EDATE Formula in excel

What Does It Do?

This function is used to calculate a date which is a specific number of months in the past or in the future.

Syntax

=EDATE(StartDate,Months)

Formatting

The result will normally be expressed as a number, this can be formatted to represent a date by using the Format,Cells,Number,Date command.

Example

This example was used by a company hiring contract staff.

The company needed to know the end date of the employment.

The Start date is entered.

The contract Duration is entered as months.

The =EDATE() function has been used to calculate the end of the contract.

The company decide not to end contracts on Saturday or Sunday.

The =WEEKDAY() function has been used to identify the actaul weekday number of the end date.

If the week day number is 6 or 7, (Sat or Sun), then 5 is subtracted from the =EDATE() to ensure the end of contract falls on a Friday.

=EDATE(C48,D48)-IF(WEEKDAY(EDATE(C48,D48),2)>5,WEEKDAY(EDATE(C48,D48),2)-5,0)