I need an Excel formula that starts with 1/1/2016 and can output the date in dd/mm/yyyy format for the rest of the year excluding weekends.
I did have this: =WORKDAY.INTL(1/1/2016,365,2)
but it only outputs 511 which is 25/05/1901 and that is irrelevant for me.
I think the problem lies in the fact that you use 1/1/2016 in the formula directly, and it is interpreted as a number instead of a date.
The following setup worked for me:
A1 =1/1/2016 B1 =WORKDAY.INTL(A$1, 1, 1)
B2 =WORKDAY.INTL(A$1, 2, 1)
B3 =WORKDAY.INTL(A$1, 3, 1)
(Also note that the last parameter, which is 2 in your case, makes Excel assume weekends fall on Sunday and Monday).