Manuals/calci/YEARBASIS

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YEARBASIS(Date, Basis)

where

  • represents a start date, and
  • is the type of day count basis to use.

YEARBASIS() calculates the number of days in the year for the mentioned date with respect to basis count.

Description

YEARBASIS(Date, Basis)

  • YEARBASIS() returns the number of days in the year for the mentioned date with respect to basis count.
  • should be entered either in 'date format' or 'date returned using formula'. If date is not valid, Calci displays #N/A error message.
  • value is optional. If omitted, Calci assumes it to be 0.

Below table shows the use of values:

Basis Description
0 US (NASD) 30/360
1 Actual/actual
2 Actual/360
3 Actual/365
4 European 30/360
  • If value is other than 0 to 4, Calci displays #N/A error message.

Examples

YEARBASIS(Date, Basis) function with inputs in order is calculated as follows:

1/4/2008
10/10/2008
4
=YEARBASIS(A1,A3) : Calculates the number of days in the year for cell A1 for basis count 4. Returns 360 as a result.
=YEARBASIS(A2,A3) : Calculates the number of days in the year for cell A2 for basis count 4. Returns 360 as a result.
=YEARBASIS(DATE(2014,1,1),0) : Calculates the number of days in the year for the specified date for basis count 0. 
Returns 360 as a result.
=YEARBASIS(DATE(2014,1,1),1) : Calculates the number of days in the year for the specified date for basis count 1. 
Returns 365 as a result.
=YEARBASIS(DATE(2014,1,1),2) : Calculates the number of days in the year for the specified date for basis count 2. 
Returns 360 as a result.
=YEARBASIS(DATE(2014,1,1),3) : Calculates the number of days in the year for the specified date for basis count 3. 
Returns 365 as a result.
=YEARBASIS(DATE(2014,1,1)) : Calculates the number of days in the year for the specified date. Here basis count is omitted. 
Returns 360 as a result.

Related Videos

YEARFRAC

See Also

References