But, fiscal years don't have to have the same start/end dates as calendar
years. For example, the U.S. Federal Fiscal Year is 10/1 - 9/30. In some
cases, an entities fiscal period can be more or less than 12 months. Also,
I've seen some entities define their fiscal year in days (360 or 365 - I
don't remember exactly), but I do remember their FYB sometimes was in
January, sometimes in December (and I don't recall whether or not the
quarters broke on the same date every year).

Where H5 has the FYB, and J8 has the date in question, I think this will
address the issue of the fiscal year not matching the calendar year
=IF(J8<=EOMONTH(H5,11),MATCH(J8,DATE(YEAR(H5),MONT H(H5)+{0,3,6,9},1)),"")

array entered, but it's still incomplete as it doesn't address other
possible scenarios.

"Biff" wrote:

Easy enough:

=CEILING(MONTH(J2)/3,1)

For robustness:

=IF(ISNUMBER(J2),CEILING(MONTH(D2)/3,1),"")

Biff

"Jeff Stubing" <Jeff wrote in message
...
Excel should have a built in QUARTER function which allows users to
calculate
the QUARTER in which a transaction occurs based on the date of the
transaction.

Ex: =QUARTER(J2) where cell J2 holds a date.

You have it for MONTH, DAY, and YEAR why not for QUARTER for those of us
in
the financial world?

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