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If a company's fiscal year aligns with the calendar year, classifying reporting dates into quarters and years is straightforward. However, if the fiscal year differs, formulas are necessary to classify dates into fiscal periods. First, to classify dates into calendar periods, the ROUNDUP function can be used to obtain the quarter by extracting the month from the date, dividing by three, and rounding up. The YEAR function can be applied to extract the year easily. For those using a pivot table for analysis, these formulas are not needed, as the pivot table grouping tool can be utilized instead.
