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If a company's fiscal year aligns with the calendar year, classifying dates into quarters and years for reporting is straightforward. However, if the fiscal year differs, formulas are required to classify the dates into fiscal periods. First, dates can be categorized into calendar periods using functions like ROUNDUP to determine the quarter by extracting the month and dividing by three, rounding up to zero decimal places. The YEAR function can easily extract the year from the date. For analysis using pivot tables, these formulas are unnecessary as the pivot table grouping tool can handle date classification effectively.
