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Excel Basics 10: 1) Date Number Format

This document discusses date and time number formatting and formulas in Excel. It covers entering dates and times in Excel, their underlying serial number representations, and formulas for calculating the number of days and hours between dates and times. Examples of the EDATE, EOMONTH, and MOD functions are provided. The document also demonstrates how to use the Evaluate Formula feature to step through a formula calculation in Excel and lists some relevant keyboard shortcuts.

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george brown
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41 views

Excel Basics 10: 1) Date Number Format

This document discusses date and time number formatting and formulas in Excel. It covers entering dates and times in Excel, their underlying serial number representations, and formulas for calculating the number of days and hours between dates and times. Examples of the EDATE, EOMONTH, and MOD functions are provided. The document also demonstrates how to use the Evaluate Formula feature to step through a formula calculation in Excel and lists some relevant keyboard shortcuts.

Uploaded by

george brown
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Office 2016– Excel Basics 10

Video/Class Project #22


Excel Basics 10: Date & Time Number Formatting, Formulas, Functions & Calculations
Goal in video # 10: Learn about Date & Time Number Formatting and see how to create various Date and Time Formulas
for business situations like Invoicing and Payroll.
1) Date Number Format:
i. Enter dates with forward slashes (there are other methods also) such as: 3/30/2016.
ii. Under the Date Number Format is a Serial Number that represents the number of days since December
31, 1899.
1. Examples:
Jan 1, 1900 = 1
Jan 2, 1900 = 2
Oct 30, 2013 = 41577
Mar 30 = 42459
iii. Some Date Math Formulas:
1. =End Date – Start Date = Number of Days Between Two Dates (Number of days an invoice is
late).
2. =End Date – Start Date + 1= Number of Days Between Two Dates Including the Start Date
(Number of days for a project that includes the start date).
3. =Loan Issue Date + Number of Days Loan Outstanding = Maturity Date.
iv. Some examples of Excel Date Functions:
1. EDATE function allows you to take a date and get the same day in a future or past month.
i. =EDATE(Date,2) jumps two months ahead
ii. =EDATE(Date,-2) jumps two months backwards.
2. EOMONTH allows you to take a date get the end of the month date for the current month, a
future month, or a past month.
i. =EOMONTH(Date,0) gives you the end of the month
ii. =EOMONTH(Date,1) gives you the end of next month
iii. =EOMONTH(Date,-1) gives you the end of last month.
v. Date Keyboards:
1. Ctrl + ; = Keyboard for hardcoding today's date.

2) Time Number Format:


i. Enter time as hour, colon, minutes, colon, seconds, then a space, and AM or PM (there are other
methods also) such as: 8:00 AM.
ii. Under the Time Number Format is a serial number that represents the proportion of one 24-hour day.
1. Examples:
8:00 AM = 8/24 = 1/3 = 0.333333333333333
12:00 PM = 12/24 = 1/2 = 0.5
3:00 PM = (12 + 3)/24 = 15/24 = 5/8 = 0.625
iii. Some Time Math Formulas:
1. =(End Time – Start Time)*24 = Hours worked in a non-night-shift day.
2. =MOD(End Time – Start Time,1)*24 = Hours worked in a day or night-shift day.
iv. Time Keyboards:
1. Ctrl + Shift + ; = Keyboard for hardcoding current time.

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3) Formula Evaluator (Evaluate Formula feature) to see how formula is calculated by Excel
i. Click in cell with formula.
ii. In Formula Ribbon Tab, in the Formula Auditing Group, click the Evaluate Formula button.
1. The button may look like this large button (Your screen is wide, or your screen resolution is
high):

2. The button may look like this small button (Your screen is narrow, or your screen resolution is
low):

iii. Then you will see the Evaluate Formula dialog box, like this:

iv. Click Evaluate button or use Enter to watch each step that Excel uses to evaluate or calculate your
formula!

4) Keyboards seen in this video:


1. Ctrl + ; = Keyboard for hardcoding today's date.

2. Ctrl + Shift + ; = Keyboard for hardcoding current time.

3. Ctrl + F1 = Toggle Ribbon Tabs from Hidden to not Hidden

4. Ctrl + Shift + ~ or Ctrl + Shift + ` = Apply General Number Formatting (Eraser)

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