How to Use the NETWORKDAYS Function in Excel

The NETWORKDAYS function is a useful tool that helps you find the number of working days between two dates, which can help you plan events and prioritize any tasks that significantly affect your business workflow. affects.

You can use it as part of your analysis and spreadsheet models. Let’s take a closer look at how this function works, and we’ll guide you through some ways to use it effectively in a variety of scenarios.

What is the NETWORK Function in Excel?

The NETWORKDAYS function is a built-in date/time function in Excel that returns the number of working days between two dates. It automatically takes into account weekends (standard weekends like Saturday and Sunday), and any holidays you specify.

Use Cases for the NETWORK Function in Excel

If you’re looking for a simple tool to help you stay on top of things – scheduling projects or tasks or calculating freelance project hours or managing deadlines, this function can come in handy.

In addition to being extremely useful in everyday work/personal situations, the NETWORKDAYS function can be used for mapping and forecasting timelines when used with other spreadsheet tools. Let’s take a look at how this tool can be effective in different scenarios.

1. Find the total hours worked/billed hours in a month

In a work setting, this function can be useful for ensuring that your employees are working enough hours each week. If you’re a freelancer, this function can also come in handy when you’re billing your clients. The example below shows how this works.

Multiply the number of days in column J by 8 (hours in a full work day) to arrive at the total number of hours worked in a month.

First, for Project A in our example, the total number of days becomes 51. Using the above formula the number of hours worked equals 408 hours.

2. Calculate remaining working days in a month

You can also use the NETWORKDAYS function to calculate the number of working days remaining in a month. For example, we want to count the number of working days remaining in October. Let’s say we are halfway through the month of October. We want to calculate the number of days remaining from 15-10-2022.

To do this, we’ll need to use the EOMONTH function in addition to the NETWORKDAYS function. The EOMONTH function calculates the end of month for a given date by adding the specified number of months to it.

For our example, you would enter a start date of 15-10-2022. To return the number of days remaining in the month of October 2-22, simply add a value of zero as the number of months. This will only return the number of days left for October 2022.

The number of remaining working days from the date 15-10-2022 to 31-10-2022 becomes 10 days.

How to Use the NETWORK Function in Excel

We will use the NETWORK function to calculate the number of working/business days between two specific dates with a basic example.

Using the function, the number of effective working days (excluding weekends) becomes 102. However, in cases where weekends fall on non-standard days, such as Mondays and Tuesdays, you will need to use the NETWORKDAYS.INTL function. For this purpose.

Pro Tip: It is better to include absolute cell references when selecting the list of holidays to arrive at accurate results.

Calculate your working hours and prioritize tasks

Being able to work with the NETWORKDAYS function can be helpful in a variety of contexts. For example, it can determine your available workdays to complete a project with a client, or it can help you optimize your schedule to meet deadlines. The more you use this function, the more you’ll find creative and useful ways to apply it.

Leave a Comment