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YEARFRAC
Get the fraction of a year between two dates
start_date
end_date basis
What is the YEARFRAC Function?
The YEARFRAC Function is categorized under DATE/TIME functions. YEARFRAC
will return the number of days between two dates as a year fraction in Excel.
Formula
=YEARFRAC(start_date, end_date, [basis])
The YEARFRAC function uses the following arguments:
1. Start_date (required argument) – It is the start of the period. The
function includes the start date in calculations.
2. End_date (required argument) – It is the end of the period. The
function includes the end date in calculations.
3. [basis] (optional argument) – It specifies the type of day count basis to
be used.
Various possible values of [basis] and their meanings are:
How to use the YEARFRAC Function in Excel?
As a worksheet function, YEARFRAC can be entered as part of a formula in a
cell of a worksheet. To understand the uses of the function, let’s consider a few
examples:
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