Compact mode
DATEDIF vs PMT vs WORKDAY
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesDATEDIFPMTWORKDAYOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsFor all*
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionDATEDIF- Business ManagersDATEDIF is designed for Business Managers. Excel functions helpful for business management and decision making Click to see all.
- AnalystsDATEDIF is designed for Analysts. Excel functions essential for data analysis and reporting Click to see all.
PMT- Financial ProfessionalsPMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsPMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.
WORKDAY
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionDATEDIF- Date Difference CalculationsDATEDIF is known for Date Difference Calculations.
PMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
WORKDAY- Business Day CalculationsWORKDAY is known for Business Day Calculations.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionDATEDIF- Not listed in Excel's function wizard
PMT- Most used function in banking industry
WORKDAY- Essential for Project Planning
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionDATEDIF- The function Microsoft tried to hide but failed
PMT- The function that reminds you of your debts
WORKDAY- Makes Vacation Planning Complicated
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyFor all*
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersDATEDIFPMTWORKDAYVersion Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
PMTOperating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
PMTRequired Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyDATEDIFPMTWORKDAYRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionDATEDIF- DateDATEDIF accepts Date as input types Excel functions specialized in processing date and time calculations Click to see all.
- TextDATEDIF accepts Text as input types Excel functions specialized in text string manipulation and processing Click to see all.
PMT- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
WORKDAY
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionDATEDIF- Accurate Date Calculations
- Multiple Units
PMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.
- Reliable
WORKDAY- Holiday Consideration
- Business Calendar Support
Cons ❌
Limitations and potential drawbacks of the Excel functionDATEDIF- Hidden Function
- Documentation Limitations
PMT- Negative Number Output
- Complex Parameters
WORKDAY- Weekend Definition Limited
- Regional ConstraintsFunctions affected by regional settings and formats Click to see all.
Ratings Comparison
Alternatives to DATEDIF
SUBSTITUTE
Known for Replace Specific Text📈 is more versatile than DATEDIF
DAYS
Known for Calculate Days Between Dates📊 is easier to use than DATEDIF
⚙ performs better than DATEDIF
WEEKDAY
Known for Day Of Week Determination📊 is easier to use than DATEDIF
COUNTIFS
Known for Multiple Criteria Counting📈 is more versatile than DATEDIF
NOW
Known for Current Date And Time Retrieval📊 is easier to use than DATEDIF
TODAY
Known for Current Date Return📊 is easier to use than DATEDIF
⚙ performs better than DATEDIF
IF
Known for Conditional Statements📈 is more versatile than DATEDIF
⭐ is rated higher than DATEDIF