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Default Formula or Function for quarters

Hi guys

I'm wondering if there's a formula or function that I can enter into a
column that will return quarters.

* Currently, I have Q106 (meaning first quarter, 2006), Q206, Q306,
Q406, Q107, etc.
* I want the value of the cell to have a numeric value so that the MAX
in the column (ie, the most recent quarter) can be ascertained
numerically.
* It seems I need a function that uses a base of 4. I note that the
LOG function allows the use of a user-defined base, but LOG is not
what I'm after.

Any suggestions are appreciated

Paul Martin
Melbourne, Australia
 
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