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By Nooruddin Surani
The Gregorian calendar is the internationally accepted civil
calendar. But due to different number of days in different
months makes it difficult to
No.
Name
Days
1
January
31
work on financial calculations
2
February
28 or 29
using Gregorian calendar
3
March
31
4
April
30
 While working on Financial
5
May
31
6
June
30
Models it is easy to deal
7
July
31
8
August
31
with 30/360 days year
9
September
30
as most of the financial,
10
October
31
11
November
30
corporate & municipal
12
December
31
institutions follow the same


Gregorian calendar. (2010, March 16). In Wikipedia,
The Free Encyclopedia. Retrieved 15:25, March 19,
2010, from http://en.wikipedia.org/w/index.php?
title=Gregorian_calendar&oldid=350173459
In Excel it is very easy to work with 30/360 Days Count
Convention
 Syntax:
=DAYS360(START_DATE, END_DATE, [METHOD])
 Where START_DATE is the first date and END_DATE is the
last date of the period



My date of birth is 7-Dec-1973 today’s date is 19-Mar2010,
follow the
example to
understand
the same.
You can use Excel’s DAYS360 function to calculate difference
in two dates
 This function will eliminate the confusion with Gregorian
Calendar regarding different number of days in different
months, even different number of days in leap years
 Syntax:
=DAYS360(START_DATE, END_DATE, [METHOD])
 Where START_DATE is the first date and END_DATE is the
last date of the period



Gregorian calendar. (2010, March 16). In Wikipedia, The Free
Encyclopedia. Retrieved 15:25, March 19, 2010, from
http://en.wikipedia.org/w/index.php?
title=Gregorian_calendar&oldid=350173459
Thanks for your time
For further queries join us
Facebook
https://www.facebook.com/groups/exceladvise/

Youtube
http://www.youtube.com/user/ExcelAdvise

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Excel days 360 function 30-360 Days Count Convention

  • 2. The Gregorian calendar is the internationally accepted civil calendar. But due to different number of days in different months makes it difficult to No. Name Days 1 January 31 work on financial calculations 2 February 28 or 29 using Gregorian calendar 3 March 31 4 April 30  While working on Financial 5 May 31 6 June 30 Models it is easy to deal 7 July 31 8 August 31 with 30/360 days year 9 September 30 as most of the financial, 10 October 31 11 November 30 corporate & municipal 12 December 31 institutions follow the same  Gregorian calendar. (2010, March 16). In Wikipedia, The Free Encyclopedia. Retrieved 15:25, March 19, 2010, from http://en.wikipedia.org/w/index.php? title=Gregorian_calendar&oldid=350173459
  • 3. In Excel it is very easy to work with 30/360 Days Count Convention  Syntax: =DAYS360(START_DATE, END_DATE, [METHOD])  Where START_DATE is the first date and END_DATE is the last date of the period 
  • 4.  My date of birth is 7-Dec-1973 today’s date is 19-Mar2010, follow the example to understand the same.
  • 5. You can use Excel’s DAYS360 function to calculate difference in two dates  This function will eliminate the confusion with Gregorian Calendar regarding different number of days in different months, even different number of days in leap years  Syntax: =DAYS360(START_DATE, END_DATE, [METHOD])  Where START_DATE is the first date and END_DATE is the last date of the period 
  • 6.  Gregorian calendar. (2010, March 16). In Wikipedia, The Free Encyclopedia. Retrieved 15:25, March 19, 2010, from http://en.wikipedia.org/w/index.php? title=Gregorian_calendar&oldid=350173459
  • 7. Thanks for your time For further queries join us Facebook https://www.facebook.com/groups/exceladvise/ Youtube http://www.youtube.com/user/ExcelAdvise