Calculate Length Of Service In Years And Months

BY STANLEY ZAROWIN

Q. Is there an easy way to calculate how long in years and months the employees have been working for my company?

A. Excel can do that, as long as you’ve listed all the employees in a database. If so, place them in an Excel worksheet with their start date in one cell and end date (which would be the current date, I assume) in an adjacent cell. Then insert this formula (where the start dates are in the D column and the end dates in the E column):

=DATEDIF(D2,E2,"y") & " years, " & DATEDIF(D2,E2,"ym") & " months ".

Here’s what it looks like in Excel (color added for clarity):

Be sure to format the D and E columns to display dates (see screenshot below).

CAREER TIPS

CPAs share lessons from dads

To celebrate Father’s Day, the JofA asked accountants across the country to share some lessons they learned from their fathers—especially ones that helped them later on in the accounting profession. Here are their stories.

SPONSORED REPORT

How to audit high risk areas

Revenue recognition, internal control over financial reporting, accounting estimates and going concern are areas of audit that have emerged as particularly challenging and complex.

PRACTICE MANAGEMENT

Q&A: How to determine a client’s price sensitivity

To price effectively, CPA firms first need to determine the price sensitivity of individual clients. Author and consultant Ron Baker, an unabashed value-pricing champion, explains how to do it in this Q&A.