Formula - for Insurance Start Date


#1

I need a formula to calculate a benefit start date. Our insurance benefits begin 60 days after the first of the month.
So if an employee start date is 8/13/2018 the Insurance Benefit date is 11/1/2018.
Has anyone done this? I have tried multiple combinations, but can not figure it out. Thanks!


#2

I would do:

  1. Get the start month
  2. Go to the first day
  3. Add 3 months

My formula:

DATEADD(
	DATETIME_FORMAT(
		'1-' & MONTH(
			{Start Date}
		) & '-' & YEAR(
			{Start Date}
		),
		'D-M-YYYY'),
	3,
	'month'
)


#3

Thank you for getting me closer. The benefit start date needs to be the first of the month after 60 days. So if an employee start date is 8/13/2018 the Insurance Benefit date is 11/1/2018


#4

Hi Liz, that’s what Elias’ formula does, but it’s in D/MM/YYYY format. In your sheet this formula will use the date format you’ve chosen.
:slight_smile:


#5

Thanks. I could use english date format or days greater than 12 (that can’t be months :grin:), but I think people only goes to the result and ignore the explanation (that is the important part!).


#6

Thank you for your help!