Not sure how you want to use the formula; part of a heading for a report template?

Anyway, word of caution:

Since TODAY() is a volatile function and it gets changed every time when the worksheet is accessed, you may want to lock in the result of the formula by doing editpaste specialvalue.

Comments welcome.

Epinn

"Epinn" wrote in message ...
How about this?

=TEXT(TODAY(), IF(A1="Daily", "dd-mmm", IF(A1="Monthly", "mmm-yy",
"")))

OR

=TEXT(TODAY(), IF(TRIM(A1)="Daily", "dd-mmm", IF(TRIM(A1)="Monthly", "mmm-yy",
""))) which takes care of leading spaces.

If you accidentally key in a space and Daily in A1, the first formula will not return day and month but the second formula will.

Experts, please feel free to correct me.

Epinn

"Eric" wrote in message ...
Refering to the post in general question
Does anyone know how to do it in excel?
In cell A1, if text within this cell is "Daily", then the cell B1 will show
the date in this format "18-Jan". If cell A1, if text within this cell is
"Monthly", then teh cell B1 will show the date in this format "Jan-07"
Does anyone have any suggestion?

Thank you for any suggestion
Eric