I was going through a file that used TEXT formula to calculate the difference between dates. It was a file from human resource department file which calculated the age of the employees using TEXT formula. Initially it looked very easy and useful. I have been using DATEDIF function all this years and in front of TEXT it looked so cumbersome. Then I compared the results from the two functions. To my surprise the results were different.
The results from TEXT formula were higher by one month or more. It appears that TEXT formula while it take care of years but for months it complete the full cycle of 12 months ignoring dates. Although on lighter side someone who is 30 year old would not mind a month or two added to his age but an infant like my daughter certainly would.