Try this.

=(C1/(DATEDIF(A1,B1,"m")+1))*12

Where A1 = start date of financial year
B1 = payslip date
C1 is earnings to date

When entering this Excel will try to change the format of your cell to date
so change it back to general.

"Sam" wrote:

Hello all

I want to create a formula to annualise a persons income based on their
gross financial year to date income.

Assuming that the financial year begins on 1/7/06. The variables would be:-

Financial year start date (1/7/06)
Date of payslip
Year to date gross income

Result to calculate what the annualised income would be come 30/6/07

Thanks