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Excel - Calculate the YTD Cost

Issue

I have a spreadsheet listing the different contracts my department has and their values. Each contract has a separate start and end date. For example:
• Contract 1 on Row #50 has a contract input date of Jan 12, 2010 and Start date of Jan 1, 2010 and end date of Dec. 31, 2010 with a value of \$100,000.00
• Contract 2 on Row # 55 has a contract input date of March 8, 2010, Start Date of April 1, 2010, End Date of March 31, 2013 and a value of \$500,000.00

I would like to figure out the YTD cost of each contract in a separate cell. Using the above example:
• Contract #1 should return a YTD value of \$58,333.33 OR (\$100,000.00/ 12 months * 7 months)
• Contract #2 should return a YTD value of \$83,333.33 OR (\$500,000/ 24 months (term of the contract, difference in start and end dates) * 4 months)

Would you be able to help me with this?

Solution

```=((YEAR(TODAY())-YEAR(B2)) * 12 + MONTH(TODAY()) - MONTH(B2) + 1) * D2/((YEAR(C2)-YEAR(B2))*12+MONTH(C2)-MONTH(B2)+1)
B2 : Start Date
C2: end Date
D2: amount
```

Note that

Solved by rizvisa1
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A few words of thanks would be greatly appreciated.