Skip to main content

Excel YEARFRAC function

doc workday.intl function 1

If you want to follow along with this tutorial, please download the example spreadsheet.
doc sample

Description

The YEAR function is used to calculate the fractional year in a decimal format between given dates.

Syntax and arguments

Formula syntax

YEARFRAC(start_date, end_date, [basis])

doc yearfrac function 2

Arguments

  • Start_date: Required. The start date that is used to calculate the fractional year, it cannot be a text.
  • End_date: Required. The end date that is used to calculate the fractional year, it cannot be a text.
  • Basis: Optional. The basis determines how to calculate the fractional year. If it is omitted, it is 0.

 Basis Day count basis 
 0 or omitted  30/360 (USA convention)
 1  Actual/Actual
 2 Actual/360 
 3 Actual/365 
 4 30/360 (European convention)  

Return Value

The YEAR function returns a decimal number.

Remarks

1. When using the US (NASD) 30/360 basis, and the start_date is the last day in February, the YEARFRAC function may return an incorrect result.

2. All arguments will be truncated to integer.

Errors

1. #VALUE! error appears when the argument start_date or end_date are invalid dates.

2. #NUM! error appears when the basis is out of range 0-4.

Usage and Examples

Example 1 Basic usage

To get the fractional year based on the start date in cell B3 and end date in cell C3, please use below formula:

=YEARFRAC(B3,C3)

doc yearfrac function 3

Press Enter key to get the result.
doc yearfrac function 4

In this example, the [basis] are omitted, you can use the type of basis as you need.

Example 2 Combine DATE function

Sometimes, you may want to directly type the dates as the argument start_date and end_date in the formula. For preventing errors, you can use the DATE function in the formula.

For instance, the start date is 12/1/2019, the end date is 1/3/2020, please use below formula:

=YEARFRAC(DATE(2019,1,12),DATE(2020,3,1))

doc yearfrac function 5

Press Enter key to get the result.
doc yearfrac function 6

In this example, the [basis] are omitted, you can use the type of basis as you need.


Relative Functions:

  • Excel YEAR Function
    The YEAR function returns the year based on the given date in a 4-digit serial number format.

  • Excel DAYS360 Function
    DAYS360 function can help you to return the number of days between two dates based on a 360-day year, which is considered to have 30 days in each month.

  • Excel WEEKNUM Function
    The WEEKNUM in Excel returns the week number of the given date in a year, which starts counting weeks from January 1.

  • Excel WORKDAY;Function
    The WORKDAY is used to add a specified number of workdays to a started date and returns the future or past date in a serial number format.


The Best Office Productivity Tools

Kutools for Excel - Helps You To Stand Out From Crowd

🤖 Kutools AI Aide: Revolutionize data analysis based on: Intelligent Execution   |  Generate Code  |  Create Custom Formulas  |  Analyze Data and Generate Charts  |  Invoke Kutools Functions
Popular Features: Find, Highlight or Identify Duplicates  |  Delete Blank Rows  |  Combine Columns or Cells without Losing Data  |  Round without Formula ...
Super VLookup: Multiple Criteria  |  Multiple Value  |  Across Multi-Sheets  |  Fuzzy Lookup...
Adv. Drop-down List: Easy Drop Down List  |  Dependent Drop Down List  |  Multi-select Drop Down List...
Column Manager: Add a Specific Number of Columns  |  Move Columns  |  Toggle Visibility Status of Hidden Columns  Compare Columns to Select Same & Different Cells ...
Featured Features: Grid Focus  |  Design View  |  Big Formula Bar  |  Workbook & Sheet Manager | Resource Library (Auto Text)  |  Date Picker  |  Combine Worksheets  |  Encrypt/Decrypt Cells  |  Send Emails by List  |  Super Filter  |  Special Filter (filter bold/italic/strikethrough...) ...
Top 15 Toolsets12 Text Tools (Add Text, Remove Characters ...)  |  50+ Chart Types (Gantt Chart ...)  |  40+ Practical Formulas (Calculate age based on birthday ...)  |  19 Insertion Tools (Insert QR Code, Insert Picture from Path ...)  |  12 Conversion Tools (Numbers to Words, Currency Conversion ...)  |  7 Merge & Split Tools (Advanced Combine Rows, Split Excel Cells ...)  |  ... and more

Kutools for Excel Boasts Over 300 Features, Ensuring That What You Need is Just A Click Away...

Description


Office Tab - Enable Tabbed Reading and Editing in Microsoft Office (include Excel)

  • One second to switch between dozens of open documents!
  • Reduce hundreds of mouse clicks for you every day, say goodbye to mouse hand.
  • Increases your productivity by 50% when viewing and editing multiple documents.
  • Brings Efficient Tabs to Office (include Excel), Just Like Chrome, Edge and Firefox.
Comments (0)
No ratings yet. Be the first to rate!
There are no comments posted here yet
Please leave your comments in English
Posting as Guest
×
Rate this post:
0   Characters
Suggested Locations