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EXCEL YEARFRAC FUNCTION
Excel YEARFRAC Function Introduction
The YEARFRAC Function is classified as a DATE/TIME function. YEARFRAC in Excel will give the number of days between two dates as a year percent.
Description of Excel YEARFRAC Function
Syntax :
=YEARFRAC(start_date, end_date, [basis])
Parameters:
- Start date (required parameter) – This is the period’s start date. In computations, the function takes the commencement date into account.
- End date (required parameter) – This is the period’s end date. In computations, the function takes the end date into account.
- [basis] (optional parameter) Specifies the day count basis to be utilized.
Step By Step Guide of YEARFRAC Function
Example :
Key Points
- #NUM! error – This occurs when the provided base argument is less than zero or higher than four.
- #VALUE! error – Occurs when either the start date or end date parameters are invalid dates.
- The [base] option provided is not numeric.
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