How to calculate hours in excel
Introduction
Calculating hours in Excel may seem intimidating, but it’s actually quite simple when you know the right formulas and functions to use. In this article, we will show you how to calculate the total number of hours worked, compute overtime hours, and track time durations effortlessly by using basic and advanced excel functions.
Calculating Hours Worked
1. Basic Time Calculation
Let’s say you have an employee’s starting time in cell A1 and their ending time in cell B1. To calculate hours worked:
= (B1-A1) * 24
You need to multiply by 24 as Excel tracks time as a fraction of a day.
2. Calculating Hours Worked with Breaks
If an employee takes breaks during the workday, the same formula can be slightly modified. Let’s assume the employee’s starting time is still in A1, ending time in B1, and total break time in C1:
= (B1-A1-C1) * 24
Computing Overtime Hours
If an employee works overtime, you can calculate those hours too. For this example, let’s assume the regular working hours are eight per day.
=MAX(0,((B1-A1)*24)-8)
This formula will give you the number of overtime hours worked by subtracting 8 from the total hours worked.
Tracking Time Durations Using Functions
There are several built-in Excel functions that can help you easily track and calculate various durations such as DAYS(), NETWORKDAYS(), and DATEDIF().
1. DAYS()
The DAYS() function calculates the number of days between two dates.
=DAYS(end_date,start_date)
2. NETWORKDAYS()
The NETWORKDAYS() function calculates the number of working days between two dates, excluding weekends and holidays.
=NETWORKDAYS(start_date,end_date,holidays)
3. DATEDIF()
Excel’s DATEDIF() function is a powerful tool for tracking the duration between two dates in years, months, and days.
=DATEDIF(start_date,end_date,unit)
“unit” can be “Y” for years, “M” for months, or “D” for days.
Conclusion
Learning how to calculate hours in Excel can save you time and effort while managing complex schedules and employee data. By mastering these simple formulas and functions, you’ll be able to create detailed time reports efficiently. Now that you know the basics of calculating hours in Excel, it’s time to incorporate these techniques into your spreadsheet workflows. Happy calculating!