Formula to Sum by Month and Financial Year

I have a spreadsheet that consists of date, product number with amount received against each date.

What I need are formulas that will automatically provide me with:
1. The sub-total monthly income for each product against each financial year.
2. Total income for each product by financial year.
3. Total income for each financial year.

I have attached the spreadsheet with an example. Hope someone can help. Thanks

Hi Siva, thank you for the great example. Just one question, our financial year starts from 1 July and ends on the 30 June. I tried to work out your formula by making the following changes:

SUMPRODUCT(($A$10:$A$20>=DATE(2000+LEFT($A3,2)*1,4,1))*($A$10:$A$20<=DATE(2000+LEFT($A3,2)*1+1,3,31))*(B$10:B$20))
to
SUMPRODUCT(($A$10:$A$20>=DATE(2000+LEFT($A3,2)*1,7,1))*($A$10:$A$20<=DATE(2000+LEFT($A3,2)*1+1,6,30))*(B$10:B$20))

but I seem to be having a problem...
kind regards Colin

Thank you Siva, you have given me the answer.

Hi Glenn, I do like the way you did the formula, as it enable me to see the date. I tried to modify the formula to calculate the total for each month by financial year, but my attempts did not work, for example Nov 2012, did not give me the correct answer:

=SUMPRODUCT(--($A$9:$A$99>="01/11/2012"+0)*($A$9:$A$99<="30/11/2012"+0),B$9:E$99)

Thanks for your input.

Originally Posted by Glenn Kennedy

Try this. There is a bit of manual intervention needed in Februarys of Leap Years, where you have to change the 28 in column P to a 29. I also rearranged the months to be in sequence for the Aussie FY.

Great, thanks heaps, it works perfectly...