How to Calculate Monthly Data in Excel: A Step-by-Step Guide

Learn how to calculate data based on months in Excel using the MONTH function and criteria functions like SUMIF.

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To calculate data based on month in Excel, use the MONTH function to extract the month number from a date. For example, to find the month for a date in cell A1, use `=MONTH(A1)`. Combine this with SUMIF or COUNTIF functions to calculate sums or counts based on months from a date range.

FAQs & Answers

  1. What is the MONTH function in Excel? The MONTH function extracts the month number from a date, helping to organize and analyze date-related data.
  2. How do I use SUMIF based on month in Excel? Use the SUMIF function along with the MONTH function to sum values that meet specific month criteria from a date range.
  3. Can I calculate counts based on months in Excel? Yes, by combining the COUNTIF function with the MONTH function, you can count occurrences based on specific months.
  4. What are some practical applications of using dates in Excel? You can analyze sales data by month, manage project timelines, and track performance metrics over monthly intervals.