Scribd
Upload
12 views

DAYS360

Uploaded by

mukhsin.ft
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
12 views

DAYS360

Uploaded by

mukhsin.ft
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 1

DAYS360

Returns the number of days between two dates based on a 360-day year (twelve 30-day
months), which is used in some accounting calculations. Use this function to help
compute payments if your accounting system is based on twelve 30-day months.
Syntax
DAYS360(start_date,end_date,method)
Start_date and end_date are the two dates between which you want to know the
number of days. If start_date occurs after end_date, DAYS360 returns a negative number.
Dates should be entered by using the DATE function, or as results of other formulas or
functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems
can occur if dates are entered as text.
Method is a logical value that specifies whether to use the U.S. or European method in
the calculation.
Method Defined
FALSE or U.S. (NASD) method. If the starting date is the 31st of a month, it becomes
omitted equal to the 30th of the same month. If the ending date is the 31st of a month
and the starting date is earlier than the 30th of a month, the ending date
becomes equal to the 1st of the next month; otherwise the ending date
becomes equal to the 30th of the same month.
TRUE European method. Starting dates and ending dates that occur on the 31st of a
month become equal to the 30th of the same month.

Remark
Microsoft Excel stores dates as sequential serial numbers so they can be used in
calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial
number 39448 because it is 39,448 days after January 1, 1900. Microsoft Excel for the
Macintosh uses a different date system as its default.
Example
A
Dates
1/30/2008
1
2/1/2008
2
Formula Description (Result)
3
=DAYS360(A2,A3) Number of days between the two dates above, based on a
360-day year (1)

You might also like