Formula - Value if True not returning valid year


Active Member
Jul 26, 2018
Hi there,

I have a formula which the "Value if True" result is not calculating correctly.

For example, if the date in cell D7 is 30/06/18 return 2016-17 but if the month of cell D7 is December, return the year of D7 minus 1 year.

The bit that doesn't seem to be working is YEAR(D7)-1
This returns 1905 instead of 2017.


Can someone see where I am going wrong please?

Thank you!

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