How To Add Text Before A Formula In Excel Calculate Working Days Between 2 Date

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Calculate Working Days Between 2 Date

Counting working days is always a challenge for all of us. Although the concept is simple, calculating it was not easy. The method we usually use is to physically count the number of days using a calendar. This method is very prone to human error and therefore, we tend to count a few times to make sure we count correctly. Imagine how taxing it is to count multiple sets of dates. Things would be different if you were using MS Excel, because it can help you find answers quickly and accurately in a few different ways.

The first way is to use a formula called NETWORKDAYS. The formula is very easy to use. All you have to do is type in the formula, enter the start and end dates. The formula will instantly show the number of working days between the 2 given dates, based on a five-day working week. If you wish to exclude holidays from the calculation, simply enter the holidays you wish to exclude from the formula. You can enter all the holidays of the year and the NETWORKDAYS formula will be able to select the appropriate holidays when they fall between the start and end dates. You cannot find this formula in your Excel application, if you have not opened the Analysis Toolpak Addin. Some of you may install the Addin in Excel. This Addin contains additional powerful formulas, unknown to many users, such as the NETWORKDAYS formula.

The second way to calculate working days is to use a combination of formulas as shown (D6 contains the start date and E6 the end date:

SUMPRODUCT(–(WEEKDAY(ROW(INDIRECT($D6&”:”&$E6))),2)

It uses the power of array formulas. The INDIRECT formula converts a text reference to an active array reference.

SUMPRODUCT(–(WEEKDAY(ROW)INDIRECT($D6&”:”&$E6)),2)ROW(INDIRECT($D6&”:”&$E6)),2)Weekday formula for all listed days (not visible) and identifies those days that meet condition (i) mentioned (if days are before or same as Friday, ie Mon to Fri).

SUMPRODUCT(–(DAY OF THE WEEK(ROW(INDIRECT($D6&”:”&$E6)),2)The SUMPRODUCT formula, will add all the ones and zeros found in all the dates in the abstract table and give you the total number of days from Monday to Friday in each week.

You use the same formula but change the order from SUMPRODUCT(–(WEEKDAY(ROW(INDIRECT($D6&”:&$E6)),2)=5))*0.5

When the 2 formulas are added together, we will be able to calculate the number of working days based on a week of 5.5 working days.

=USUMPRODUCT(–(WEEKDAY(ROW(INDIRECT($D6&”:&$E6))),2)SUMPRODUCT(–(WEEKDAY(ROW(INDIRECT($D6&”:&$E6)),2)=6))*0.5

We used the second formula in our payroll template to calculate the number of working days in a month.

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