Creating Excel date difference of week days only

I'm looking to make an Excel formula that takes the difference of two dates, skipping weekends.  I want only weekdays, but the standard subtraction formula counts all calendar days.

How can i do this without installing a third-party add-in?  THanks
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ConsultantCommented:
The formula below returns the number of specific week days between any two dates. The week days to count are specified as an array enclosed in braces. The week days are integers where 1 = Sunday, 2 = Monday, 3 = Tuesday, 4 = Wednesday, 5 = Thursday, 6 = Friday, and 7 = Saturday. The example formula below counts the number of week days (Monday through Friday) between the two dates.

=SUMPRODUCT((WEEKDAY(ROW(INDIRECT(A1&":"&B1)))={2,3,4,5,6})*1)

The example formula below counts all Mondays between the dates in A1 and B1.

=SUMPRODUCT((WEEKDAY(ROW(INDIRECT(A1&":"&B1)))=2)*1)

The two dates do not have to be in any order. If only one week day is specified the braces are not required. Dates that can be used range from January 1, 1900 to June 5, 2079.

To consider holidays, use the formula template below.

=SUMPRODUCT((WEEKDAY(ROW(INDIRECT(A1&":"&B1)))={2,3,4,5})*(COUNTIF(X1:X10,ROW(INDIRECT(A1&":"&B1)))=0))

Where the range X1:X10 is a list of holidays specified as Excel date time values. Only week days that do not fall on the specified list of holidays are counted.

Kevin
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Commented:
There is also a function that requires the Analysis Toolpak add-in (Tools - Add-Ins check Analysis Toolpak) called NETWORKDAYS.

=NETWORKDAYS(startDate, EndDate)

You can also add a comma after the end date and include the list of Holidays (range of cells) you would also like to exclude.  Good Luck.

MVB

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ConsultantCommented:
A word of caution: NETWORKDAYS requires a reference to the Analysis ToolPak.

Kevin
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Author Commented:
Thanks.

For formula

=SUMPRODUCT((WEEKDAY(ROW(INDIRECT(A1&":"&B1)))=2)*1)

Works if cells A1 and B1 contains dates.  However, follow up:  I want to compare cell A1 to the current date.  I tried NOW() in place of B1 and i get a #REF!.  I also tried DATEVALUE(NOW()) and i get #VALUE!.

Can you help?  Thanks
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Commented:
Bdietz,

Try today().

MVB
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ConsultantCommented:
Note that the formula you chose only counts Mondays. If you want to count week days (Mon-Fri) then use:

=SUMPRODUCT((WEEKDAY(ROW(INDIRECT(A1&":"&B1)))={2,3,4,5,6})*1)

The formula requires integer values for the dates (no time component) so you can truncate the value:

TRUNC(B1)

you can truncate the NOW function result:

TRUNC(NOW)

or you can use the TODAY function as MVB stated.

Excel stores dates as double values where the whole part of the number of the day and the fractional part is the time.

Kevin
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Commented:
Daleoran,
Kevin's solution is one that I've added to my KNOWLEDGE BASE.  It's a unique way to use the INDIRECT function to turn the date input into a range!  It does not require the ANALYSIS TOOL-PAK, but is a little more involved than the built in NETWORKDAYS function that can be accessed with the ADD-IN.
Both solutions do provide a different way to arrive at the same answer to the question.  That being said, any recommedation you make would be fine with me!

Michael

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