Dear Daoud,

You could try this:

-----A1---------B1--------------C1-----Formula in C
22-Dec-06 -----21-Jul-07------7.0----
C1=ROUND(DAYS360(A2,C2)/30,1)

06-Jan-07 ------21-Jul-07------6.5----
C2=ROUND(DAYS360(A3,C3)/30,1)

06-Jan-07 ------20-Jan-07------0.5
C3=ROUND(DAYS360(A4,C4)/30,1)

Hope this helps!!!


"Daoud Fakhry" wrote:

Dear all,
I have a list of employees with a hire date and I need to calculated thier
benefit considering thier hire date. I need the formula to return me the # of
months from thier hire date to a specific date that I assign for it. The
tricky part is that I want to have the # of months in rounded fractions, for
example if an employee hire date is 22 Dec 06 and we pay the benefit 22 July
2007 then it should return me 7 months and if an employee hire date is 6 Jan
07 it should return me 6.5 months. See below the month start date to mid
month and from mid month to month end.


conditions are below: If the hire dates are in the first half it should
return me full month and if the hire date is in the second half of the month
(second part) then it should return me 0.5 momth.
month first part month second part
22Dec06-5Jan07 6Jan07-20Jan07
21Jan-4Feb 5Feb-19Feb
20Feb-6mar 7Mar-20Mar
21Mar-4Apr 5Apr-20Apr
21Apr-5Jun 6Jun-21Jun
22Jun-6Jul 7Jul-22Jul

Is there any master to help me out. thanks in advance. Let me know if you
need more clarification.

Daoud Fakhry