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If your 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 needed for automatic classification into fiscal periods. First, to classify dates into calendar periods, the ROUNDUP function can be utilized to return the quarter from a date by extracting the month, dividing it by three, and rounding up to zero decimal places. For the year, the YEAR function can easily extract this from the date. If using a pivot table for analysis, there’s no need for these formulas, as the pivot table grouping tool can handle the classification.
