Excel Formulas to Calculate the Sum by Fiscal Year ~ Quick Method!!
Tags: excelformula, excelformulas
Published: 2021-05-27 08:37:21

---
title: Excel Formulas to Calculate the Sum by Fiscal Year ~ Quick Method!!
published: true
date: 2021-05-26 17:34:26 UTC
tags: ExcelFormula,Excelformulas
canonical_url: https://geekexcel.com/excel-formulas-calculate-sum-by-fiscal-year/
---

Assume that you have a list of dates and amounts, here you need to **calculate the sum** of the amounts **based on the fiscal year in Excel** , What can you do? Today I introduce you to some formulas to solve this problem. Let’s jump into this article!! Get an official version of ** MS Excel**  from the following link: [https://www.microsoft.com/en-in/microsoft-365/excel](https://www.microsoft.com/en-in/microsoft-365/excel)

[![Sum by fiscal year](https://geekexcel.com/wp-content/uploads/2021/05/Sum-by-fiscal-year.png)](https://geekexcel.com/excel-formulas-calculate-sum-by-fiscal-year/sum-by-fiscal-year/#main)<figcaption id="caption-attachment-45660">Sum by fiscal year</figcaption>

## Generic Formula:

- If you want to calculate the sum based on the year in Excel, you can use the below formula.

**=[SUMPRODUCT](https://geekexcel.com/how-to-use-excel-sumproduct-function-in-office-365/)(–([YEAR](https://geekexcel.com/how-to-use-year-function-in-excel-365/)(date)+([MONTH](https://geekexcel.com/how-to-use-month-function-in-microsoft-excel-365/)(date)>=7)=F5),amount) **

## Syntax Explanations:

- **SUMPRODUCT** – The [**SUMPRODUCT Function**](https://geekexcel.com/how-to-use-excel-sumproduct-function-in-office-365/) in Excel multiplies the corresponding arrays or ranges and returns the sum of the products.
- **YEAR** – This function helps to extract the year from the given date and returns the year as a 4-digit number. Read more on the [**YEAR function**](https://geekexcel.com/how-to-use-year-function-in-excel-365/).
- **MONTH** – In Excel, the **[MONTH function](https://geekexcel.com/how-to-use-month-function-in-microsoft-excel-365/)** returns the month of a date.
- **Date ** – It specifies the input dates from your worksheet.
- **Comma symbol (,)** – It is a separator that helps to separate a list of values.
- **Plus operator (+)** – This symbol is used to add the values.
- **Minus Operator (-)** – This symbol will help to subtract any two values.
- **Parenthesis ()** – The main purpose of this symbol is to group the elements.

## Example:

Let’s consider the below example image.

- First, we will enter the input dates in **Column B** , **Column C,** and **Column D**.
- Here we are going to calculate the sum values based on the fiscal year.

![Input Ranges](https://geekexcel.com/wp-content/uploads/2021/05/Input-Ranges-49.png)<figcaption id="caption-attachment-45662">Input Ranges</figcaption>

- Select any cell and type the above-given formula.

![Enter the formula](https://geekexcel.com/wp-content/uploads/2021/05/Enter-the-formula-90.png)<figcaption id="caption-attachment-45661">Enter the formula</figcaption>

- Finally, press  **ENTER**  to get the result out, if you need, drag the fill handle over range to apply the formula.

![Result](https://geekexcel.com/wp-content/uploads/2021/05/Result-84.png)<figcaption id="caption-attachment-45659">Result</figcaption>

## Bottom-Line:

Hope you like this article on **how to calculate the sum by fiscal year in Excel**. Please write us below if something is unclear or if you need further assistance on this subject.

Thank you so much for visiting  **[Geek Excel](https://geekexcel.com/)!! **If you want to learn more helpful formulas, check out [**Excel Formulas**](https://geekexcel.com/excel-formula/) **!! **

### Read Also:

- **[Excel Formulas to Parse Time String to Time ~ A Complete Tutorial!!](https://geekexcel.com/excel-formulas-parse-time-string-to-time/)**
- **[How to Count missing values in a list in Excel Office 365?](https://geekexcel.com/how-to-count-missing-values-in-a-list-in-excel-office-365/)**
- **[Excel Formulas to Find the Next Working Day ~ Quick Solution!!](https://geekexcel.com/excel-formulas-to-find-the-next-working-day/)**
- **[How to Find the Last Column of Data in Excel Office 365?](https://geekexcel.com/how-to-find-the-last-column-of-data-in-excel-office-365/)**