How to calculate months between two dates in excel
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Introduction:
Microsoft Excel is a powerful tool that offers numerous functions to make it easy for users to perform various complex calculations. One such function is calculating the number of months between two specific dates. In this article, we will discuss how to calculate the months between two dates in excel using different methods.
Method 1: Using the DATEDIF Function
The DATEDIF function in Excel is specifically designed for finding the difference between two dates. Here’s how you can use it to calculate the months between two dates:
1. Enter your start date in cell A1 and end date in cell B1.
2. In cell C1, enter the following formula: =DATEDIF(A1, B1, “m”)
3. Press Enter, and you will see the number of months between the two dates in cell C1.
Note: The DATEDIF function has some limitations and might not work correctly with certain date ranges.
Method 2: Using the YEAR and MONTH Functions
Another way to calculate the months between two dates is by using a combination of YEAR and MONTH functions, as explained below:
1. Enter your start date in cell A1 and end date in cell B1.
2. In cell C1, enter the following formula: =(YEAR(B1) – YEAR(A1))*12 + MONTH(B1) – MONTH(A1)
3. Press Enter, and you will see the number of months between the two dates in cell C1.
This method considers only full calendar months and does not include partial months.
Method 3: Using EDATE Function (for Completed Months Only)
If you need to calculate completed months only or exclude partial months, you can use the EDATE function along withYEARFRAC:
1. Enter your start date in cell A1 and end date in cell B1.
2. In cell C1, enter the following formula: =12 * (YEAR(B1) – YEAR(A1)) – MONTH(EDATE(A1, 0)) + MONTH(B1)
3. Press Enter, and you will see the number of months between the two dates in cell C1.
This method only counts completed months between the two dates and excludes any partial months.
Conclusion:
Calculating the number of months between two dates in Excel can be done using various methods. The choice of method depends on your specific requirements and preferences. Whether you need to include only full calendar months or consider partial months as well, Excel has a suitable method for you.