Semi-Dynamic Fiscal Year & Quarter Formula

legalhustler

Well-known Member
Joined
Jun 5, 2014
Messages
1,062
I have a workbook with the following dynamic formula that determines the fiscal year and quarter based on todays date. When I run the formula today it will result in "FY 2019 Q2" but when I open the same workbook in April 2019 it will change to "FY 2019 Q3" but I do not want that to happen when the window for that fiscal year and quarter changes, essentially making the formula from fully dynamic to semi-dynamic. How can I achieve this?

="FY "&YEAR(TODAY())-(MONTH(TODAY())<10)&" "&LOOKUP(MONTH(TODAY()),{1,"Q2";4,"Q3";7,"Q4";10,"Q1"})

*Note* I do not want to paste the formula as values. I like to keep it semi-automated.
 
Last edited:

Ruca13

Board Regular
Joined
Oct 13, 2016
Messages
81
Instead of using TODAY in the formula, refer to another cell where you put a date. Then, unless you change the date, the result will hold.

Regards,
Rui
 

shg

MrExcel MVP
Joined
May 7, 2008
Messages
21,678
That formula returns FY 2018 Q2 today.

With the date of interest in A2,

="FY " & YEAR(A2) + (MONTH(A2) > 9) & " Q" & LOOKUP(MONTH(A2), {1,4,7,10}, {2,3,4,1})
 

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