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If your company's fiscal year aligns with the calendar year, classifying dates into quarters and years is straightforward. But if your fiscal year differs, you'll need formulas to automate this process. Before tackling fiscal periods, start by classifying dates into calendar periods using the ROUNDUP function to determine the quarter. Extract the month from the date, divide by three, and round up to zero decimal places. Use the YEAR function to extract the year. When using a pivot table for analysis, formulas aren't necessary as the grouping tool in Excel can handle this.