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Running date formula in excelsheet

Hello, I have a column that includes an employee start date (i.e. 1/4/2002). I was hoping to put in an allowance column, for each employee, to have a formula which automatically inserts their $200 allowance when they have work a full year.

Look forward to your solution

byundt

Consider a formula like the following:
=IF(DATEDIF(A1,TODAY(),"y")>=1,200,"")

It will return an empty string (looks like a blank) if the employee has worked less than one year. It will return 200 on their anniversary date and thereafter.

byundt

DATEDIF is a "secret" function that has been part of Excel for a long time, but was only documented in Excel 2000. Even though it is undocumented, you can still use it for problems like this.

If you want to learn more about the DATEDIF function, Microsoft Excel MVP Chip Pearson has a good webpage on it: http://www.cpearson.com/excel/datedif.aspx

Ozwazza

ASKER

Hello excel gurus, the datedif function will not work because it is always >=1 if the year is >2013. I can only write in pseudocode (showing my age!)

IF (start date year) <= (Year(today)-1) THEN
IF (start date month) >= (month(today)) THEN
IF (start date day) >= (day(today)) THEN
ALLOWANCE=200
END IF
END IF
ELSE
IF (start date month) >= (month(today) THEN
IF (start date day)>=(day(today)) THEN
ALLOWNCE=200
END IF
END IF
END IF

can someone give me a an excel formula for that?

Cheers
Warren

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byundt

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Ozwazza

ASKER

Wonderful, cheers