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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, for fiscal years that differ, you'll need formulas to categorize dates into their respective fiscal periods. To classify dates into calendar periods, use the ROUNDUP function to determine the quarter by extracting the month, dividing it by three, and rounding up. For the year, the YEAR function can be utilized to extract it from the date. If employing a pivot table for analysis, these formulas are unnecessary, as the pivot table grouping tool can effectively handle the classifications.