How to Get last day of month in Excel
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Within Excel, dates play a critical role in various analyses, ranging from financial modeling to project planning. One common requirement is determining the last day of a month, which can be useful for end-of-month reporting, accounting closes, and more. Thankfully, Excel has built-in functions that can aid in this.
Benefits:
1. Financial Reporting: Monthly financial closes often require reports run as of the last day of the month.
2. Project Planning: Some tasks or activities might be scheduled to end on the last day of the month.
3. Billing & Payments: Some recurring billing cycles end on the final day of the month.
4. Data Consistency: Ensures that date references are consistent across different months, regardless of their length.
Step-by-Step Guide
1. Prepare Your Worksheet:
Start with a cell containing the date for which you want to find the last day of its month. Let's assume this date is in cell A1.
2. Use the EOMONTH Function:
Excel's EOMONTH function returns the last day of the month for a given date.
3. Formula Input:
In an adjacent cell, let’s say B1, enter the following formula:
=EOMONTH(A1, 0)
The first argument is the start date, and the second argument is the number of months to move forward or backward. A "0" means it will give the end date of the month for the given date.
4. **Retrieve the Result**:
Once you enter the formula, cell B1 will display the last date of the month from the date in A1.
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Example
Suppose you're managing a subscription-based service, and you give customers access until the last day of the month, regardless of when they sign up. You want to determine the last day of access based on their sign-up date.
1. Sample Data:
Place the following sign-up dates in cells A1 to A5:
A1: 15-Jan-2023
A2: 03-Feb-2023
A3: 25-Mar-2023
A4: 08-Apr-2023
A5: 13-May-2023
2. Formula Setup:
In cell B1, enter the formula:
=EOMONTH(A1, 0)
Drag the formula down from B1 to B5.
3. Get the Results:
The B column will now display the last day of the respective months:
B1: 31-Jan-2023
B2: 28-Feb-2023
B3: 31-Mar-2023
B4: 30-Apr-2023
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B5: 31-May-2023
Advanced Tips
1. Future/Past Months: If you want to find the last day of the next month or a past month relative to the date in A1, adjust the second argument in the EOMONTH function. For instance, =EOMONTH(A1, 1) gives the last day of the next month, and =EOMONTH(A1, -1) provides the last day of the previous month.
2. Start of the Month: If you want the first day of the next month, you can combine EOMONTH with the DATE function: =DATE(YEAR(EOMONTH(A1, 0)), MONTH(EOMONTH(A1, 0)) + 1, 1).
3. Dynamic Date Selection: Instead of referencing a specific date, use the TODAY() function to always work with the current date: =EOMONTH(TODAY(), 0).
4. Consider Leap Years: EOMONTH handles leap years, so if you use this function for February in a leap year, it will return February 29.
5. Formatting: Always ensure your cells are formatted as "Date" to display results correctly. This can be done from the Format Cells option or by using the Date formatting button on the Excel ribbon.
Mastering the ability to determine the last day of a month in Excel can streamline many date-based analyses and procedures. The EOMONTH function, in combination with other date functions, offers extensive flexibility for various applications in financial, planning, and operational tasks.
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1 年Excelente tutorial! Dicas e truques s?o incrivelmente úteis, especialmente para aqueles que trabalham com análises financeiras, planejamento de projetos e gest?o de dados. A capacidade de simplificar um processo complexo é realmente impressionante e economiza muito tempo. Compartilhamento valioso! #Produtividade #Excel #Planilhas #Microsoft