Date And Time Archives - Page 3 of 5

Dec242020 by excelhelp13No Comments

Calculate Expense Into Time Period Units

To Accomplish This Calculation We Will Use A Simple Division Formula Which Include Division By Year - Bi Week -Weekly And Daily. ItemYearly ExpenseGroceries6120Insurance9191Car Wash2173Car EMI6878Petrol3664Total28026 Yearly MonthlyBi WeeklyWeeklyDaily= Total Amount =A12/12=A12/24=A12/48=A12/36528026.002335.501167.75583.8876.78

Dec242020 by excelhelp13No Comments

Convert Days Hours Minutes Into Time

Date And Time, FORMULAS

Excel Store Date As A Serial Number And Hours Are Fractional Part Of Day. So Single Day Is Stored As A Numeric Value Of 1. It Means That 24Hrs Has The Value = 1, So The 12 Hrs Will Have The Value 12 /24 = 0.5, So If You Want To Convert The Fractional Value To A Decimal Hours Multiply It By 24. So 12 /24 Has The Fractional Value 0.5 And Multiplying It With 24 It Will Return The Decimal Hours That Is 12. So This Way We Calculate The Time In Excel. CLICK TO COPY FORMULACOPY FORMULA The Purpose Of This Example Is To Enter A Days + Hours + Minutes Separately Which Will Calculate The Time In Hours And Minutes And Display The Result As Total Hours. FORMULA:- =A424+IF(B4=24,24,IF(B4>24,(B4/24)24,TIME(B4,0,0)*24))+IF(C4<10,C4/100,IF(C4<=0,0,IF(C4=60,1,IF(C4<...

Dec242020 by excelhelp13No Comments

How The Time Is Stored In Excel

Date And Time, FORMULAS

DEFINITION :- Excel Store Date As A Serial Number And Hours Are Fractional Part Of Day. So Single Day Is Stored As A Numeric Value Of 1. It Means That 24Hrs Has The Value = 1, So The 12 Hrs Will Have The Value 12 /24 = 0.5, So If You Want To Convert The Fractional Value To A Decimal Hours Multiply It By 24. So 12 /24 Has The Fractional Value 0.5 And Multiplying It With 24 It Will Return The Decimal Hours That Is 12. So This Way We Calculate The Time In Excel. TimeTime Value Stored In ExcelCalculationOutput Hours15:00 PM15 / 24 = 0.6250.625 * 2415 14:00 PM14 / 24 = 0.58333333333333330.5833333333333333 * 2414 01:00 AM1 / 24 = 0.04166666666666670.0416666666666667 * 241 06:00 AM6 / 24 = 0.250.25 * 24 616:00 PM16 / 24 = 0.66666666666666670.6666666666666667 * 24 4 NOTE: - To Display...

Dec242020 by excelhelp13No Comments

Convert Cost Into Time in Excel

Date And Time, FORMULAS

Suppose Your Earning Hourly Rate Is $10.00. You Purchased An Item Of Cost $12.00 Now If You Want To Calculate The Time It Will Take You To Earn Those $2.00 Expense Money, We Can Use If Condition With Time Function And A Division Method With 24 Hours Turnaround. So Our Formula Will Be Like This:- FORMULA :- =IF(A3/B3/24 > TIME(1,0,0),(A3/B3/24) -TIME(1,0,0),"") NOTE:- For This Example If Hourly Rate Is Greater Than Purchased Item Rate Formula Will Return Blank. If You Want To Calculate That Too Then Please Use Only This Formula =B47/C47/24. By Division Of A3/B3/24 We Get 00:45:31 As A Time Value, This Means It Is Less Then A Hour So It Won't Calculate As Per This Example. We Have Used IF Condition To Compare The Time Generated By This (A3/B3/24) With Fixe...

Dec242020 by excelhelp13No Comments

Calculate Total Cost Of Your Project On Hourly Rate

Date And Time, FORMULAS

Suppose For Example If There Are 10 Workers At A Construction Plant And Spend 10 Workdays And 8 Working Hours Per Day To Complete. Then To Find The Cost By Hours We Will First Need To Find The Total Number Of Hours. That Is ( Total Workers * Total Working Days * Total Working Hours / Day ). Once We have The Total Number Of Hours We Can Multiply It By Our Hourly Rate. Formula For Full Project Cost :- =A7*B7*C7*D7 Formula For Per Day Cost :- =(A3*B3*C3*D3) /C3 Formula For Per Person Cost :- =(A3*B3*C3*D3) /A3 Formula For Per Hour Cost :- =D3*A3

Dec232020 by excelhelp13No Comments

Calculate Cost On Time Hours And Minutes

Date And Time, FORMULAS

Suppose We Have A List Of Time With Hours And Minute In Excel Cells That Shows The Worked Hours And Minutes In Column A, And In Column B The Hourly Rate For the Worked Hour, Now If We Want To Calculate The Payment Or Say Cost Based On Hours And Minute, We Will Calculate It By Multiplying The HH:MM With 24 And Then Multiply It With The Hourly Rate. That Will Look Like This (=Hours : Minutes * 24 (Hours) * Hourly Rate ). We Multiply HH:MM With 24 Hours Because It Is A Part Of 24 Hours. EXAMPLE :-Let Say There Is HH:MM = 10:00 And Hourly Rate Is $10.00 So Your Payment Or Cost Will Be $100.00. If 10:30 And Hourly Rate Is $10.00 Then Your Payment Will Be $105.00 Make Sure That The Hours And Minutes Are in Proper Decimal Value. By Default As Output The Excel Will Display The Time We Must...

Dec202020 by excelhelp13No Comments

Sumproduct To Sum Monthwise In Excel

Date And Time, FORMULAS, Maths

DEFINITION:- In this example we will use Sumproduct and Month Function to Sum the value based on month selection. Sumproduct return sum for a single range and Month function returns month from a given range. To do this we will also take help of hyphens or you can say a 2 minus sign (--) before giving the range reference. It actually convert and check the condition with true and false and return 0 for false and 1 for true. For more detail please check below step with image and video.

Dec182020 by excelhelp13No Comments

Convert Text To Date Format In Excel

Date And Time, FORMULAS, Text

DEFINITION:- Many times we come across the situation where Dates are in text format and not in Date format and even if you change the format to date still its not converted to date format and not working as accepted. So Its only indicate that excel is not recognizing it as dates and because of it it is not working accordingly. But to make sure that excel recognize it as a date we will follow the step as shown below. Select The Range Of Dates Cells.Go To Data Tab.Click On Text To ColumnsHit Next Until It reach to Step 3.In Step 3 You Will Find Date Option.Select The Date Option.Now Select The Correct Format From The Dropdown next To it.Then Hit Finish.That's It :)For More Details Please Check Images And Video Below.

Dec122020 by excelhelp13No Comments

SUMIF Time In Excel

Date And Time, FORMULAS

DEFINITION :- SUMIF is a inbuilt function in excel which sum up the multiple values in a proper range with proper given criteria. TIME function is also a inbuilt function which used to measure the time or display the time in excel. In this example we will use SUMIF function to sump up the time values from a different cell on a particular criteria. To know more about sumif and sumifs please check this post SUMIF IN EXCEL & Also SUMIFS IN EXCEL NOTE:- Make sure you have time format set for the output cell. please check the image below.

Dec122020 by excelhelp13No Comments

Find Time Difference In Excel

Date And Time, FORMULAS

DEFINITION:- To find the time difference we can use subtract method from a give two time values. But what if we have date & time together in each cell or both value has in it ? No matter here the TEXT FUNCTION comes in action. With the help of Text function we can first extract the time value from the date and time and then subtract it from one value from another value. Note:- Make sure you have time format set for the output cell. please check the image below.