Excel doesn't have a built-in format that displays where a date falls into the quarter system. If you need a date's quarter, use the following expression:
Since the expression both subtracts and then adds 1, you might think you can eliminate both steps, but you can't. The expression can't handle the last month in each quarter.
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Susan Sales Harkins is an IT consultant, specializing in desktop solutions. Previously, she was editor in chief for The Cobb Group, the world's largest publisher of technical journals.