Compact mode
EOMONTH vs PMT vs MOD
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 typesEOMONTHPMTMODOperation 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 functionEOMONTH- Financial ProfessionalsEOMONTH is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsEOMONTH is designed for Accountants. Excel functions commonly used by accountants for financial tracking 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.
MOD
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionEOMONTH- End Of Month CalculationsEOMONTH is known for End Of Month Calculations.
PMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
MOD- Division Remainder CalculationsMOD is known for Division Remainder Calculations.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionEOMONTH- Used heavily in financial reporting
PMT- Most used function in banking industry
MOD- Used in ancient Babylonian mathematics for calendars
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionEOMONTH- The function that knows when payday is
PMT- The function that reminds you of your debts
MOD- The function that knows how to share but keeps the leftovers
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyEOMONTHPMTMOD
Technical Details Comparison
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*Operating 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
PMTMODRequired Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyEOMONTHPMTMODRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*EOMONTH
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionEOMONTH- Reliable For Financial Reporting
- Month-End Processing
PMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.
- Reliable
MOD- Simple And Straightforward
- Useful For Cyclic Calculations
Cons ❌
Limitations and potential drawbacks of the Excel functionEOMONTH- Limited To Month-End Dates
- Requires Date Serial NumbersFunctions that need dates in Excel's internal serial number format Click to see all.
PMT- Negative Number Output
- Complex Parameters
MOD- Limited To Integer OperationsFunctions that only work with whole numbers, limiting decimal calculations Click to see all.
- Not Suitable For Decimal Remainders
Ratings Comparison
Alternatives to EOMONTH
SUMIFS
Known for Multiple Condition Sum📈 is more versatile than PMT
ROUND
Known for Round Numbers📊 is easier to use than PMT
📈 is more versatile than PMT
⭐ is rated higher than PMT
MIN
Known for Finding Lowest Value📊 is easier to use than PMT
⭐ is rated higher than PMT
AVERAGE
Known for Basic Statistical Calculation📊 is easier to use than PMT
⭐ is rated higher than PMT
FACT
Known for Calculate Factorials📊 is easier to use than PMT
PRODUCT
Known for Multiplying Numbers Together📊 is easier to use than PMT
COUNTIFS
Known for Multiple Criteria Counting📈 is more versatile than PMT
⭐ is rated higher than PMT
SUBSTITUTE
Known for Replace Specific Text📈 is more versatile than PMT
⭐ is rated higher than PMT
RIGHT
Known for Extract Rightmost Characters📊 is easier to use than PMT
⭐ is rated higher than PMT
SUMIF
Known for Conditional Sum Calculations📊 is easier to use than PMT