number of days between two dates. But unlike the DAYS function, it can do more.
You can also use the DATEDIF function to calculate the number of months or years that have passed since two given dates.
Suppose you have the following data set and you want to get the number of days between these two dates:
Note that by removing rows from other Excel functions, when you enter the DATEDIF function in Excel, it won’t show IntelliSense (the AutoComplete option that lets you have formula arguments).
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If you want to calculate the number of days between two dates, it is better to use the DAYS function. DATEDIF is more appropriate when you want to calculate the total number of years or months that have passed between two dates.
For example, the formula below will give the total number of months between two dates (in B1 and B2)
You can read more about the DATEDIF function here. One of the common uses of this function is when you need to calculate age in Excel.
Excel has two functions that give you the total number of working days between two dates and automatically account for weekends and holidays.
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First let’s consider an example where we need to calculate the number of working days (working days) between two days, with weekends being Saturday and Sunday.
To calculate the number of working days (column D) – when determining the start date, end date and weekend – use the following formula in D3 and copy it to all cells:
This function works well in most cases, except when the weekend is a day other than Saturday and Sunday.
For example, in Middle Eastern countries, Friday and Saturday are weekends, or in some jobs, people may have a six-day work week.
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Before we go through the example, let’s quickly learn about the syntax and arguments of the Excel function NETWORKDAY INTERNATIONAL
Now let’s see an example of calculating the number of working days between two weekend days that are Friday and Saturday.
To calculate the number of working days (column D) with non-working days as Friday and Saturday, use the following formula:
The third argument in this formula (number 7) tells the formula to count Friday and Saturday as holidays.
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While the Networkdays function calculates the number of working days, we can also use it to get the number of weekend days between two dates.
Here is the formula that will give the total number of days off between two dates:
You can also use Excel’s NETWORKDAYS.INTL function to calculate the number of working days for part-time employees.
Consider an example where you are involved in a project where you have to work part-time (Tuesdays and Thursdays only).
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Note that instead of selecting the output from the drop-down menu built into the function, we used “1010111”.
By the same reason, “1010111” indicates that only Tuesday and Thursday work, and the remaining 5 days are not working.
If you have holidays (that you don’t want included in the results), you can specify those holidays as the fourth argument.
To find the number of Mondays between two dates (or tomorrow), we can use the same logic used above to calculate part-time hours.
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This article was co-authored by Carla Tobe. Carla Tobey is a licensed real estate broker in Richland, WA. She has been an active real estate broker since 2005 and in 2013 founded CT Realty LLC. She graduated from Washington State University with a degree in Business Administration and Management Information Systems.
This article refers to 7 links that can be found at the bottom of the page.
Payments, such as monthly payments on the loan, are paid to the lender along with interest and finance charges. Typically, monthly loan payments are made for large purchases such as appliances, cars, or other large property purchases.
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It’s easy to apply, and you can use an online calculator, a spreadsheet program like Excel, or do it yourself.
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This article was co-authored by Carla Tobe. Carla Tobey is a licensed real estate broker in Richland, WA. She has been an active real estate broker since 2005 and in 2013 founded CT Realty LLC. She graduated from Washington State University with a degree in Business Administration and Management Information Systems. This article has been viewed 308,227 times.
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