Recall & Review
beginner
What does the EDATE function do in Excel?
EDATE returns the date that is a specified number of months before or after a given start date. It helps you find a date exactly months away.
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beginner
How does EOMONTH differ from EDATE?
EOMONTH returns the last day of the month, a specified number of months before or after a start date. EDATE returns the exact date, not necessarily the month end.
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beginner
Write the formula to find the date 3 months after January 15, 2024 using EDATE.
The formula is =EDATE("2024-01-15", 3). It returns April 15, 2024.
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beginner
What will =EOMONTH("2024-01-15", 0) return?
It returns January 31, 2024, the last day of the same month as the start date.
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intermediate
Why use EOMONTH when calculating due dates or billing cycles?
Because it gives the last day of a month, it helps set deadlines or billing dates that always fall at month end, even if months have different lengths.
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What does =EDATE("2024-05-10", -2) return?
✗ Incorrect
EDATE with -2 subtracts 2 months from May 10, 2024, resulting in March 10, 2024.
Which function returns the last day of a month?
✗ Incorrect
EOMONTH returns the last day of the month for a given date.
What does =EOMONTH("2024-02-15", 1) return?
✗ Incorrect
EOMONTH with 1 moves one month forward and returns the last day of March 2024, which is March 31.
If you want to find the date 6 months after today, which formula is correct?
✗ Incorrect
EDATE with TODAY() and 6 adds 6 months to the current date.
What happens if you use a negative number in EOMONTH?
✗ Incorrect
Negative numbers in EOMONTH move backward in months and return the last day of a past month.
Explain how you would use EDATE and EOMONTH to calculate a payment due date that is always the last day of the month, 2 months from a given invoice date.
Think about how EOMONTH handles months and how the second argument controls the month offset.
You got /3 concepts.
Describe the difference in output between EDATE and EOMONTH when given the same start date and month offset.
Focus on what part of the date each function returns.
You got /4 concepts.