Date Difference calculation

The detailed planning Date difference calculation finds the interval between two dates, and returns a vector value representing the elapsed time in the units that you specify (for example, years, months, days). The dates can be attributes, values (that is, a specific date), or the current month, and can be selected from members that are outside of the scenario time period.

 Example:  For example, Date difference is useful for calculations related to project planning, loans and interest, depreciation and CapEx, and employee years of service.

Parameters

  • Start date: The date the employee started working for the company. The options are Value, Attribute (of type Date) and End of Current Month.
  • End date: The date the employee finished working for the company. The options are Value, Attribute, and End of Current Month (of type Date).
  • Interval: The unit used in measuring the length of time. The options are Days, Months, Quarters, and Years.
  • Truncate result: Determines whether the decimal place is removed from the result, so that only whole numbers are displayed, in the chosen interval.

Examples

Difference in years between two dates

The following example calculates the difference between two dates, and shows the result in years, truncated. Note that the Start date is an Attribute, whereas the End date uses End of Current Month.

  Current Month
  Jan2017 Feb2017 Mar2017 Apr2017 May2017
Start date = Attribute 2/1/2015 2/1/2015 2/1/2015 2/1/2015 2/1/2015
End date = End of Current Month 1/31/2017 2/28/2017 3/31/2017 4/30/2017 5/31/2017
Number of years elapsed 1 2 2 2 2

Number of months until project end

The following example calculates the difference between a Start date (set to End of Current Month) and an End date (set to an Attribute named End of Project) and shows the result in months.

  Current Month
  Jan2017 Feb2017 Mar2017 Apr2017 May2017
Start date = Current month 1/31/2017 2/28/2017 3/31/2017 4/30/2017 5/31/2017
End date = Attribute
12/31/2017 12/31/2017 12/31/2017 12/31/2017 12/31/2017
Calculation Result 11 10 9 8 7