Calculate Days || Days360 function || Excel Formula || #digitaltechknow @DigitalTechknow #excel

📘 How to Calculate Days in Microsoft Excel by Using the DAYS360 Function? | Full Excel Tutorial
🎥 Welcome to DIGITAL TECHKNOW — your go-to channel for mastering Microsoft Excel, Power BI, MS Word, and other tech tools in the easiest way possible. In this comprehensive tutorial, you’ll learn how to use the DAYS360 function in Excel like a pro. Whether you're a student, a working professional, or preparing reports for financial or project management, this formula is a time-saver and a skill booster! ⏱️📊

🔍 What You’ll Learn in This Video
📌 What is the DAYS360 Function?
📌 Syntax and Explanation of DAYS360
📌 Difference Between Actual and 360-Day Methods
📌 When and Why to Use DAYS360?
📌 Step-by-Step Examples with Real-Time Data
📌 Common Errors and How to Fix Them
📌 Use Cases in Financial Reports and Project Management
📌 Tips, Tricks, and Shortcuts
📌 BONUS: Excel Practice Sheet Link Included

💡 What is the DAYS360 Function?
The DAYS360 function in Excel calculates the number of days between two dates based on a 360-day year (12 months of 30 days each) — a method often used in accounting and financial applications.

🧠 Why Use a 360-Day Year?
Excel’s standard method counts actual calendar days between dates. But in financial and business environments, a year is often simplified to 360 days to make calculations cleaner and easier. 🧾

✅ Use Cases Include:

📉 Interest calculations

📆 Monthly payrolls

💳 Loan amortizations

🏢 Lease and rental period tracking

📑 Budget forecasting

🧠 Pro Tips for Using DAYS360 Effectively
💡 Use named ranges for date references
💡 Combine with IF, AND, OR for conditional logic
💡 Use with TEXT to format results smartly
💡 Create dropdowns with Data Validation for dynamic date inputs
💡 Protect formulas with sheet protection to avoid unintentional edits

🙋‍♂️ FAQs – Your Questions Answered
Q1. Can DAYS360 handle leap years?
A: No, it always assumes a 360-day year, regardless of leap years.

Q2. What if I input a non-date text like "Hello"?
A: Excel will return a #VALUE! error. Always ensure dates are formatted correctly.

Q3. Can I use this formula across sheets or workbooks?

Q4. Does DAYS360 support dynamic arrays or spill ranges?
A: Not directly, but it can be used with helper formulas in dynamic arrays.

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🔚 Final Words
The DAYS360 function in Excel is not just a formula — it's a precision tool that professionals across industries use to streamline their workflows. Now that you understand its power, start using it to enhance your reporting, budgeting, and scheduling tasks.

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