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Calculating overlapping time periods
I would so much appreciate any help with Microsoft Excel in having the
software automatically calculate the number of time periods to apply for salary cost purposes. Here is the issue: Employee Y Annual Merit increase dates a 03/01/2007 - 02/28/2008 $100,000 03/01/2008 - 02/28/2009 $105,000 Project Dates a 07/01/2007 - 6/30/2008 For this project period (07/01/2007 - 6/30/2008), Employee Y's salary would be 8 months of $100,000 = $66,667 4 months of $105,000 = $35,000 Total $101,667 Have you any idea which formula we could use to calculate this? Thank a million! |
Calculating overlapping time periods
Arlette:
Try these in the following cells. It works for the whole months. It won't work for split months and oyu need to decide on days etc for that policy. [A2]= 3/1/2007 [B2]= 2/29/2008 <<<< Leap year [C2]=100000 [A3]= 3/1/2008 [B3]= 2/28/2009 [C3]=105000 [A6]=Project Dates A [A8]=7/1/2007 [B8]= 6/30/2008 [A10]=Rates [A11]= =A8 [B11]= =MIN(B8,B2) [C11]= =DATEDIF(A11,B11,"m")+1 [D11]= =ROUND(C2*C11/12,2) [A12]= =IF(B11<=B3,B11+1,0) [A12]= =MIN(B8,B3) [A12]= =DATEDIF(A12,B12,"m")+1 [A12]= =ROUND(C12/12*C3,2) [D13]= =SUM(D11:D12) -- Hope this helps Martin Fishlock Please do not forget to rate this reply. "Arlette" wrote: I would so much appreciate any help with Microsoft Excel in having the software automatically calculate the number of time periods to apply for salary cost purposes. Here is the issue: Employee Y Annual Merit increase dates a 03/01/2007 - 02/28/2008 $100,000 03/01/2008 - 02/28/2009 $105,000 Project Dates a 07/01/2007 - 6/30/2008 For this project period (07/01/2007 - 6/30/2008), Employee Y's salary would be 8 months of $100,000 = $66,667 4 months of $105,000 = $35,000 Total $101,667 Have you any idea which formula we could use to calculate this? Thank a million! |
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