What is the 7/1/8 and 7/1/7 that you are testing G11 supposed to be...
dates??? Excel is seeing them a set of divisions (7 divided by 1 and that
result divided by 8 or 7 depending on which test we are talking about.

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Rick (MVP - Excel)


"Twodot" wrote in message
...
I am evaluating a column of dates and trying to assign each to a fiscal
year.
I can't figure out what's wrong with this statement but it returns FY09 no
matter what date it is evaluating.

=IF(G11=7/1/8,"FY09",IF(G11=7/1/7,"FY08","PRIOR"))
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twodots left