How should I get the # of quarters in a year.
Mr./Mrs. Stefi,
thanks for your reply, if I consider E2 as join date (1 sep 05) and D2 as
pay date (31 Dec 05) it returns me (-1). I think the contrary of this formula
will work as following:
=INT((D2-E2)/91)+1
and can't we put 90 instead of 91? and also if we remove the last +1 it
doesn't work, cause I have tried 1 Jan as start date and 31 dec 05 as pay
date then it returned me 5.
Thanks,
Daoud
"Stefi" wrote:
Consider using this formula! It's not as exact as you required (because it
assumes 91 days for all quarters) but it is fairly simple.
=INT((E2-D2)/91)+1
where E2 join date
D2 pay date
Regards,
Stefi
Ra
€˛Daoud Fakhry€¯ ezt Ć*rta:
Hi all,
We are paying the health benefit to our employee on a quarterly basis
(calender base). We considered that if an employee joined the company between
1 Jan and 31 Mar we will count it 1 quarter and the same till end of the
year. Our employee is eligible for $1,000/year or $250/quarter. I want the
following to be calculated in a formula:
if the employee hire date is between 1 Jan to 31 Mar it should give me 1st
Quarter
if the employee hire date is between 1 Apr to 30 Jun it should give me 2nd
Quarter
if the employee hire date is between 1 July to 31 Aug it should give me 3rd
Quarter
if the employee hire date is between 1 Sep to 31 Dec it should give me 4th
Quarter
or it will be better to calculate the # of quarters between the hire date
and the benefit payment base date.
Or I am currently in December 2006 and want to calculate our employees
health benefit to calculate the # of quarters between the employee hire date
and 31 dec 06?
Thanks for all of your cooperations,
Best,
Daoud Fakhry
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