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If your company's fiscal year aligns with the calendar year, classifying dates into quarters and years is straightforward. However, if it differs, you must use formulas to categorize dates into fiscal periods. Before addressing fiscal classifications, you can classify dates into calendar periods using the ROUNDUP function to determine the quarter from a date by extracting the month, dividing it by three, and rounding up. For the year, the YEAR function can extract the year from the date. This results in a list of calendar quarters and years. If you're utilizing a pivot table for analysis, these formulas are unnecessary, as the pivot table provides a grouping tool instead.
