How to Sum Data By Month in Excel
We may want to get the sum of values for a particular month from tables that contain a large amount of data. Further problems may arise if the data is not in chronological order.
To solve this problem we can add a helper column that will convert dates to month numbers using a simple Excel MONTH formula.
The next step will be to list down numbers that are of interest in an empty column, and the sum values of each month using the following formula:
= SUMIF(D4:D14, F4, C4:C14)
Where F4 contains the desired month number.
Example:
A shorter and simpler method to perform the same task without the helper column will be to use the formula:
= SUMPRODUCT((MONTH(C4:C14) = F4) * (D4:D14))
Here column D contains dates, column D contains the values to sum and F4 contains the month number.
Using MONTH and EOMONTH functions in Excel
In this easy-to-follow guide, we’ll explore the Excel MONTH and EOMONTH functions. These functions are super handy for working with dates. We’ll show you how to use them to figure out which month a date belongs to, get the first and last day of a month, and more. Whether you’re new to Excel or an experienced user, this tutorial will help you become a pro at handling dates in your spreadsheets. By the end, you’ll be able to breeze through date-related tasks and make your Excel work even smoother. So, let’s dive in and master these functions together!
MONTH and EOMONTH are built-in functions in Excel that assist users in performing date-based operations, particularly those tied to months. Let’s delve into each function and see how they can be useful: