First Day Of Month Excel
First Day Of Month Excel – Table of Contents Anatomy of the DAY Function Anatomy of the EO MONTH Function A real example of getting the first day of the month in Excel How to get the first day of the month in Excel
There are many tools and functions in Excel that we can use to perform many tasks. Moreover, it does not end with the calculation. However, we can also use several functions to manipulate the data.
First Day Of Month Excel
And data is extremely important when dealing with financial operations. When working with finances, we may need to retrieve different types of data based on a given date, such as the first day or the beginning of the month.
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However, Excel does not have any specific function with which we can completely and directly calculate the first day of the month. Fortunately, there are other Excel functions that we can use and easily manipulate to get the first day of the month.
Let’s say you are creating a financial report for the year 2021. And to calculate the sales, you need to get the first day of the month based on the given data. When working with large data sets, manually entering the first day of the month can be difficult and time-consuming.
So you decided to use the DAY function to get the first day of the month based on the given dates.
Great! Now we can dive in and learn about a real example of getting the first day of the month in Excel.
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Suppose we have a dataset containing specific data. And we need to get the first day of the month of each given date. So our initial dataset will look like this:
First, we can use the DAY function to get the first day of the month for the given dates. So we will create a formula using the DAY function. In this case, the DAY function returns the value of the day of the date.
Then simply subtract the days from the entered value. Next, we add 1 to get the first day of the month. For example, to get the first day of the month, the formula for the DAY function would be = date-day(date) + 1.
Second, we can also use the EOMONTH function to get the first day or beginning of the month. Similarly, this function takes a given date and returns the last date of the month. Later we can add 1 to the function to get the first day of the month.
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Additionally, we can also get the first day of the month based on the month name. We can use the DATEVALUE function for this. So this function will convert a text date into a number that will represent the date in Excel’s datetime code.
So we can use this function to create a formula that gets the first day of the month. Basically, the formula concatenates the day, month, and year to create a date. It then converts it to an actual date.
Finally, we can discuss how to get the first day of the month in Excel using various functions.
In this section, we will explain how to get the first day of the month in Excel using the DAY function, the EOMONTH function, and the DATEVALUE function. Follow the steps below to learn how to use these features.
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1. First we create a new column in the data set to enter the results. Then we start the function by entering an equal sign. Next, we can enter the formula “=B3-DAY(B3)+1”. Finally, press Enter to return the result.
2. Second, we drag the fill handle down to apply the formula to the remaining cells.
Function to get the first day of the month. Similarly, we start the function with an equal sign. Next, we enter the formula “=EOMONTH(B3,-1)+1”. Then press Enter to return the result.
5. Later, we’ll drag the fill handle down to copy the formula and apply it to other cells.
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A function to get the first day of the month based on the month and year name only. Then simply enter the formula “=DATEVALUE(“1″&”/”&E3&”/”&E5)”. Then press Enter to return the result.
And that’s quite enough! We discussed how to get the first day of the month. Now you can choose any of the discussed methods and apply them in your work as and when needed.
Interested in learning more about what Excel can do? Now you can use the EOMONTH function and various other available Microsoft Excel formulas to create amazing worksheets that will do the work for you. Don’t forget to subscribe to our newsletter to be the first to know about the latest guides and tutorials from us.
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It is possible to settle automatically on the first day of any month. While there is no specific functionality for day one rollback, this tutorial will introduce how to customize other data-related functionality to achieve this goal.
We know that Excel’s EOMONTH function returns the last day of a month, n months in the past or future. This function returns a number that represents the last day of the month before or after the specified time.
It’s the second month. It is the number of months after the start date that defines the period we need to calculate the last day.
For example, if we need to calculate the last day of the previous month (before the start date), we need to subtract 1 from the month argument. That would be -1.
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The feature returns on the last day of January 2019, but we are aiming for the first day of February.
Press F2 in cell B5 and type +1 at the end of the function, which literally adds one day to the serial number returned. Since the serial number returned represents the last day of the previous month, adding 1 will return the first day of the following month, and that’s our goal.
This function works by creating a date in the future or in the past by adding or subtracting from any of the function’s arguments.
Apply the date function to cell B8 using B3 as the year argument and month as the month argument. In the third argument, insert 1 instead of “DAY(B3)”.
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Calculation of the last day of the month is required in some cases, usually for financial purposes. Excel provides 2 main ways to do this: the EOMONTH function and the DATE function.
The purpose of this function is to return the last day of the month after or before the specified amount.
Note: The month argument requires a certain number of months before or after the start date. In this case, we count up to the last day of the current month, so 0.
The function returns a number, so use the shortcut CTRL+SHIFT+3 in cell B3 to format that value as a date.
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The DATE function creates a date in the future or in the past by incrementing or subtracting from any of the function’s arguments.
Typically, a function will be constructed similar to Figure 8. However, Excel provides the ability to customize its functions to serve purposes other than the primary function.
In this case, our goal is not to create a date: it is the last day of the month. For this reason, it is necessary to produce it in a different way.
Apply this function to cell B7 using B3 as the year and month argument and 0 instead of the day argument.
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You can learn a lot about the math of data by watching the “Complete” tutorial.
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