Forum Discussion
Fiscal Year Calculated Columns
With due respect to Treb, the proposed solution by offsetting the week number will work well for year 2016. When you hit the year 2017 with 19/06/2017 as the start of new fiscal year the formula for week number will fail.
trebgatte correct me if I am wrong.
The solution proposed by me is a generic one and will work for any year and also any starting fiscal year date.
Attaching the screen shot for your reference.
I am assuming that you want to find the the weeknumber with starting of fiscal year from 19/06/2016.
I see that you have a calendaryear column, date column in your calendar table.
Try the following.
1. First convert the Date column into date format type DD/MM/YYYY
2. Create a FiscalYear column using the formula
=If((Month([Date]) >= 6 && Format([Date],"MMDD") >= "0619") , [Calendar Year],[Calendar Year] -1 )
3. Create column StartofYear which sets the starting of the year for each row in the date table as
="19/06/"&Format([FiscalYear],"####")
This will create the same value for each row and changes for every fiscal year setting it as 19/06/2016,19/06/2017, etc for each
row depending on the fiscal year value.
4. Create a column called FiscalYearWeekNumber based on fiscal year starting from "19/06/2016".
=CEILING((WEEKDAY([StartofYear])+[Date]-[StartofYear])/7,1)
This just relies on the difference between the calendar date and day 1 of the FY, and the fact that weeks contain 7 days. The WEEKDAY function factors in what day of the week the FY starts on, and the date difference and CEILING function handle fractional week differences due to the day of the week the date falls on.
With this done you will find that for each year starting from 19/06 weeks are numbered based on Sun to Saturday weeks.
Try it out
If this works for you please accept it as a solution and also give kudos.
Cheers
CheenuSing